259S Vly Vw Rd Reno, NV 89521
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.