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Productive Irrigated Alfalfa Farm

5555 Sage Flat Road Reno, NV 89510

5555 Sage Flat Road, Reno, NV, 89510
$2,980,000
For Sale
$2,980,000

COMMERCIAL - Reno, NV

Property Size1,100 SF
Lot Size710.97 Acres
Price / SF$2,709
Days on Market596

Property Features for 5555 Sage Flat Road

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Standard status
Active
Size
1,100 SF
Lot size
710.97 Acres
Listing agency Outdoor Properties of Nevada
Listed by Todd Renfrew (Nevada) · License #01727574
Added: Dec 2, 2024 Updated: Jul 21 at 8:28AM Checked: Jul 21 at 1:06PM
MLS# 11556167

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Palomino Farms is a 710.97-acre agricultural property in Washoe County built around high-quality alfalfa and alfalfa orchard grass mix production. The farm includes 220.60 +/− irrigated acres under one Zimmatic and one Valley pivot, plus 46.25 acres under wheel line irrigation. Production is supported by 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 notes future capability for the one Zimmatic pivot to add an additional 49.4 acres of pivot irrigation. In addition to cropland, there are approximately 394.72 +/− acres of rangeland.

The ranch includes a comfortable 1,100 sq. ft. updated three-bedroom, two-bath home with a lawn and a large kitchen featuring stainless steel appliances. Ranch infrastructure consists of a pole hay barn, equipment shed, shop, and other outbuildings. The property is described as located just an 8-minute drive north of Sparks, NV and about a 30-minute drive to Reno, NV.

This offering may appeal to buyers seeking an operating agricultural asset with established irrigation and water resources, along with on-site ranch improvements. Existing infrastructure for hay and equipment storage supports day-to-day farm use, while the included residence provides an on-property living option for farm operators and their families.

Key Highlights

  • 710.97‑acre Palomino Farms featuring 220.60 +/- irrigated acres under one Zimmatic and one Valley pivot plus 46.25 acres under wheel line irrigation.
  • Water resources include 1,268.15 acre‑feet of underground water rights, two 600+ ft ag wells, and two 150 HP pumps for each.
  • Produces alfalfa/orchard grass mix with reported 4.2 to 5.35 tons per acre and high‑quality alfalfa at 3.55 to 4.3 tons per acre.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ranches

FAQs

What type of property is this?
Farm - Large irrigated alfalfa operation with underground water rights, rangeland acreage, and ranch infrastructure plus a three-bedroom home.
Where is this farm located?
The property is located at 5555 Sage Flat Road 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 featuring 220.60 +/- irrigated acres under one Zimmatic and one Valley pivot plus 46.25 acres under wheel line irrigation.; Water resources include 1,268.15 acre‑feet of underground water rights, two 600+ ft ag wells, and two 150 HP pumps for each.; Produces alfalfa/orchard grass mix with reported 4.2 to 5.35 tons per acre and high‑quality alfalfa at 3.55 to 4.3 tons per acre.
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