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Residential Land Near Universities
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Mica Pl, Reno, NV 89503

Two lots totaling 14.921 acres near UNR and TMCC.

Property SizeContact for details
Lot Size14.92 Acres
Days on Market775

Property Features for Mica Pl

General Information

Standard status Active
Lot size 14.92 Acres
Property subtype Land
Zoning GC
Listing Agency: CBRE Reno
Listed By: Ben Galles · License #47543
Source: Crexi
Added: Jun 26, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:06AM

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 CBRE Reno

Investment Insights

Based on property information with market context.

The property consists of two lots totaling 14.921 acres situated in north Reno, near the University of Nevada Reno and Truckee Meadows Community College. The site presents a development opportunity for apartments catering to students, the market, or affordable housing. Previously, the site was approved for 192 multifamily units. The property's location near both campuses makes it suitable for a variety of housing options.

Key Highlights

  • Large acreage (14.921 acres) suitable for development.
  • Previously approved for 192 multifamily units.
  • Prime location near the University of Nevada Reno.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 89503, NV

28,737
Population
13,938
Households
2.1
Avg Household Size
33
Median Age
36%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
4,635
Density / Sq Mi
$66,956
Median Household Income
$37,352
Median Earnings
$1,336
Median Rent
$441,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two lots totaling 14.921 acres near UNR and TMCC.
Where is this residential land & home lot located?
The property is located at Mica Pl Reno, NV.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: Large acreage (14.921 acres) suitable for development.; Previously approved for 192 multifamily units.; Prime location near the University of Nevada Reno.
(775) 356-6118 Call to check price and availability
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