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1151 Valley Rd - MULTI FAMILY OR STUDENT HOUSING DEVELOPMENT

0.21 Acres of Commercial Land Offered at $729,920 in Reno, NV 89512

Commercial Land Nevada Reno 1151 Valley Rd, Reno, NV 89512

Investment Highlights

  • The projected land market price is $80.00 per square foot
  • Corner Lot
  • Zoning of MF30 per Assessor
  • Major Artery access to the desired area
  • Residetial building and free-standing garage exist on site

Executive Summary

Johnson Group is pleased to offer the opportunity to purchase land for the development of student housing at to the University of Nevada. The enrollment of at the University is expected to reach 23,000 students by 2025, and 25,000 students by 2030

Attachments

Brochure__L_1151 VALLEY

Property Facts

Price $729,920 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
No. Lots 1 Total Lot Size 0.21 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $729,920
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 0.21 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $729,920 Lot Size 0.21 AC
Price Per AC $3,484,804
Price $729,920
Price Per AC $3,484,804
Lot Size 0.21 AC

Description

Johnson Group is pleased to offer the opportunity to purchase land for the development of student housing at to the University of Nevada. The enrollment of at the University is expected to reach 23,000 students by 2025, and 25,000 students by 2030.

Links

1 of 1
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
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zoning

Zoning Code MF30
MF30
(775) 823-8877 x1

  • Listing ID: 29962491

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: 1151 Valley Rd, Reno, NV 89512

More public record information on 1151 Valley Rd, Reno, NV 89512

The Land Property at 1151 Valley Rd, Reno, NV 89512 is currently available For Sale. Contact Johnson Group Commercial for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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1151 Valley Rd - MULTI FAMILY OR STUDENT HOUSING DEVELOPMENT
(775) 823-8877 x 1

1151 Valley Rd - MULTI FAMILY OR STUDENT HOUSING DEVELOPMENT

1/2

Richard Johnson

(775) 823-8877

x1

(775) 823-8877 x1

Ryan Johnson

(775) 232-8551

(775) 232-8551

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