10 Acres of Nevada Investment Land in Elko County

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We believe this property is an excellent short to long-term investment in an area that has all of the conveniences of a larger urban area, but is located in a private, rural setting. This property is located in spectacular Elko County in Northern Nevada. This area offers low property taxes, inexpensive housing, the convenience of nearby towns (Elko, Wells, and Wendover), and an abundance of open space. The high deserts, mountains, canyons, rivers, and forests of Nevada provide for a quality of life virtually unknown to most of the world.

Property values in Nevada have soared in recent years due to migrations of retirees enticed by the pleasant arid climate and the relaxed low-key lifestyle American West. Investors and business entrepreneurs are also relocating to the area due to its friendly business atmosphere, strategic location between several Western States (Utah, Idaho, Oregon, California, and Arizona) and a major continental transportation route (Interstate 80).

Nevada's potential for growth is demonstrated by explosive growth in Reno, Las Vegas, and Twin Falls Idaho. As property values in these areas continue to increase, real estate in Elko County represents excellent investment potential! Private property will soon be beyond the reach of a lot of Americans. As the population of the United States grows and continues to relocate, opportunities in "best kept secret" areas like Elko County will diminish. Niche investment properties in rural areas such as Northern Nevada are growing in value. Please click on this recent article concerning growth in the rural American West. Land is an excellent investment because in the long-term it always increased in value. Due to the instability of the economy are the highly variable housing market raw land represents a solid investment for the future. Raw land requires little management (besides paying minimal property taxes), all you have to do is sit back and wait for your land to appreciate in value. Land is a not an unlimited resource and no "new" land is being created. Land in Elko County fulfills the needs of those looking for a new adventure in living, a prudent investment, and a legacy property to pass on to future generations!

Nevada presents an excellent investment opportunity for many reasons. A strong gambling economy, desirable climate for retirees and relatively cheap land prices make Nevada prime for long-term investments in raw land. The average cost for an acre of raw land in Nevada is among the lowest of all of the United States. Average land prices in Nevada increased 53.8% from 2005 to 2006 compared to a national average of only 15.2%. Only a small percentage of Elko County is privately owned with the remainder owned by the Federal and State governments and Native American Reservations. This leaves a very limited amount of land available for private ownership. Out of the privately owned portion, fewer and fewer places remain where one can enjoy privacy and the amenities that will provide peace of mind and relative freedom. The opportunity for acquiring undeveloped property is diminishing. Many rural areas are surrounded by public lands that restrict potential development leaving only a limited supply of land. Elko County is one such area. As a property owner in this area you can declare your independence from metropolitan chaos and escape to a quiet, secluded, enriched life.

The quality of life in Elko County is best characterized as a friendly small town, with a low crime rate, and a pleasant climate that provides over 300 days of sunshine a year. Summers are milder (due to the relatively higher elevation, average summer temperature 80 degrees) than other desert areas like Phoenix and Las Vegas and winters are mild and pleasant (rarely below 30 degrees). There are breathtaking views in every direction of the open countryside and the numerous mountain ranges encompassed by the Humboldt Toiyabe National Forest which soar thousands of feet into clear blue skies. The region's heritage is diverse including Native Americans, cowboys, miners, sheepherders, settlers, farmers, ranchers, outlaws, and the military. Many cultures have left a mark on this land and continue to thrive here. The county seat is located in Elko (35 miles away). Other nearby communities include Battle Mountain (105 miles away), Winnemucca (160 miles away), Wendover (90 miles away), Twin Falls Idaho (145 miles away), and Reno (325 miles away).

Elko County encompasses a diverse region of high altitude deserts and basin and range county including lakes, rivers, mesas, forests, and majestic mountains. The recreational opportunities in this area are unlimited. Area attractions include but are not limited to Humboldt-Toiyabe National Forest, Red Lion Casino, Northeastern Nevada Museum, Numerous Ghost Towns , and Ruby Lake National Wildlife Refuge.

