1678 Virginia St Reno, NV 89503
0.34-Acre Lot Near UNR
Property Features for 1678 Virginia St
General Information
- Property type
- Multifamily properties
- Lot Size
- 14,810 SF
Listing Agent: Ryan Johnson, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 0.34-acre lot at 1678 N Virginia St, Reno, NV 89503, presents a unique development opportunity. Located near the University of Nevada, Reno, with approximately 24,000 students, this property offers significant potential. Currently featuring a 2,222 sq ft house, the site is zoned PF (Public Facilities), allowing for diverse uses including, but not limited to, multifamily dwellings (duplex, four-plex), medical facilities, schools, daycare centers, general offices, urban farms, and parking lots. The property's location within an Opportunity Zone adds further investment appeal. Comparable land sales in the area have ranged from $90 to $103 per square foot, indicating strong potential land value. The property's APN is 003-381-02. This versatile site is ideal for developers seeking a prime location near a major university and benefiting from favorable zoning and Opportunity Zone incentives. The asking price is $1,595,000. Detailed zoning information can be found at [link provided in original text]. This is a rare chance to acquire a substantial parcel in a high-demand area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.820972
- Latitude
- 39.548893
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 0.34-Acre Lot Near UNR
Where is this multifamily property located?
The property is located at 1678 Virginia St Reno, NV.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: FOR SALE: 0.34-acre lot near University of Nevada, Reno.; Located in an Opportunity Zone.; Comparable land sales: $90-$103/sq ft.