529 Stewart StReno, NV 89502

For Sale
$800,000
0.4-acre lot, GC/MF14 zoning, $800,000

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 0.408-acre land parcel, located at 529 Stewart Street in Reno, Nevada (APN 013-021-51), presents a unique development opportunity. Zoned GC/MF14, this property allows for significant residential construction. The asking price is $800,000. A significant portion of the upfront work for a 19-unit ground-up new construction project has already been completed, significantly reducing development time and costs for the buyer. This makes it an ideal acquisition for experienced developers or investors seeking a streamlined project. For buyers lacking development experience, the seller is open to collaborating as the developer. To further illustrate the potential of this project, the seller has a nearly identical completed building downtown on Pine Street, providing a tangible example of the proposed design and quality. Detailed bids, plans, and pro forma financial projections are available upon request. This prime Reno location, within Washoe County and zip code 89502, offers excellent access to amenities and a strong rental market. Don't miss this chance to acquire a ready-to-develop residential land parcel in a thriving Nevada city.

Highlights

  • 0.408-acre land parcel at 529 Stewart Street, Reno, NV (APN 013-021-51), priced at $800,000.
  • GC/MF14 zoning allows for substantial residential development.
  • Significant pre-development work completed for a 19-unit project, minimizing development time and costs.
  • Seller open to collaboration with buyers lacking development experience.
  • Comparable completed project downtown provides a tangible example of the proposed design and quality.
  • Prime Reno location in Washoe County (zip code 89502) with strong rental market.

Property Details for 529 Stewart St

Property type
Land
Lot Size (sq. ft)
17,772 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5225205
Longitude
-119.8023764
529 Stewart St, Reno, Nevada

FAQs

What type of property is this?
Land - 0.4-acre lot, GC/MF14 zoning, $800,000
Where is the land located?
The property is located at 529 Stewart St Reno, NV.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 0.408-acre land parcel at 529 Stewart Street, Reno, NV (APN 013-021-51), priced at $800,000.; GC/MF14 zoning allows for substantial residential development.; Significant pre-development work completed for a 19-unit project, minimizing development time and costs.
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529 Stewart St
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