Listing Agency: Johnson Group Commercial

Listed By: RYAN JOHNSON · License #NV BS1707 Show Phone

Source: Crexi

Added: Jul 8, 2025 Changed: Oct 7 Last Checked: Oct 16 at 8:20AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnson Group Commercial

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This land parcel presents an opportunity for the development of student housing. The University of Nevada anticipates an enrollment of approximately 23,000 students by 2025 and 25,000 students by 2030, indicating potential demand for student accommodation.

Key Highlights

• Opportunity to develop student housing.
• Land available for purchase.
• Prime location with proximity to the University of Nevada.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Trippy little farm (Bike/Boat/Book/etc) Store Bicycle Service Centers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center HVAC Service Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,437

Businesses Nearby

Explore this area Business Placement

Demographics for 89512, NV

30,148

Population

12,374

Households

2.4

Avg Household Size

30

Median Age

18%

College-Educated

76%

High-School Grad

6.2 sq mi

ZIP Area

4,863

Density / Sq Mi

$45,284

Median Household Income

$34,587

Median Earnings

$1,113

Median Rent

$318,400

Median Home Value

Similar For Sale Nearby

See more

MF-30 Multifamily Redevelopment Site

400 Minerva Lane, Reno, NV 89503

$749,000

2,939 SF

View details

Multi-Parcels Land Package

Temple Hill Road, Reno, NV 89521

$749,713

22.68 Acres

View details

Land

3416 Nambe Dr, Reno, NV 89511

$750,000

53,579 SF

View details

Land, Reno, NV

1035 N Sierra Street, Reno, NV 89503

$750,000

0.18 Acres

View details

Land

0 Peak Road, 1-2-3, Reno, NV 89510

$750,000

View details

MDR-Zoned Land

790 Schellbourne Street, Reno, NV 89511

$750,000

View details

Custom Home Lot in Gated Community

5728 Indigo Run Drive, Reno, NV 89511

$699,999

1.18 Acres

View details

Land

APN001676228 Geiger Grade Rd, Reno, NV 89521

$699,000

1,742,400 SF

View details

ArrowCreek Homesite with City Views

390 Questa Court, Reno, NV 89511

$675,000

1.46 Acres

View details

Vacant Land

5725 Flowering Sage Trl, Reno, NV 89511

$649,000

View details

Industrial Land with Highway Access

9500 N Red Rock Road, Reno, NV 89508

$645,000

4.14 Acres

View details

Land

5734 River Birch Dr, Reno, NV 89511

$849,000

44,431 SF

View details

Frequently Asked Questions

What type of property is this?

Land - Land suitable for student housing development near the University.

Where is this land located?

The property is located at 1151 Valley Rd Reno, NV.

What is the asking price?

The asking price for this property is $729,920.

What are key features of this property?

This property features: Opportunity to develop student housing.; Land available for purchase.; Prime location with proximity to the University of Nevada.