Listed by Avison Young - Reno
$12,500,000
10.77 AC Vacant Land Near UNR
Details
APN 004-202-65, 004-202-66, 004-202-67, 004-161-12, 004-161-13, 04-161-14, 04-161-15, 008-011-01, 008-011-02, 008-011-03, 008-011-04 & 004-161-30
Property Type Land
Sub Type Commercial
Acreage 10.770
Zoning MF30 & MU
10.77 acres | Reno, NV
Marketing description
This Wells Avenue project is one of the few remaining infill sites inside the McCarran Avenue ring. Consisting of 10.77 acres of a combination of MF30 and MU zoning, the location is ideal for multifamily housing. The tenant occupied area has a ground lease to an environmental recycle company with approximately 5 years remaining, which could allow for a developer to complete a project in two phases while receiving triple net rents on a portion of the site.
Investment highlights
Listing Contacts
Listed by Avison Young - Reno
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
