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0 Virginia - North Virginia

81.85 Acres of Commercial Land in Reno, NV 89506

Investment Highlights

  • 81.85 ACRES of Industrial/Residential Land
  • Seller would be willing to look at terms with respect to selling all or part of the property.
  • Desirable topography and is one of the last large parcels for sale, in the Reno/Sparks industrial markets.

Executive Summary

The Seller is currently doing a pre-op investigation (Discovery) with respect to the developer being able re-zone the property to Industrial Commercial (IC). The Seller is currently doing extensive work to re-zone the property to 1/2 acre residential lots, believed to be approximately 145 total lots; including Phase 1, Geotech, Hydrology and utilities studies.

Property Facts Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Single Family Development
  • Warehouse
Total Lot Size 81.85 AC

1 Lot Available

Lot

Lot Size 81.85 AC

THE PROPERTY has desirable topography and is one of the last large parcels for sale in the Reno/Sparks industrial or residential markets.

Description

MARKET is the North Valleys submarket and home to national distributors, E-commerce and large warehouse users such as Amazon, Petco, Chewy, Sherwin Williams, Clorox and Urban Outfitters (just to name a few). The area boasts a plentiful workforce, nearby amenities, and is located on the bus route and minutes from US-395, making it an excellent location for a western operations Industrial complex. The site may offer potential rail, which runs adjacent to the northern perimeter. direct access to US-395 and I-80 and just 6 miles from the California state line, providing direct access to Sacramento and San Francisco to the west and Salt Lake City to the east. The site is located less than 10 minutes from the Stead Airport and just 15 minutes from the Reno Tahoe International Airport..

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 082-180-77
  • 082-180-78
Land Assessment
$229,180
Improvements Assessment
$0
Total Assessment
$229,180

zoning

Zoning Code LLR1/LLR1 78%/UT 40 22% (Large Lot Residential 1 acre, Unincorporated Transition 40 acres.)
LLR1/LLR1 78%/UT 40 22% (Large Lot Residential 1 acre, Unincorporated Transition 40 acres.)
  • Listing ID: 29089261

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 0 Virginia, Reno, NV 89506

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