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    Reno Land Near University Title is generated by Realmo AI

    Valley Rd, Reno, NV 89501

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    For Sale
    $429,000

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

    Type:Land
    Property size:
    1 SF
    Lot size:
    1.43 Acres
    Price / SF:
    $429,000/SF
    Added:
    Jan 27, 2026
    Days on Market:
    114
    Last Refresh:
    Apr 6 at 1:00 am

    Property Features for Valley Rd

    General Information

    Standard status
    Active
    Size
    1 SF
    Lot size
    1.43 Acres
    Property subtype
    Land

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    Listing Contact
    Ryan Johnson, CCIM
    Ryan Johnson, CCIM

    Listing agent Ryan Johnson, CCIM License #NV #BS.1707

    Listing office Johnson Group Commercial

    Listing date Jan 27, 2026

    Source Tcnworldwide

    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

    HighLights

    • High‑visibility corner lot location at Valley and Enterprise.
    • Large lot size (62,218 square feet).
    • Located in downtown Reno.
    • Proximity to the University of Nevada Reno (1500 feet).
    • Potential for multi‑family development (previously entitled for 84 units).
    • Diverse range of potential uses (multi‑family, retail, bar, convenience store, etc.).

    Overview

    This commercial land is located approximately 1500 feet from the University of Nevada Reno campus, in downtown Reno, Nevada. The lot, measuring 62,218 square feet, has a usable space of 37,606 square feet due to a 66-foot wide road easement being dedicated to the City of Reno. The land is surrounded by commercial, industrial, and multi-family properties. The flat lot is situated on the northeast corner of Enterprise and Valley Road, adjacent to existing student housing and near the largest student housing project currently under construction. The property was previously entitled for 84 condo/apartment units. Potential uses for the property include multi-family housing, retail, a bar, or a convenience store. A private road is maintained by the adjoining property owner to the east until the City assumes control. It is located two blocks from the downtown area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.807
    Latitude
    39.5317

    FAQs

    What type of property is this?
    Commercial land - Land near UNR, potential for multi-family, retail, and more.
    Where is this commercial land located?
    The property is located at Valley Rd Reno, NV.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: High‑visibility corner lot location at Valley and Enterprise.; Large lot size (62,218 square feet).; Located in downtown Reno.
    More about this property
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