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    40S Sw4Se4-S36/18 Reno, NV 89521

    • Land
    • 32.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 40S Sw4Se4-S36/18

    Lot size
    32.29 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Storey
    State
    Nevada
    Longitude
    -119.65
    Latitude
    39.3831

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    Reno, NV 89521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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