Moraine Way Reno, NV 89503
- Land
- 1.89 lot acres
Current Use by Public Records
- Land
Property Details for 0 Moraine Way
- Lot size
- 1.89 lot acres
- Property type
- Land
Description
This exceptional 1.89-acre commercial land parcel, located at 0 Moraine Way in Reno, Nevada (APN 003-130-33), presents a unique investment opportunity. Zoned General Commercial (GC), this property offers stunning views of Downtown Reno and enjoys a highly desirable location near the University of Nevada, Reno. The asking price is $695,000. Complete conceptual plans for a 20-unit student housing development are available, providing a clear path for immediate development. A Special Use Permit has previously been approved, streamlining the permitting process. This infill development site is ready for an entrepreneur to build upon the existing plans or create their own vision. The property's 1.89 acres provide ample space for a variety of commercial uses, making it an attractive proposition for developers and investors seeking a prime location in a thriving Nevada market. The convenient proximity to UNR ensures high demand and potential for strong rental income. This is a rare opportunity to acquire a well-situated, development-ready commercial land parcel in Reno, Nevada. Don't miss out on this chance to capitalize on the growing Reno market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.828
- Latitude
- 39.5566
