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0 Rhodes - The Sage Ridge Estates

81.09 Acres of Commercial Land Offered at $6,750,000 in Carson City, NV 89703

Investment Highlights

  • +/- 81 Acres
  • 133 Single Family Lots
  • Fully Designed / engineered plans
  • +/- 2 Miles to US-395 / I-580

Executive Summary

NAI Alliance is proud to present for sale The Sage Ridge Estates. The Sage Ridge Estates are located in the foothills of West Carson City off of Betts St. The total assemblage sits on just over +/-81 AC and is made up of 133 single family lots which many of those will have incredible city views. Of the 133 single family lots, the standard lot size is +/-4,500 SF with a minimum size of +/-4,500 SF and a maximum of +/-6,000 SF. Carson City is the state capital and also has seen significant growth from such companies as Redwood Materials and many more. The subject property is approximately 50 minutes to Tahoe Reno Industrial Center, 30 minutes to South Lake Tahoe, and 30 minutes to Reno, NV.
The Northern Nevada Regional Housing Authority estimates that the area will need to add around 20,000 new housing units by 2025 to meet the demand generated by job growth and population growth. This estimate takes into account the needs of both renters and homeowners, and includes both existing homes and new construction. Overall, the land market in Carbon City offers developers an opportunity to tap into a growing demand for housing in the region. With limited supply and high demand, the market presents a competitive landscape for developers looking to acquire and develop Build-to-Rent land.

Property Facts

Price $6,750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Planned Unit Development
  • Single Family Development
  • Single Family Residence
Total Lot Size 81.09 AC

1 Lot Available

Lot

Price $6,750,000
Price Per AC $83,241
Lot Size 81.09 AC

Description

LOGIC Commercial Real Estate is proud to present for sale The Sage Ridge Estates. The Sage Ridge Estates are located in the foothills of West Carson City off of Betts St. The total assemblage sits on just over +/-81 AC and is made up of 133 single family lots which many of those will have incredible city views. Of the 133 single family lots, the standard lot size is +/-4,500 SF with a minimum size of +/-4,500 SF and a maximum of +/-6,000 SF. Carson City is the state capital and also has seen significant growth from such companies as Redwood Materials and many more. The subject property is approximately 50 minutes to Tahoe Reno Industrial Center, 30 minutes to South Lake Tahoe, and 30 minutes to Reno, NV. The Northern Nevada Regional Housing Authority estimates that the area will need to add around 20,000 new housing units by 2025 to meet the demand generated by job growth and population growth. This estimate takes into account the needs of both renters and homeowners, and includes both existing homes and new construction. Overall, the land market in Carbon City offers developers an opportunity to tap into a growing demand for housing in the region. With limited supply and high demand, the market presents a competitive landscape for developers looking to acquire and develop Build-to-Rent land.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 009-031-05
  • 009-031-07
  • 009-031-29
  • 009-031-08
Land Assessment
$236,822
Improvements Assessment
$0
Total Assessment
$236,822

zoning

Zoning Code CR, SF12
CR, SF12
  • Listing ID: 28969591

  • Date on Market: 7/11/2023

  • Last Updated:

  • Address: 0 Rhodes, Carson City, NV 89703

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