Listing Agency: Johnson Group Commercial r***@johnsongroup.net Show Phone

Listed By: RYAN JOHNSON · License #NV BS1707

Source: Crexi

Added: Jul 8, 2025 Changed: Aug 8 Last Checked: Aug 29 at 11:23PM

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

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

Property Profile

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 Law Firm

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Office Building with Studio

3045 Lakeside Drive, Reno, NV 89509

$798,509

3,090 SF

View details

Acoustically Built Office Studio

125 Brinkby Avenue, Reno, NV 89502

$1,690,000

4,800 SF

View details

Two-Level Office Suite with Garage

441 W Plumb Lane, Reno, NV 89509

$1,595,000

4,562 SF

View details

Multifamily Property With Three Buildings

1002 S Arlington Avenue, Reno, NV 89509

$2,323,000

6,500 SF

View details

Remodeled Two-Story Professional Office

6100 Plumas, Reno, NV 89509

$4,200,000

11,150 SF

View details

Commercial Land with Existing Building

642 Kuenzli Street, Reno, NV 89502

$1,300,000

800 SF

View details

8-Unit Apartment Property

357 Roberts Street, Reno, NV 89502

$1,695,000

5,128 SF

View details

Renovated Office/Retail/Flex Building

400 South Wells Avenue, Reno, NV 89502

$2,950,000

9,586 SF

View details

Three-Tenant Automotive Retail Building

9728 South Virginia Street, Reno, NV 89511

$4,600,000

19,440 SF

View details

Retail Center with Freeway Visibility

210 SILVER LAKE ROAD, Reno, NV 89508

$7,300,000

18,064 SF

View details

Four-Bay Coin-Operated Car Wash

2125 Sutro Street, Reno, NV 89512

$800,000

0.44 Acres

View details

NNN Anchor Tenant Buildings

2970 & 2990 Northtowne Lane, Reno, NV 89512

$9,975,000

45,118 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.