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Property profile & analytics
OFF-MARKET
Land

259S Vly Vw Rd Reno, NV 89521

39.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39.74-acre commercial land parcel presents a unique investment opportunity in the desirable Virginia City, Nevada area. Located on Valley View Road (259S), the property boasts breathtaking views of the surrounding mountains and valleys. The land is zoned E40VR and offers a diverse topography including upslope, downslope, rolling, and steep terrain, characteristic of the high desert landscape. Access is via a public dirt road. The property is currently undeveloped, with no existing lot improvements, surface water, or marked corners. The asking price is $120,000, translating to approximately $3,019.63 per acre. This represents a compelling value for a large tract of land with significant potential for various commercial ventures, given its size and scenic location. The parcel's APN is 00427133. The property adjoins undeveloped acreage, further enhancing its potential. While the exact nature of any potential crops is unknown, the expansive acreage and varied topography offer considerable flexibility for future development. This is a rare opportunity to acquire a substantial land holding in a picturesque and historically significant Nevada location. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 39.74 ac (1,731,074 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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