Reno, NV Land for Sale

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Updated: Oct 7, 2025

MF-30 Multifamily Redevelopment Site

400 Minerva Lane, Reno, NV 89503

$899,000

2,939 sqft 0.44 AC lot

MF‑30 zoning within the West University Neighborhood Plan Overlay
Two contiguous parcels at 400 Minerva Lane
Existing 2,939‑square‑foot structure with 3 units
Duplex plus detached 1‑bedroom, 1‑bath unit
Current zoning allows up to 13 units

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This listing looks promising.

Here's a quick look at some key insights for

400 Minerva Lane, Reno, NV 89503

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Est. Cap Rate

4.2%
NOI ÷ price
Est. NOI

$38K
Annual
Price @ 7% Cap

$543K
Suggested
Property Type

Duplex
Built 1949

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Updated: Jun 20

Commercial Land with Existing Building

642 Kuenzli Street, Reno, NV 89502

$1,300,000

800 sqft 0.41 AC lot

800 SF concrete block building operating as a convenience store
MU‑DR zoning with mixed‑use river‑walk district designation
Signalized intersection at Wells Ave and Kuenzli St
Public water and public sewer; water available
1957 construction with concrete flooring, natural gas heating, and composition roof

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Mixed-Use Property with Two Buildings

1496 S Virginia Street, Reno, NV 89502

$4,500,000

4,900 sqft 1.24 AC lot

Two tenant-occupied buildings support mixed-use redevelopment on a multi-parcel site with public utilities and MU MD zoning.

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Downtown Commercial Land

215 Sinclair Street, Reno, NV 89501

$875,000

0.38 AC lot

Four contiguous parcels form an urban development site with public water and sewer service in central Reno.

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Mixed-Use Retail Redevelopment Parcel

642 Kuenzli Street, Reno, NV 89502

$1,350,000

800 sqft 0.41 AC lot

Signalized corner redevelopment parcel includes an onsite 800 SF concrete block convenience store.

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Guard-Gated Residential Homesite

5720 Nordend Way, Reno, NV 89511

$629,990

0.46 AC lot

Residential homesite in a guard-gated country club community with all utilities brought underground and zoning LDS.

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Multi-Parcels Land Package

Temple Hill Road, Reno, NV 89521

$749,713

22.68 AC lot

22.68 acres across three separate parcels in Reno, offered together as a package sale.

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Mixed-Use Redevelopment Parcel

642 Kuenzli, Reno, NV 89502

$1,300,000

800 sqft 0.41 AC lot

Opportunity Zone parcel in a mixed-use river-walk district with an on-site convenience store building and billboard with maintenance easement.

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Residential Home Site with Utilities

5485 Wildwood Drive, Reno, NV 89511

$1,449,000

1.07 AC lot

SFR-zoned homesite with terraced site work, drainage/flood remediation, new septic, well, natural gas, and 400-amp power.

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Agricultural Land with Water Rights

1205 Whiskey Springs Road, Reno, NV 89510

$1,520,000

60.00 AC lot

HDR-zoned agricultural land with completed road infrastructure, underground utilities, and included irrigation water rights.

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Reno Land Near University

Valley Rd, Reno, NV 89501

$429,000

1 sqft 1.43 AC lot

Land near UNR, potential for multi-family, retail, and more.

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Two-House Duplex Property

3325 Clear Acre Lane, Reno, NV 89512

$1,432,000

1,601 sqft 1.54 AC lot

Two existing homes provide residential income on an SF3-zoned parcel.

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Horse Property Land

2160 Whites Creek Lane, Reno, NV 89511

$515,000

2.50 AC lot

2.5-acre land zoned HDR and GR, suited for equestrian and hobby farm uses.

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Flat Zoned Low Density Land

9995 Osage Road, Reno, NV 89508

$330,000

94,525 sqft 2.17 AC lot

Raw, flat land available with low density suburban zoning and no HOA.

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Reno Land Opportunity

1705 Boulder Ridge Court, Reno, NV 89523

$1,125,000

0.71 AC lot

Three custom homesites in Somersett Golf & Country Club.

