Listing Agency: LPT Realty

Listed By: Jen Colley BS.0145423 · License #NV BS.145423

Source: Crexi

Added: Sep 17, 2025 Changed: Aug 13 Last Checked: Aug 24 at 12:55PM

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Investment Insights

Based on property information with market context.

This property presents a subdivision opportunity with potential for return on investment. Zoned LDS, the property permits one unit per acre, with the possibility of a zoning change to allow for additional units. The property is located in unincorporated Washoe County, where additional structures such as accessory dwelling units, guest homes, and tiny homes are permitted in residential areas. The application and process for a zoning change administrative review can be found online. The property is also zoned for horses. Utilities are located nearby. Buyers and buyer's agents are responsible for their due diligence.

Key Highlights

• Subdivision potential for investment return.
• LDS zoning allows one unit per acre.
• Potential for zoning change to allow more units.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Pet Store Pet Store & Service Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 89506, NV

43,321

Population

17,015

Households

2.5

Avg Household Size

35

Median Age

20%

College-Educated

86%

High-School Grad

91.1 sq mi

ZIP Area

476

Density / Sq Mi

$86,557

Median Household Income

$42,481

Median Earnings

$1,733

Median Rent

$377,500

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Land for sale with subdivision and zoning change potential.

Where is this land located?

The property is located at 0 WIGWAM Way Reno, NV.

What is the asking price?

The asking price for this property is $540,000.

What are key features of this property?

This property features: Subdivision potential for investment return.; LDS zoning allows one unit per acre.; Potential for zoning change to allow more units.