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1096 Cobre St 3.14 Acres of Commercial Land Offered at $2,250,000 in Wells, NV 89835
Executive Summary
This fully entitled, ±3.14-acre development site at 1096 Cobre Street, Wells, NV 89835 presents the opportunity to develop a 4-story, 103-key dual-brand hotel consisting of 73 La Quinta Inn & Suites and 30 Hawthorn Extended Stay keys under a secured Wyndham franchise agreement. Final stamped permit drawings have been released. Situated at the signalized hard-corner of US Highway 93 and Cobre Street with direct I-80 interchange visibility, the Property offers exceptional access along one of northern Nevada's most traveled highway corridors. At the junction of I-80 and US Highway 93, where one of the nation's primary east-west interstates meets the highway connecting Canada to Phoenix, the site benefits from approximately ±9,950 vehicles passing daily.
The proposed hotel will be the first dual-brand and extended-stay product ever delivered in the Wells market, with no directly competing product in the pipeline. The La Quinta Inn & Suites will serve transient and business travelers while the Hawthorn Extended Stay will offer suite configurations with full kitchens across 30 keys, together capturing both the short-term and long-term lodging demand driven by the region's mining, railroad, distribution, and highway traveler base.
Property Highlights:
One (1) parcel (APN): 002830009
Land size: ±3.14 acres | ±136,778 Square Feet | Proposed building: ±55,879 SF
Zoning: TC – Tourist Commercial
The Property is entitled for a 4-story, 103-key dual-brand hotel consisting of 73 La Quinta Inn & Suites and 30 Hawthorn Extended Stay keys
Wyndham Franchise Agreement executed with brand validation and corporate backing secured
Final stamped permit drawings released
106 total parking spaces including 7 ADA and 4 EV charging stations
Prime signalized hard-corner at US Highway 93 and Cobre Street with direct I-80 interchange visibility
Located at the junction of I-80 (±8,200 CPD) and US Highway 93 (±1,750 CPD)
LINK TO NDA: https://logiccre.com/1031_properties/1096-cobre-st-wells-nv-89835/
Property Facts
| Price | $2,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hotel |
| No. Lots | 1 | Total Lot Size | 3.14 AC |
| Property Type | Land | ||
| Zoning | TC - Tourist Commercial | ||
| Price | $2,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hotel |
| Total Lot Size | 3.14 AC |
| Zoning | TC - Tourist Commercial |
1 Lot Available
Lot
| Price | $2,250,000 | Lot Size | 3.14 AC |
| Price Per AC | $716,560.51 |
| Price | $2,250,000 |
| Price Per AC | $716,560.51 |
| Lot Size | 3.14 AC |
Fully entitled ±3.14-AC site for 103-key La Quinta/Hawthorn dual-brand hotel at I-80 & US-93. Wyndham franchise secured, stamped permit drawings released. First dual-brand/extended-stay product in Wells, NV.
Description
LINK TO NDA: https://logiccre.com/1031_properties/1096-cobre-st-wells-nv-89835/ This fully entitled, ±3.14-acre development site at 1096 Cobre Street, Wells, NV 89835 presents the opportunity to develop a 4-story, 103-key dual-brand hotel consisting of 73 La Quinta Inn & Suites and 30 Hawthorn Extended Stay keys under a secured Wyndham franchise agreement. Final stamped permit drawings have been released. Situated at the signalized hard-corner of US Highway 93 and Cobre Street with direct I-80 interchange visibility, the Property offers exceptional access along one of northern Nevada's most traveled highway corridors. At the junction of I-80 and US Highway 93, where one of the nation's primary east-west interstates meets the highway connecting Canada to Phoenix, the site benefits from approximately ±9,950 vehicles passing daily. The proposed hotel will be the first dual-brand and extended-stay product ever delivered in the Wells market, with no directly competing product in the pipeline. The La Quinta Inn & Suites will serve transient and business travelers while the Hawthorn Extended Stay will offer suite configurations with full kitchens across 30 keys, together capturing both the short-term and long-term lodging demand driven by the region's mining, railroad, distribution, and highway traveler base. Property Highlights: One (1) parcel (APN): 002830009 Land size: ±3.14 acres | ±136,778 Square Feet | Proposed building: ±55,879 SF Zoning: TC – Tourist Commercial The Property is entitled for a 4-story, 103-key dual-brand hotel consisting of 73 La Quinta Inn & Suites and 30 Hawthorn Extended Stay keys Wyndham Franchise Agreement executed with brand validation and corporate backing secured Final stamped permit drawings released 106 total parking spaces including 7 ADA and 4 EV charging stations Prime signalized hard-corner at US Highway 93 and Cobre Street with direct I-80 interchange visibility Located at the junction of I-80 (±8,200 CPD) and US Highway 93 (±1,750 CPD) LINK TO NDA: https://logiccre.com/1031_properties/1096-cobre-st-wells-nv-89835/
Property Taxes
| Parcel Number | 002-830-002 | Improvements Assessment | $0 |
| Land Assessment | $31,676 | Total Assessment | $31,676 |
Property Taxes
Contacts
-
Cathy Jones -
Michael Keating, SIOR -
Mike Dorn -
Kimberly Boyle -
Paul Miachika -
Blaze Katz -
Allyson Weber -
Logic Commercial Real Estate
Presented by
1096 Cobre St
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