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511 Lake St

0.32 Acres of Commercial Land Offered at $950,000 in Reno, NV 89501

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Investment Highlights

Great Zoning
Near University of Nevada Reno

Reno Downtown Location

Executive Summary

This .32 Acre lot in downtown Reno in the path of UNR expansion offers one of the most flexible zonings (mu-ed) allowing for maximum density with a wide variety of allowed uses. Sale is for 2 lots, APNSs(007-501-04 & 05).

Property Facts

Price	$950,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Mixed Use
Sale Conditions	Redevelopment Project	Total Lot Size	0.32 AC
No. Lots	1	Cross Streets	5th and Lake Street
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	$950,000
Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use
Total Lot Size	0.32 AC
Cross Streets	5th and Lake Street
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 007-501-04

Price	$950,000	Lot Size	0.32 AC
Price Per AC	$2,968,750

Price	$950,000
Price Per AC	$2,968,750
Lot Size	0.32 AC

This.32 Acre lot in downtown Reno in the path of UNR expansion offers one of the most flexible zonings (mu-ed) allowing for maximum density with a wide variety of allowed uses. Sale is for 2 lots, APNSs(007-501-04 & 05)

Description

Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maximum density and a wide variety of allowed uses. Sale is for 2 lots, APN (007-501-04 & 007-501-05). Status of all utilities at site or available is unclear.

1 of 1

Walk Score ®

Walker's Paradise (94)

Bike Score ®

Very Bikeable (84)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 007-501-05 007-501-04	Improvements Assessment	$0
Land Assessment	$104,598	Total Assessment	$104,598

PROPERTY TAXES

Parcel Numbers

Multiple

007-501-05
007-501-04

Land Assessment

$104,598

Improvements Assessment

Total Assessment

$104,598

zoning

Zoning Code	MD-ED (Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maxi)
MD-ED (Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maxi)