0 Dandini Blvd Reno, NV 89433

This exceptional 37.03-acre land parcel in Reno, Nevada, presents a remarkable investment opportunity. Ideally situated east of Truckee Meadows Community College (TMCC), between US 395 N and Sun Valley Blvd, it boasts breathtaking views of the Truckee Meadows and Mount Rose. The property is zoned Mixed Use Suburban (MS), offering considerable flexibility for development. Originally planned for 296 units, the pre-October 28, 2022, City of Reno Zoning Code allows for a potentially higher unit count due to relaxed parking requirements. Water and sewer hookups are accessible from Sun Valley Boulevard, with costs to be shared with the developer of the adjacent northern parcel. Comprehensive due diligence materials, including geotechnical and Phase One reports, are readily available. This centrally located land is perfectly positioned to address Reno's North Valleys apartment demand, making it an ideal site for market-rate workforce housing. The asking price is $6,400,000, translating to $172,833 per acre. The APN is 035-032-01 & 035-012-11.