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    White Lake Pkwy Reno, NV 89508

    Sponsored
    For Sale
    Contact for pricing

    Prime Reno location, US 395 frontage, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 40-acre parcel presents a unique investment opportunity in Reno, Nevada's rapidly growing North Valleys area. Strategically located along US Highway 395 and White Lake Parkway, this commercially and industrially zoned property (General Rural) boasts unparalleled visibility and accessibility. With over 32,000 vehicles passing daily on US 395, this site offers exceptional exposure for a wide range of commercial or industrial developments. Convenient access to US 395 North/South is further enhanced by the proximity of White Lake Parkway on and off-ramps. The property includes valuable water rights, totaling 2 acre-feet. Its location is advantageous, being just a 16-minute drive from the US 395/I-80 interchange in Reno/Sparks and a 2-hour, 33-minute drive to Sacramento. The Red Rock Road interchange and services are conveniently located just 3 minutes away. The area is experiencing significant residential growth, with over 10,792 new residential units approved and over 18,137 pending approval in North Valleys, creating a strong potential customer base. This property is situated adjacent to a substantial 26+ million square foot industrial submarket, providing access to a readily available labor pool and supporting services. The APN is 081-110-14. This is a rare opportunity to acquire a large parcel of land in a high-growth area with excellent infrastructure and access.

    Property Features for 0 White Lake Pkwy

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • North Valleys, Reno, NV location.
    • Adjacent to a major 26+ million square foot industrial submarket.
    • Strong local labor pool and ample support services nearby.
    • Excellent access to US Highway 395.
    • Includes two (2) acre‑feet of water rights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.95067
    Latitude
    39.63738

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    FAQs

    What type of property is this?
    Land - Prime Reno location, US 395 frontage, high traffic.
    Where is this land located?
    The property is located at White Lake Pkwy Reno, NV.
    What are key features of this property?
    This property features: North Valleys, Reno, NV location.; Adjacent to a major 26+ million square foot industrial submarket.; Strong local labor pool and ample support services nearby.
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    White Lake Pkwy Reno, NV 89508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    White Lake Pkwy Reno, NV 89508
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