0 Moraine - The Grove - Multifamily Development Site
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0 Moraine - The Grove - Multifamily Development Site
14.92 Acres of Commercial Land Offered at $2,880,000 in Reno, NV 89503
Investment Highlights
- Previously approved for 192 units
- Close to the University of Nevada Reno and Truckee Meadows Community College
- Perfect for market rate, student, or affordable housing
- Geotech and environmental reports available
Executive Summary
The project formerly known as The Grove consists of two lots totaling 14.921 acres located in north Reno just north of the University of Nevada Reno and it is also near Truckee Meadows Community College. This location offers a developer opportunity to build apartments near both campuses. The site was previously approved for 192 multifamily units. This could be developed for a variety of housing options (student, market, affordable). Buyer to verify all information.
Property Facts
| Price | $2,880,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 14.92 AC |
| Property Type | Land | Cross Streets | N. Virginia and McCarran Blvd |
| Price | $2,880,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 14.92 AC |
| Cross Streets | N. Virginia and McCarran Blvd |
1 Lot Available
Lot
| Price | $2,880,000 | Lot Size | 14.92 AC |
| Price Per AC | $193,029 |
| Price | $2,880,000 |
| Price Per AC | $193,029 |
| Lot Size | 14.92 AC |
The property consists of 2 parcels totaling 14.92 acres. .
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $528,997 | Total Assessment | $528,997 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$528,997
Improvements Assessment
$0
Total Assessment
$528,997
zoning
| Zoning Code | GC |
| GC |
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0 Moraine - The Grove - Multifamily Development Site
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