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Property profile & analytics
OFF-MARKET
Land

0 Spearhead Way Reno, NV 89506

8.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.76-acre property in Reno, Nevada, presents a remarkable investment opportunity. Located in the desirable Panther Valley area, this sloped land boasts stunning views and convenient access to Panther Valley Road and US395. Zoned SF8 64% / PGOS 36%, it allows for a 33-home cluster development, leaving over 3 acres of open space. The strategic location within Reno's thriving market makes this a versatile canvas for various real estate ventures. The property's address is 0 SPEARHEAD, Reno, NV 89506. The lease expires September 24, 2025. This prime land offers a unique blend of residential and commercial potential, making it an ideal investment for developers seeking a high-growth area with significant development possibilities. The asking price is $2,390,000. The property's unique zoning and expansive size provide a rare opportunity to create a thriving community while preserving a significant portion of natural open space. This is a truly exceptional opportunity to capitalize on Reno's robust real estate market.

Property profile
Verified
Property type Land
Lot 8.76 ac (381,586 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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