Reno-Sparks, NV - Land Portfolio
Land | 452.52 acres
Marketing description
A rare opportunity to acquire a contiguous ±452.52-acre land portfolio located just northeast of Reno, Nevada, near the natural landmark of Pyramid Lake. Offered as a single package, this assemblage comprises 9 adjacent parcels zoned WCTY – General Rural Agricultural, providing flexibility for a wide range of residential, agricultural, recreational, or future development uses. The property includes a 2,033 SF single-family residence (built in 2004) situated on a 40.84-acre parcel, along with a 5,000 SF steel-framed detached shop—ideal for storage, operations, or support infrastructure. With direct access via Range Land Road & Peak Road, and proximity to regional growth corridors including Spanish Springs and Pyramid Highway (SR 445), the asset is uniquely positioned for both immediate utility and long-term appreciation.
Situated in the path of Washoe County’s outward residential and industrial expansion, the site benefits from spillover growth from the Reno-Sparks MSA, where ongoing population gains, infrastructure investment, and constrained infill land supply continue to drive demand. The expansive acreage and favorable zoning offer investors substantial optionality—from long-term land banking and entitlement strategies to potential subdivision or disposition to homebuilders as the region matures. Located in a tax-advantaged, pro-business state, this portfolio supports favorable carry economics and flexible investment horizons. This is an exceptional opportunity for land investors, developers, or those seeking a strategic land bank in Northern Nevada.
Investment highlights
Long-Term Land Bank in Strategic Northern Nevada Location
±452.52 acres across 9 adjacent parcels—a scarce, contiguous land assemblage in Northern Nevada
Located off Range Land Road & Peak Road, offering direct vehicular access and a balance of scale and usability
Ideal for investors seeking generational value preservation and future upside through entitlement or sale to homebuilders as the region matures
Reno-Tahoe Growth Spillover
Located along Washoe County’s primary residential and industrial growth corridor northeast of Reno
Benefits from sustained demand and constrained land supply within the Reno-Sparks MSA
Positioned to capture spillover from rapid development in Spanish Springs and infrastructure investment along Pyramid Highway (SR 445)
Built-In Value with Existing Improvements
Includes a 2,033 SF single-family home (built 2004) and a 5,000 SF steel-framed detached shop, supporting immediate use or generating interim rental income
Favorable Zoning & Development Flexibility
Zoned WCTY – General Rural Agricultural, permitting a broad range of uses: residential, equestrian, farming, ranching, eco-tourism, or off-grid concepts
Offers significant long-term optionality for developers or land investors to entitle or subdivide
High Appeal for Recreation & Lifestyle Uses
Minutes from Pyramid Lake, a major outdoor recreation destination
Attractive for private estates, recreational ranches, or future development with lifestyle positioning
Pro-Business, Tax-Friendly State
Located in Nevada—offering no state income tax, low property taxes, and a development-friendly regulatory climate
Supports long-term hold strategies with favorable carry economics and minimal tax drag
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