Property profile & analytics
Wells Ave Reno, NV 89512
- Land
- 2.33 lot acres
For Sale
View listing
$6,550,000
Value Estimation
Location Intelligence
Current Use by Public Records
- Land
Property Details for 0 Wells Ave
- Lot size
- 2.33 lot acres
- Property type
- Land
Description
This exceptional 7.8-acre commercial land parcel presents a unique investment opportunity in Reno, Nevada. Located near the University of Nevada, Reno (UNR), this property offers significant development potential. The site is comprised of seven parcels (APN: 004-202-65, 004-202-67, 008-011-01, 008-011-02, 008-011-03, 008-011-04 & 004-161-30) totaling 7.8 acres, with a zoning designation of MF30 and MU, making it ideal for multifamily or student housing projects. The property is situated on N Wells Ave, Reno, NV 89512, within Washoe County. This infill site is one of the few remaining within the McCarran Avenue ring. Flexible purchase options are available: Option I (5 parcels, 5.47 acres) for $4,600,000
Value Estimation
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Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.803
- Latitude
- 39.5376
