This exceptional 39.7-acre commercial land parcel presents a unique investment opportunity in Storey County, Nevada. Located on River View Road in Virginia, near Reno, this property boasts an attractive asking price of $80,000, translating to approximately $2,015.11 per acre. The land is zoned E40VR, offering considerable flexibility for a variety of commercial development projects. The property's expansive size provides ample space for large-scale ventures, while its strategic location offers convenient access to Reno and surrounding areas. With its convenient access and substantial acreage, this parcel represents a compelling opportunity for developers and investors seeking a significant land holding in a rapidly growing region. The Assessor's Parcel Number (APN) is 00427137. This property is ideal for those seeking a substantial land investment with potential for significant future returns. The location offers proximity to Reno's amenities while maintaining a desirable setting in Storey County. Detailed zoning information and development possibilities are available upon request. Serious inquiries only. This is a rare opportunity to acquire a large commercial parcel at a competitive price point. Don't miss out on this chance to secure a prime piece of Nevada real estate.
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
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.