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    5495 Talbot Ln, Unit 040-880-14 Reno, NV 89509

    Under Contract
    For Sale
    $2,600,000

    LAND - Reno, NV

    Lot size:
    3.03 Acres
    Days on Market:
    106
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 5495 Talbot Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    LLR1
    APN
    040-880-14
    Fencing
    Chain Link
    Lot size
    3.03 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Additional Structures
    Outbuilding

    Ferrari-Lund Real Estate (775) 685-7788 [email protected]

    Listing agent Kathleen Knuf Felte (775) 741-5961 License #S.59688

    Listing date Aug 22, 2025

    MLS# 250052525 Listing URL

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Undeveloped Land in Reno, Nevada

    This 3.031-acre property, privately owned since the 1950s, represents the last undeveloped parcel on Talbot Lane in Reno, Nevada. Zoned LLR1, the mostly flat lot is surrounded by PD, PO, and PF/PO combination lots, offering considerable development opportunities. While currently equipped with well and septic systems, municipal utilities were installed in the street during the Rancharrah development. The property benefits from convenient access to McCarran Boulevard, Kietzke Lane, the freeway, and the airport, making it a rare infill opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.801707
    Latitude
    39.474619

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    FAQs

    What type of property is this?
    Commercial land - 3.03 acres of land with development potential in Reno.
    Where is this commercial land located?
    The property is located at 5495 Talbot Ln, Unit 040-880-14 Reno, NV.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Last undeveloped property on Talbot Lane, offering a unique opportunity.; - Significant development potential on 3.031 acres zoned LLR1.; - Mostly flat parcel, simplifying construction and development.
    (775) 741-5961
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5495 Talbot Ln, Unit 040-880-14 Reno, NV 89509
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