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Airport Rd - The Oaks Multifamily Development Site

14.61 Acres of Residential Land Offered at $7,500,000 in Carson City, NV 89701

Investment Highlights

  • 14.61 acres close to Highway 50
  • Very popular submarket in Carson City, NV
  • Multifamily land for 312 proposed units
  • Less than 45 minutes to South Lake Tahoe, Reno, NV, and Tahoe Reno Industrial Center

Executive Summary

The 14.610 acre site located in Carson City, NV will be the future The Oaks Apartments. The site is in the federally designated opportunity zone and part of the Lompa Ranch Specific Plan. Lompa Ranch offers luxury living and lifestyle in central Carson City with plans to capture higher-end home prices and higher-end rental rates. This excellent location offers a short commute for residents that work at the Tahoe Reno Industrial Center, work or play in beautiful Lake Tahoe and residents that need access to the many services available in Reno, NV. The preliminary plans include 13 eight-unit buildings, 13 sixteen unit buildings, a community center, and a fitness center. These will be constructed on eight gross acres within a planned community that offers master-planned parks, as well as walking and bike paths. Carson City has seen heavy demand for housing. The absorption for new construction projects in the region has been very strong.

Property Facts

Price $7,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 14.61 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $7,500,000
Price Per AC $513,347
Lot Size 14.61 AC

Level lot zoned multifamily.

Bike Score ®
Very Bikeable (72)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-041-83
Land Assessment
$1,392,151
Improvements Assessment
$0
Total Assessment
$1,392,151

zoning

Zoning Code MFA (Multifamily)
MFA (Multifamily)
  • Listing ID: 34379641

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: Airport Rd, Carson City, NV 89701

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