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18500 S Reno Park Blvd - N. Virginia St. US Hwy 395 Frontage

20.19 Acres of Commercial Land Offered at $2,300,000 in Reno, NV 89508

Investment Highlights

  • Strong commercial/industrial development parcel
  • Mountain, Valley, and Lake views
  • All utilities on-site
  • Freeway visibility with frontage access
  • Rapidly growing community

Executive Summary

PRICE REDUCED! Cold Springs Commercial Development Land presents an incredible opportunity for investors and developers seeking a prime location in Reno, NV. Spanning 20.189 acres, this property boasts breathtaking 360-degree views of the mountains and White Lake, offering a serene and picturesque setting. Strategically located in the growing community of Cold Springs, this development land benefits from high visibility and easy access, with 785 feet of frontage on U.S. Hwy 395 N and 1,171 feet of frontage on S. Reno Park Blvd. All utilities are onsite. 1.75 AC FT of water rights included. he mixed-use zoning designations, including NC (64%), GR (35%), and PSP (1%), allow several uses for this property. Whether you envision a high-tech industrial or custom manufacturing facility, a professional office building, a neighborhood retail center, a self-storage facility, a hotel, or a combination of commercial/industrial uses, this versatile land can accommodate your vision. The property lies in close proximity to the Panattoni 140 AC MAX industrial project and the Lifestyle Homes Master Planned Community. With over 10,000 residential units in the surrounding area, this property benefits from a growing population and a strong demand for commercial amenities. A new Grade School and a new Middle School are now operational with a planned High School to break ground. Seize the opportunity to be part of Reno's thriving commercial market with 18500 S Reno Park Blvd, Reno, NV 89508. Contact us today to learn more about this amazing development opportunity.

Property Facts

Price $2,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
Total Lot Size 20.19 AC

1 Lot Available

Lot

Price $2,300,000
Price Per AC $113,917.78
Lot Size 20.19 AC

Conveniently located just off of I-395/I-580, this high visibility industrial or commercial development parcel is in Reno Cold Springs' growth path! The 20.189 AC prime development parcel has panoramic views of the valley and surrounding mountains.

Description

Highlights include proximity to the Panattoni 140 AC industrial development and the Lifestyle Homes Master Planned Community. With over 10,000 residential units in the surrounding area, this property benefits from a growing population and a strong demand for commercial amenities. A new Grade School and a new Middle School are now operational with a planned High School to break ground. Seize the opportunity to be part of Reno's thriving commercial market with 18500 S Reno Park Blvd, Reno, NV 89508. Contact us today to learn more about this amazing investment opportunity. Mixed Use conceptual video available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
081-210-01
Land Assessment
$134,874
Improvements Assessment
$32,477
Total Assessment
$167,350

zoning

Zoning Code NC(64%)/GR(35%)/PSP(1%) (A variety of commercial and industrial uses are allowed.)
NC(64%)/GR(35%)/PSP(1%) (A variety of commercial and industrial uses are allowed.)
  • Listing ID: 27988008

  • Date on Market: 3/15/2023

  • Last Updated:

  • Address: 18500 S Reno Park Blvd, Reno, NV 89508

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