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Reno Land Near University
For Sale
$429,000

Valley Rd, Reno, NV 89501

Land near UNR, potential for multi-family, retail, and more.

Property Size1 SF
Lot Size1.43 Acres
Price / SF$429,000
Days on Market215

Property Features for Valley Rd

General Information

Standard status Active
Size 1 SF
Lot size 1.43 Acres
Property subtype Land
Listing Agency: Johnson Group Commercial
Listed By: Ryan Johnson, CCIM · License #NV #BS.1707
Source: Tcnworldwide
Added: Jan 27 Changed: Aug 21 Last Checked: Aug 29 at 8:52AM

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 Johnson Group Commercial

Investment Insights

Based on property information with market context.

This commercial land is located approximately 1500 feet from the University of Nevada Reno campus, in downtown Reno, Nevada. The lot, measuring 62,218 square feet, has a usable space of 37,606 square feet due to a 66-foot wide road easement being dedicated to the City of Reno. The land is surrounded by commercial, industrial, and multi-family properties. The flat lot is situated on the northeast corner of Enterprise and Valley Road, adjacent to existing student housing and near the largest student housing project currently under construction. The property was previously entitled for 84 condo/apartment units. Potential uses for the property include multi-family housing, retail, a bar, or a convenience store. A private road is maintained by the adjoining property owner to the east until the City assumes control. It is located two blocks from the downtown area.

Key Highlights

  • High‑visibility corner lot location at Valley and Enterprise.
  • Large lot size (62,218 square feet).
  • Located in downtown Reno.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

3,650
Businesses Nearby

Demographics for 89501, NV

3,948
Population
2,975
Households
1.3
Avg Household Size
50
Median Age
40%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
6,580
Density / Sq Mi
$32,990
Median Household Income
$28,774
Median Earnings
$1,089
Median Rent
$379,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land near UNR, potential for multi-family, retail, and more.
Where is this commercial land located?
The property is located at Valley Rd Reno, NV.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: High‑visibility corner lot location at Valley and Enterprise.; Large lot size (62,218 square feet).; Located in downtown Reno.
More about this property
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