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    00 Longley Ln Reno, NV 89511

    Sponsored
    For Sale
    $2,200,000

    Prime Reno location, build-to-suit opportunity. High visibility, strong demographics.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional $2,200,000 land parcel, identified by APN 164-450-13, presents a fantastic opportunity to develop a custom-built quick-service restaurant (QSR) or fast-food establishment at 00 Longley Lane, Reno, NV 89511. The property is zoned for Land, Office, and Retail use, offering flexibility for a variety of concepts. Its prime location directly on Longley Lane ensures high visibility and accessibility for potential customers. The site benefits from its position within Longley Town Center, an established commercial area already featuring a diverse mix of medical facilities, retail shops, and restaurants, creating a built-in customer base. This established commercial environment provides a strong foundation for attracting customers familiar with the area. Furthermore, the property's proximity—within one mile—of the Northern Nevada Sierra Medical Center adds to its strategic advantage. The site offers the unique opportunity to create a build-to-suit space perfectly tailored to your specific business needs and operational requirements. This is an exceptional opportunity to establish a thriving business in a high-traffic, well-established commercial center. Detailed site plans and further information are available upon request.

    Property Features for 00 Longley Ln

    General Information

    Property type
    Restaurants

    HighLights

    • $2,200,000 asking price.
    • Land, office, and retail property zoned for QSR/Fast Food use.
    • APN: 164‑450‑13.
    • Located at 00 Longley Lane, Reno, NV 89511.
    • High‑visibility location on Longley Lane.
    • Located near numerous medical spaces, retail shops, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7646499
    Latitude
    39.476949

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    FAQs

    What type of property is this?
    Restaurant - Prime Reno location, build-to-suit opportunity. High visibility, strong demographics.
    Where is this restaurant located?
    The property is located at 00 Longley Ln Reno, NV.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; Land, office, and retail property zoned for QSR/Fast Food use.; APN: 164-450-13.
    Request Owner's contact information
    00 Longley Ln Reno, NV 89511
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    Reno, NV 89511
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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
    00 Longley Ln Reno, NV 89511
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