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Reno Land Development Opportunity

6280 Copper Ridge, Reno, NV 89519

$599,000

0.23 AC lot

Shovel-ready land with permits for a fourplex in Reno.

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Residential Homesite in Gated Community

40 Greybull Court, Reno, NV 89519

$445,000

28,749 sqft 0.66 AC lot

Build-ready homesite on a quiet cul-de-sac, bordering common area within a gated neighborhood with mountain and city views.

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Gated Residential Development Lot

2225 Pepperwood Court, Reno, NV 89523

$199,900

0.49 AC lot

Gated hillside lot with mountain views, utilities available underground, and proximity to Somersett Town Center.

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Entitled Land for Townhome Development

0 CALIFORNIA AVE, Reno, NV 89509

$579,000

1 sqft 1.00 AC lot

Land entitled for 16 luxury townhomes near downtown Reno.

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Level Build-Ready Land Parcel

16730 Maggie Circle, Reno, NV 89511

$349,000

1.00 AC lot

Level land in Reno’s Galena Forest Estates with water brought to the property; utility setup is still needed.

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Residential View Lot in Gated Community

2790 Lake Ridge Shores Circle, Reno, NV 89519

$350,000

20,037 sqft 0.50 AC lot

Residential lot in a gated Reno community with views and access to Lake Stanley and Lake Ridge Golf Course.

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Agricultural Estate Home Site

11185 Thomas Creek Road, Reno, NV 89511

$3,500,000

8.46 AC lot

Large HDR-zoned parcel with shared access and included irrigation shares for building an estate or equestrian setup.

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Industrial Land in Reno's North Valleys

Resource Dr, Reno, NV 89506

$1,190,000

98,315 sqft 2.26 AC lot

2.257-acre industrial-zoned land for sale in Reno's North Valleys.

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Corner Commercial Land Parcel

101 S Wells Avenue, Reno, NV 89502

$790,000

0.27 AC lot

MDRD-zoned parcel with public water and sewer service available.

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Reno, NV Land Market Trends and Statistics

Explore 475 land for sale in Reno, NV, showcased through 475 active listings on our real estate platform. These investment opportunities span a total of 353,367,182 square feet of properties for sale, with an estimated market value of $247,267,652.

Sale prices for lots in Reno, NV start at $34,000, averaging $632,398, and reaching up to $39,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 323K

Population Growth (5Y) +7.0%

Median Household Income $87,673

College Educated 32.3%

High-Yield Neighborhoods for Investment

Identify Reno submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Reno - 89501	$477.4K
Verdi - 89439	$525K

Taxes & Financing

Tax Rate (average for all types) 2.36%

Property Tax per SF $48.20 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washoe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washoe County

Office

Residential Income

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Reno, NV Land for Sale

400 Minerva Lane, Reno, NV 89503

642 Kuenzli Street, Reno, NV 89502

1496 S Virginia Street, Reno, NV 89502

215 Sinclair Street, Reno, NV 89501

642 Kuenzli Street, Reno, NV 89502

5720 Nordend Way, Reno, NV 89511

Temple Hill Road, Reno, NV 89521

642 Kuenzli, Reno, NV 89502

5485 Wildwood Drive, Reno, NV 89511

1205 Whiskey Springs Road, Reno, NV 89510

Valley Rd, Reno, NV 89501

3325 Clear Acre Lane, Reno, NV 89512

2160 Whites Creek Lane, Reno, NV 89511

9995 Osage Road, Reno, NV 89508

1705 Boulder Ridge Court, Reno, NV 89523

6280 Copper Ridge, Reno, NV 89519

40 Greybull Court, Reno, NV 89519

2225 Pepperwood Court, Reno, NV 89523

0 CALIFORNIA AVE, Reno, NV 89509

16730 Maggie Circle, Reno, NV 89511

2790 Lake Ridge Shores Circle, Reno, NV 89519

11185 Thomas Creek Road, Reno, NV 89511

Resource Dr, Reno, NV 89506

101 S Wells Avenue, Reno, NV 89502

Reno, NV Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Residential Income

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