Current Use by Public Records
- Land
Property Details for 0 Venice Dr
- Lot size
- 15.01 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 15.01-acre property, situated in the thriving Tahoe Reno Industrial Center (TRIC), presents a unique investment opportunity. The land boasts 500 acre-feet of water rights, a significant asset in this rapidly growing region. Four parcels comprise this offering, with APNs 005-101-40, 005-101-39, 005-051-30, and 005-051-34. Conveniently located near the intersection of USA Parkway and Venice Drive, the property enjoys excellent visibility and accessibility. Its prime location borders Town Center Lake, offering scenic views and a desirable environment. The property is zoned I2 and C, allowing for diverse commercial and industrial development options. Located in Storey County, Nevada, a business-friendly environment with no state income or corporate tax, this area is also a qualified Opportunity Zone. The property's proximity to Reno (20 minutes) and Lake Tahoe (45 minutes) provides unparalleled access to a robust workforce and recreational amenities. This strategic location within TRIC places the property amongst established businesses such as Tesla, Switch, Google, Apple, and many more, creating a dynamic and thriving business community. The seller is open to selling the entire parcel or individual portions. Water rights are priced at $35,000 per acre-foot, and land is priced at $12.50 per square foot.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Patrick
- County
- Storey
- State
- Nevada
- Longitude
- -119.58
- Latitude
- 39.5351
