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1330 Gieger Grade Rd
45 Acres of Commercial Land Offered at $39,500,000 in Reno, NV 89521
Investment Highlights
- ±45 Net Acres of fully entitled multi-family/ mixed use land.
- Utilities to the edge of site.
- There are 1,105 Units Possible.
- The property is adjacent to Summit Sierra Outdoor Lifestyle Center.
Executive Summary
Property Facts
Price | $39,500,000 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Multifamily |
No. Lots | 1 | Total Lot Size | 45.00 AC |
Property Type | Land |
Price | $39,500,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Multifamily |
Total Lot Size | 45.00 AC |
1 Lot Available
Lot
Price | $39,500,000 | Lot Size | 45.00 AC |
Price Per AC | $877,778 |
Price | $39,500,000 |
Price Per AC | $877,778 |
Lot Size | 45.00 AC |
Fully entitled multi-family / mixed use land. Utilities to edge of site. Site at the Terminus of New Southeast Connector. Adjacent to Summit Sierra Outdoor Lifestyle Center. Access to I-580, Steamboat Creek and Regional Shopping.
Description
Reno has a population of over 470,000 with an employment base of over 265,000 people. The Economic Development Authority of Northern Nevada (EDAWN) projects over 50,000 new jobs will be added to the region in the next 5 years.
PROPERTY TAXES
Parcel Number | 017-011-26 | Improvements Assessment | $16,493,986 |
Land Assessment | $2,898,000 | Total Assessment | $19,391,986 |
PROPERTY TAXES
zoning
Zoning Code | MU |
MU |
Presented by
1330 Gieger Grade Rd
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