Technical
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Property profile

259S Vly Vw Rd Reno, NV 89521

OFF-MARKET
Land
39.74 ac lot
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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

Location

259S Vly Vw Rd Reno, NV 89521
Reno metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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