Project Bismark
±8.1-Acre Development Opportunity in Reno, NV
Marketing description
±8.1-acre development site in Reno, NV with tentative map recorded: Located within a thriving area of the city, this offering provides a rare opportunity to acquire a development site for a community ideal for Build-To-Rent or Build-To-Sell strategy in one of Nevada’s most dynamic markets, supported by favorable demographic trends and a business-friendly climate.
Major Tax Benefits: Reno, NV, offers a highly favorable tax environment with no state income tax, making it an attractive destination for both individuals and businesses. This pro-growth climate supports in-migration, corporate relocation, and improved capital efficiency for residents and employers alike.
Proximity to Major Employment Nodes: Reno, NV, is experiencing rapid economic growth, fueled by expansion in the technology and healthcare sectors. Ranked among the top start-up cities in the United States, Reno is home to major employers such as Tesla and Google, which have established significant regional operations. The healthcare industry is also expanding to meet the rising demand, further strengthening the local job market and supporting long-term housing needs.
Surrounded by Excellent Lifestyle Amenities: The subject location offers residents easy access to a wide array of retail, recreation, and dining options within a short drive. Meadowood Mall – Reno’s largest enclosed shopping center – is located just 6 miles from downtown and features over 100 retailers, including national anchors such as Macy's, JCPenney, and Dick's Sporting Goods. Residents also benefit from proximity to major big-box stores like Costco, Walmart, and Sam's Club, along with a variety of restaurants and neighborhood services. Nearby golf courses and regional parks further enhance the area’s appeal for active lifestyles.
Public amenities for the benefit of the community: Reno features an abundance of public parks, walking trails, golf courses, and other outdoor activities, promoting a vibrant and active lifestyle for residents.
Investment highlights
Roofstock, as exclusive advisor, is pleased to present for sale Project Bismark (the “Project”, the “Site”), a residential development opportunity located in the rapidly growing North Valleys submarket of Reno, Nevada.
This ±8-acre site has a tentative map recorded for the development of 74 single-family homes, offering a compelling opportunity to deliver much-needed housing in a supply-constrained, high-demand region.
Ideally positioned within the Reno-Sparks MSA, the Site benefits from proximity to major employment centers, including the Tahoe-Reno Industrial Center (home to Tesla, Panasonic, and Switch), Reno-Tahoe International Airport, and downtown Reno.
Residents will enjoy convenient access to U.S. Route 395 and nearby retail while also benefiting from the area’s strong population growth and economic diversification.
The Project is strategically located to serve the growing demand from workforce families seeking attainably priced new construction housing. This offering provides a shovel-ready opportunity for builders or investors to capitalize on favorable regional fundamentals, including steady in-migration, constrained housing supply, and strong long-term appreciation potential.
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