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OFF-MARKET
Retail properties & Spaces

0 Longley Ln Reno, NV undefined

Property ID
Property summary
AI-generated overview

This exceptional $1,000,000 land parcel, located at Longley Ln in Reno, Washoe County, Nevada (APN 164-402-02), presents a unique opportunity for custom development. Zoned for both medical office and quick-service restaurant/fast food uses, this property offers unparalleled visibility due to its prime frontage on Longley Lane. The site is ideally situated within Longley Town Center, a thriving commercial hub already boasting a diverse mix of established medical facilities, retail shops, and restaurants, ensuring a built-in customer base. This strategic location benefits from high traffic counts and strong consumer demographics. The proximity to the Northern Nevada Sierra Medical Center, less than a mile away, further enhances the property's appeal and potential for success. The land is ready for immediate development, allowing for the construction of a custom-designed building tailored to specific business needs, whether it's a modern medical office, a convenient drive-thru restaurant, or a combination of both. This is a rare chance to establish a presence in a high-demand area with significant growth potential. The property is classified as Land, Office, and Retail. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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