For Sale
$695,000

Moraine Way Reno, NV 89503

Prime Reno location, General Commercial zoning, development-ready.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 1.89-acre commercial land parcel, located at 0 Moraine Way in Reno, Nevada (APN 003-130-33), presents a unique investment opportunity. Zoned General Commercial (GC), this property offers stunning views of Downtown Reno and enjoys a highly desirable location near the University of Nevada, Reno. The asking price is $695,000. Complete conceptual plans for a 20-unit student housing development are available, providing a clear path for immediate development. A Special Use Permit has previously been approved, streamlining the permitting process. This infill development site is ready for an entrepreneur to build upon the existing plans or create their own vision. The property's 1.89 acres provide ample space for a variety of commercial uses, making it an attractive proposition for developers and investors seeking a prime location in a thriving Nevada market. The convenient proximity to UNR ensures high demand and potential for strong rental income. This is a rare opportunity to acquire a well-situated, development-ready commercial land parcel in Reno, Nevada. Don't miss out on this chance to capitalize on the growing Reno market.

Highlights

  • Proximity to University of Nevada, Reno (UNR).
  • Approved plans for a 20-unit student housing development.
  • Existing Special Use Permit in place.

Property Details for 0 Moraine Way

Property type
Land
Lot Size (sq. ft)
82,328 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.556592923944
Longitude
-119.82834868998

FAQs

What type of property is this?
Land - Prime Reno location, General Commercial zoning, development-ready.
Where is the land located?
The property is located at Moraine Way Reno, NV.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Proximity to University of Nevada, Reno (UNR).; Approved plans for a 20-unit student housing development.; Existing Special Use Permit in place.
How can I contact the broker?
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0 Moraine Way
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