For Sale
$18,500,000
434 Highland Ave Reno, NV 89512
Prime UNR location, shovel-ready project
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- Excellent location immediately southeast of the University of Nevada, Reno (UNR).
- Permit-ready project, fully entitled for construction.
- Strong demand driven by projected UNR enrollment growth to 23,000 students by 2025 and 25,000 by 2030.
- High value-add opportunity due to proximity to UNR and existing building permits for a 268-unit, 945-bed student housing development.
- Consolidated assemblage of 11 parcels.
- Rare opportunity due to recent zoning changes limiting future high-density student housing development near UNR.
Property Details for 434 Highland Ave
- Property type
- Land
- Lot Size (sq. ft)
- 157,644 SF
Location Insight
- City
- Reno
- County
- Washoe
- State
- Nevada
- Latitude
- 39.54007917552
- Longitude
- -119.80970760147
Nearby Similar for Sale
FAQs
- What type of property is this?
- Land - Prime UNR location, shovel-ready project
- Where is the land located?
- The property is located at 434 Highland Ave Reno, NV.
- What is the asking price?
- The asking price for this property is $18,500,000.
- What are key features of this property?
- This property features: Excellent location immediately southeast of the University of Nevada, Reno (UNR).; Permit-ready project, fully entitled for construction.; Strong demand driven by projected UNR enrollment growth to 23,000 students by 2025 and 25,000 by 2030.
- How can I contact the broker?
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