0 Victory Logistics District Reno, NV 89511
This exceptional 4,300-acre industrial land offering presents a unique opportunity in Reno, Nevada's thriving Victory Logistics District. Situated in Washoe County, zip code 89511 (latitude 39.3809028, longitude -119.9277947), this master-planned industrial center is perfectly positioned to capitalize on Northern Nevada's explosive growth. The area is experiencing significant population expansion, projected to add approximately 50,000 residents annually for the next five years, fueling a robust demand for industrial space. This strategic location benefits from a strong and growing workforce, exceeding 267,000 individuals, and boasts a remarkably low unemployment rate of 2.9%, significantly below the national average. The region's economic vitality is further underscored by its ranking as the third fastest-growing workforce population in the U.S. and its consistent top performance in job growth, holding the number one spot nationally from 2016-2019. This property is ideally suited for manufacturing, distribution, data center, and logistics development, offering unparalleled potential for businesses seeking to establish or expand their operations in a dynamic and prosperous market. The site's expansive acreage provides ample room for large-scale projects, catering to the needs of businesses of all sizes.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.