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US Hwy 395 & Lemmon Dr
Reno, NV 89506

Lemmon Dr. Mixed Use Site · Land For Sale · 18.89 AC

Investment Highlights

  • The property has prominent freeway visibility and access.

Executive Summary

The property has prominent freeway visibility and access. It is located directly on the on/off ramps of the 395 Highway interchange adjacent to shopping centers that include anchor tenants Walmart, Smiths, Grocery Outlet, Big Lots, CVS Pharmacy, and True Value Hardware. These act as huge traffic generators for the neighboring area and the population entering from the California border. A number of national chain tenants saturate the area including McDonalds, Starbucks, Jack in the Box, Qdoba, Pizza Hut, Papa Murphy's, Dickey's Barbeque Pit, Port of Subs, Bank of America, Wells Fargo, AT&T, UPS, Sally Beauty Supply, Allstate Insurance, H&R Block, and many more. These national names have created a trend in the area that have put North Valleys on the map--and is only expected to continue to grow in the next several years.
North Valleys is home to multiple Fortune 500 companies which employ thousands of workers in the region. An estimated 20,536 homes are currently under construction as depicted on the map index. A total of 748 single family residences have been sold from June 2017 to June 2018. The housing vacancy continues to decline as people continue to move into the area.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 18.89 AC

1 Lot Available

Lot

Lot Size 18.89 AC

The property has prominent freeway visibility and access. It is located directly on the on/off ramps of the 395 Highway interchange adjacent to shopping centers that include anchor tenants and retailers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 570-282-02
  • 570-282-04
  • 570-282-01
  • 570-282-03
  • 570-282-05
  • 570-282-06
Land Assessment
$716,862
Improvements Assessment
$2,422
Total Assessment
$719,283

zoning

Zoning Code MUNV
MUNV
  • Listing ID: 34227075

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: US Hwy 395 & Lemmon Dr, Reno, NV 89506

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