University Area Development
For Sale
Contact for pricing
208 University Terrace, Reno, NV 89503
Land near university campus suitable for multi-family development.
Property Size1,230 SF
Price / SF$1,005
Days on Market400
Property Features for 208 University Terrace
General Information
Standard status
Active
Size
1,230 SF
Property subtype
Multifamily, Land
Zoning
MF30
Listing Agency:
Johnson Group Commercial
(775) 232-8551
Listed By:
RYAN JOHNSON · License #NV BS1707
Source:
Crexi
Added: Jul 8, 2025
Changed: Aug 8
Last Checked: Aug 8 at 11:38AM
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 property presents a development opportunity within walking distance of the university campus. Situated above downtown, its location offers potential desirability. Currently, a single-family home occupies the site, but the highest and best use is considered to be a multi-family project. The property is located next to the university and its $200 million expansion project, and is also situated blocks from downtown. The property size is 1230 square feet.
Key Highlights
- Prime location adjacent to the University and its $200 million expansion project.
- Walking distance to the University campus.
- Strategically located above downtown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,945
Businesses Nearby
Explore this area
Business Placement
Demographics for 89503, NV
28,737
Population
13,938
Households
2.1
Avg Household Size
33
Median Age
36%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
4,635
Density / Sq Mi
$66,956
Median Household Income
$37,352
Median Earnings
$1,336
Median Rent
$441,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land near university campus suitable for multi-family development.
Where is this residential land & home lot located?
The property is located at 208 University Terrace Reno, NV.
What is the asking price?
The asking price for this property is $1,237,000.
What are key features of this property?
This property features: Prime location adjacent to the University and its $200 million expansion project.; Walking distance to the University campus.; Strategically located above downtown.
