0 Hills Blvd Reno, NV 89506
This exceptional 0.93-acre commercial land parcel, located at 0 North Hills Blvd in Reno, Nevada (APN 552-14-120), presents a compelling investment opportunity. Priced at $604,515, or $15 per square foot, this property boasts a General Commercial (GC) zoning designation, offering considerable flexibility for diverse commercial uses. Situated in the North Valleys area of Reno, the land benefits from its strategic location between burgeoning industrial, retail, and residential developments, ensuring strong future growth potential. The property's convenient location provides easy access to both central Reno and Sparks, with a commute time of under 15 minutes. Furthermore, the parcel offers the potential for expansion, as it can be combined with an adjacent approximately 1-acre parcel to the north, resulting in a total of approximately 1.93 acres. The surrounding area is experiencing significant growth, with multiple planned multifamily developments underway, further enhancing the long-term value and appeal of this property. This is an ideal opportunity for developers and investors seeking a well-positioned commercial land parcel in a rapidly developing area of Reno. The property's zoning and location make it suitable for a wide range of commercial ventures.
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
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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.