Technical
Financial
Distress signals
Property profile

40S Sw4Se4-S36/18 Reno, NV 89521

OFF-MARKET
Land
32.29 ac lot
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Property summary

AI-generated overview

This exceptional 32.29-acre commercial land parcel, identified as LOT 293S 40S SW4SE4-S36/18, presents a unique investment opportunity in Storey County, Nevada. Located in Virginia City, NV, 89521, this property boasts an attractive asking price of $555,000, translating to $17,187.98 per acre. The land is zoned E40VR, as per Assessor records. The property's APN is 00425108. Given its substantial size and strategic location, this parcel offers significant potential for various commercial ventures. The precise coordinates are 39.3831391 latitude and -119.6499162 longitude. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the land for their specific development plans. This is a rare opportunity to acquire a large tract of commercial land in a desirable Nevada location. The property is ready for development and offers significant upside potential for investors seeking a foothold in the growing Nevada market. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 32.29 ac (1,406,552 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40S Sw4Se4-S36/18 Reno, NV 89521
Reno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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