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Residential Development Land Bundle
For Sale
$950,000

5435 North Virginia Street, Reno, NV 89506

Three-parcel bundle totaling 6.566 acres includes an SF3-zoned vacant lot and two parcels with utilities.

Property Size286,014 SF
Lot Size6.57 Acres
Price / SF$3.32
Days on Market290

Property Features for 5435 North Virginia Street

General Information

Standard status Active
Size 286,014 SF
Lot size 6.57 Acres
Property subtype Land
Zoning MS & SF3

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,115

Amenities

0.0
Yes
Other
No
Listing Agency: Solid Source Realty
Listed By: Amanda Mueller · License #S.197809
Source: Compass
Added: Oct 24, 2025 Changed: Aug 8 Last Checked: Mar 25 at 7:44PM

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 Solid Source Realty

Investment Insights

Based on property information with market context.

This for-sale land offering is a three-parcel bundle totaling 6.566 acres in Reno. The package includes one approximately 5-acre vacant lot zoned SF3 and two established parcels with utilities. The improved parcels include a 4-car garage barn with electricity and a work area, plus a second level, along with two mobile homes sold as-is and multiple detached storage sheds.

The parcels are identified by APNs 082-540-23, 082-540-24, and 082-540-02, with addresses at 5435, 5395, and 5445 N Virginia Street.

SF3 zoning is listed for the vacant lot, and the seller states development allowance up to 3 single-family units per acre. The overall configuration provides a combination of vacant land and existing improvements that can be evaluated for redevelopment or restoration.

Key Highlights

  • Three‑parcel bundle totaling 6.566 acres in Reno, APNs 082‑540‑23, 082‑540‑24, and 082‑540‑02 (5435, 5395, and 5445 N Virginia).
  • Includes an approximately 5‑acre vacant lot zoned SF3.
  • SF3 zoning allows up to 3 single‑family units per acre.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store HVAC Service Auto Repair Shop Kitchen & Bath Showroom

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

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 89506, NV

43,321
Population
17,015
Households
2.5
Avg Household Size
35
Median Age
20%
College-Educated
86%
High-School Grad
91.1 sq mi
ZIP Area
476
Density / Sq Mi
$86,557
Median Household Income
$42,481
Median Earnings
$1,733
Median Rent
$377,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three-parcel bundle totaling 6.566 acres includes an SF3-zoned vacant lot and two parcels with utilities.
Where is this residential land & home lot located?
The property is located at 5435 North Virginia Street Reno, NV.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑parcel bundle totaling 6.566 acres in Reno, APNs 082‑540‑23, 082‑540‑24, and 082‑540‑02 (5435, 5395, and 5445 N Virginia).; Includes an approximately 5‑acre vacant lot zoned SF3.; SF3 zoning allows up to 3 single‑family units per acre.
More about this property
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