With a total land area of over 17,000 square miles, Elko County in rural northeastern Nevada offers countless outdoor adventure opportunities. However, selling land in this remote region can be a challenge for sellers due to the lack of infrastructure and seasonal access issues. Fortunately, there are ways to find cash buyers for land in Elko County, NV and accelerate the sales process.
First, be sure to accurately align the property with market expectations. This will motivate buyer interest and generate multiple offers. Overpriced properties tend to linger on the market for months, whereas correctly priced land sells quickly and at competitive prices.
Also, if possible, consider splitting large acreage parcels into smaller tracts that appeal to the majority of retail buyers. This will significantly broaden the pool of potential buyers, making it easier to find a win-win deal with a qualified buyer.
Finally, consider a range of amenities that will help boost property value. These may include the availability of electricity, water, and gas, as well as the distance to nearby highways and services. A few miles of good road access can make a huge difference in the saleability of a remote property, so be sure to highlight these features in marketing materials.
The city of Elko serves as the primary urban hub and county seat of Elko County with a population of around 20,000 residents. The surrounding area is sparsely populated, with most towns having fewer than 10,000 people. Most real estate is in and around the city, where demand is steady for housing catering to the local mining workforce.
Other than the city of Elko, most land in Elko County is undeveloped. The Adobe Range in west Elko County, for example, is characterized by high peaks and ridges, alpine forests, open meadows, and limited dirt road access. Parcels here sell infrequently, as the extreme elevations, isolation from towns, and lack of utilities discourage buyers who aren’t fully self-sufficient.
The vast majority of land in the rest of the county is in the O’Neil Basin, a vast desert basin with scattered ranches and undeveloped plots of land. These vacant lands are cheap to purchase, but development costs are sky-high and exclude all but the most self-sufficient and resourceful buyers. Sellers need to budget a substantial sum for surveying, grading, trenching, and installing wells and septic systems that may extend for miles in each direction. The result is that most undeveloped land lingers on the market for years unless sold to highly motivated DIY owner-builders. If you’re ready to sell your property in Elko County, contact a knowledgeable real estate agent for advice. They can advise you on what upgrades are necessary to get the best price and help you find the right buyer. They can also help you streamline the sales process and ensure a fast and seamless closing.