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Irrigated Alfalfa and Rangeland Farm
For Sale
$2,980,000

5555 Sage Flat Rd, Reno, NV 89510

710.97-acre farm with pivot and wheel line irrigation, underground water rights, rangeland, and ranch improvements.

Property Size1,100 SF
Lot Size710.97 Acres
Price / SF$2,709
Days on Market636

Property Features for 5555 Sage Flat Rd

General Information

Standard status Active
Size 1,100 SF
Lot size 710.97 Acres
Property subtype Farm

Additional Details

Water Rights Yes

Taxes and HOA fees

Annual Taxes $11,099
Listing Agency: Outdoor Properties of Nevada
Listed By: Todd Renfrew · License #01727574
Source: Exprealty
Added: Dec 2, 2024 Changed: Aug 21 Last Checked: Aug 29 at 3:37PM

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 Outdoor Properties of Nevada

Investment Insights

Based on property information with market context.

Palomino Farms is a 710.97-acre irrigated agricultural property centered on alfalfa and alfalfa orchard grass mix production. The operation includes 220.60± irrigated acres under one Zimmatic and one Valley pivot, as well as 46.25 acres under wheel line irrigation. Reported yields range from 4.2 to 5.35 tons per acre for the alfalfa orchard grass mix and 3.55 to 4.3 tons per acre for high-quality alfalfa, with future capability for the one Zimmatic pivot to provide an additional 49.4 acres of pivot irrigation.

Water support includes approximately 1,268.15 acre-feet of underground water rights, two 600+ ft. ag wells, and two 150 HP pumps for each. The property also includes approximately 394.72± acres of rangeland. Ranch infrastructure features a comfortable 2,200 sq. ft. updated three-bedroom, two-bath home with lawn, along with a pole hay barn, equipment shed, shop, and other outbuildings. The remarks note buildable lots in Washoe County, and the seller will perform a lot line adjustment that will change the acreage of APN #077-090-14 and APN #077-090-13. The property is described as 8 minutes north of Sparks, NV and about 30 minutes from Reno, NV.

Key Highlights

  • 710.97‑acre Palomino Farms with irrigated cropland plus approximately 394.72± acres of rangeland
  • 220.60± acres irrigated under one Zimmatic pivot and one Valley pivot, plus 46.25 acres under wheel line irrigation
  • Underground water rights include 1,268.15 acre‑feet, two 600+ ft ag wells, and two 150 HP pumps

Property Analytics

Current Use

Farms

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 89510, NV

1,874
Population
694
Households
2.7
Avg Household Size
51
Median Age
33%
College-Educated
90%
High-School Grad
596.8 sq mi
ZIP Area
3
Density / Sq Mi
$100,431
Median Household Income
$56,250
Median Earnings
$613
Median Rent
$569,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - 710.97-acre farm with pivot and wheel line irrigation, underground water rights, rangeland, and ranch improvements.
Where is this farm located?
The property is located at 5555 Sage Flat Rd Reno, NV.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: 710.97‑acre Palomino Farms with irrigated cropland plus approximately 394.72± acres of rangeland; 220.60± acres irrigated under one Zimmatic pivot and one Valley pivot, plus 46.25 acres under wheel line irrigation; Underground water rights include 1,268.15 acre‑feet, two 600+ ft ag wells, and two 150 HP pumps
More about this property
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