Elko County is an ideal place to escape and enjoy outdoor activities and quite county life. Its the perfect place to go camping, fishing, hunting, hiking, gold mining, mountain biking, rock climbing, camping, horseback riding, snow-mobiling, cross-country skiing, bird watching, rock hounding, or just kick back and relax and take advantage of being in a photographer's paradise. It is big, open country. As a visitor you will discover an incredible range of choices: abundant wildlife, ranching scenes and historical settings along back roads, relaxation and solitude at a lake, stream or mountain top in the nearby Humbolt-Toiyabe National Forest. The incredible variety of topography, animal life, birds and wildflowers is not immediately obvious to the casual observer. Take the time to discover some of the things, that makes this a unique wonderland.Elko County also offers many casinos such as the Gold Dust West Casino, High Desert Inn Casino and Red Lion Inn and Casino.

Other property in the same area has sold for $1,000 – $15,000 per acre or more. For a price comparison, you can view a list of other sellers properties at:

Comparison Values

Comparison Values

Comparison Values

Comparison Values

YOU ARE BIDDING ON THE FULL PRICE OF THIS PROPERTY (NOT PAYMENTS). The total and complete cost of this property is the $200.00 doc/prep fee (see details below) plus the winning bid amount. Payment must be made within 3 days of the auction close date.

SIZE: 10.00 Acres

APN: 007-13F-012

LEGAL DESCRIPTION: THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 23, TOWNSHIP 38 NORTH, RANGE 58 EAST, M.D.B. & M.

STATE: NV

COUNTY: Elko

GENERAL LOCATION: 30 Miles from Elko, NV

DRIVING DIRECTIONS: From Elko, NV travel East on Interstate-80 for 24 miles to exit 328 towards River Ranch. Turn Left on River Ranch and travel Northwest under the highway and then follow River Ranch Southwest and then again to the Northwest for a total of .32 of a mile to the intersection with Merganser Avenue. Turn Right on Merganser Avenue and travel Northeast for .57 of a mile to a fork in the road. Bear Left at this road and travel North for 3.5 miles to a fork in the road. Bear Left at this fork and continue generally North for 1.78 miles to another fork in the road. Turn Right and travel Northeast for .53 of a mile to the intersection with a North-South running road. Continue generally Northeast (through the intersection) for 1.12 miles to where the road joins a better road entering from the East. Travel North from this point for .24 of a mile to another fork in the road. Bear Left at this fork and continue Northwest for 1.98 mile to the intersection with a Southwest-Northeast running road. Continue generally North for .6 of a mile to the intersection with a due North-South running road. Continue going straight, not turning right but still heading north for .41 miles. At this point the road will travel slightly northwest through a hilly area. Continue on this road for .3 miles to the southeast corner of the property. Roads leading to the property may not be completed and road signs may not be present. We are unable to note clear driving directions as we have not visited the property. Please see the “Special Note” below and check the detailed maps at the end of the posting for details.

SPECIAL NOTE:These directions are being provided to you as an aid in helping you find the general area in which the property is located, not the exact location of the lot. The directions have been derived from several sources of information that have not involved a site visit but rather map and internet sources from an office. Other aids such as a GPS unit, plat, area or B.L.M maps may be required to find this property. If you are planning a site visit, Click Here.

CONVEYANCE DOCUMENT: Special Warranty Deed.

GENERAL ELEVATION: 5700 feet

Information about our company and closing instructions: Please read this prior to making your bid.

ZONING: Rural-Residential (See County for details)

POWER: N/A

PHONE: N/A

WATER: N/A (well or alternative system)

SEWER: N/A (septic or alternative system)

ROADS: Dirt

PROPERTY TAX: Approximately $12.00/year. All property taxes are current.

ASSOCIATION DUES: n/a

COUNTY RECORDING FEE: $15.00 - paid by purchaser, plus the documentary transfer tax fee calculated from the sales price.

TIME LIMIT TO BUILD: N/A

TYPE OF TERRAIN: Flat to rolling with beautiful views

PROPERTY PLAT MAP: Yes, see below.

TOPOGRAPHICAL MAPS: Yes, see below.

AREA PHOTOS: Yes; see below.

INTERNAL CODE: 007-13F-012

To view photographs, please click on the links below.

Plat map

Area map

3D Topographical Map

2D Topographical Map

State Map

Street Map 

We took these pictures, and all of the pictures in this posting, in the area of the property

Several photos near the property 

Please note that we purchased this property specifically for resale. Nearly all of the information we know about the property is in the posting. We have not conducted a site visit. All of the research we completed regarding this property was conducted in our offices in Scottsdale, Arizona and the offices of our contracted agents.

Important Note: Our company will not offer "Second Chance Offers". Please review the information at this link for details.

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