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US Highway 50 - Northern Nevada Industrial Center - Phase I 1,100 Acres of Industrial Land in Silver Springs, NV 89429



INVESTMENT HIGHLIGHTS
- Excellent state incentives with no state or corporate income tax and no personal income tax.
- The site was selected as an Opportunity Zone and is surrounded by an educated, expanding, and cost-effective workforce.
- Build-to-suits are available, and the site boasts a superior fiber-optic network.
- Businesses benefit from low shipping and drayage costs plus dependable, competitive energy.
EXECUTIVE SUMMARY
Opportunity Zones are a new community development program established by Congress to encourage long-term investments in low-income urban and rural communities nationwide. The program offers three main tax incentives for investing in low-income communities: temporary deferral, stepped-up basis, and permanent exclusion. The property is priced far below comparable land in the area.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 1,100.00 AC |
| Lot Size | 1,100.00 AC |
Phase I of the Northern Nevada Industrial Center consists of all or part of 1,100-acres of industrial land under development. Located just south of the Tahoe Reno Industrial Center (Tesla Gigafactory).
DESCRIPTION
The 20,000-acre Northern Nevada Industrial Center (“NNIC”) is a noteworthy option for site selectors to consider. The opportunity at NNIC includes an accelerated planning and building process recently approved by Lyon County in December 2017. Like the neighboring TRI-Center and Tesla Gigafactory, NNIC presents a value proposition for small and large users. The Northern Nevada Market has limited industrial land supply and increasing costs. Excellent access to USA Parkway and US Highway 50 provides easy shipping, allowing the entire county to reach within three days. The surrounding area offers an expanding and educated workforce with over 8,600 residents in the surrounding 10 miles, expected to grow more than 2% in the next five years. The surrounding region, including the Reno and Carson City metro areas, presents a private job market that boasts industry shares of 11.1% manufacturing and 8.1% transportation and warehousing, ensuring the availability of a skilled labor pool.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $433,143 CAD | Total Assessment | $433,143 CAD |
PROPERTY TAXES
SALE ADVISOR
SALE ADVISOR
Keith Oesterling, Realtor
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US Highway 50 - Northern Nevada Industrial Center - Phase I
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