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Property profile & analytics
OFF-MARKET
Land

196S Long Valley Rd Reno, NV 89521

40.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40.12-acre commercial land parcel presents a unique investment opportunity in Storey County, Nevada. Located at 196S Long Valley Road, Virginia City, NV 89521, this property boasts an attractive asking price of $100,000, translating to a price per acre of $2,492.52. The property's APN is 00428166. Its zoning designation is E40VR, as confirmed by the Assessor. Situated in a desirable location, this expansive tract offers significant potential for various commercial ventures. The property's size and zoning provide ample flexibility for development, making it an ideal choice for entrepreneurs and investors seeking a strategic foothold in the Nevada market. Detailed site surveys and environmental assessments are recommended to fully understand the development potential and any associated costs. This is a rare opportunity to acquire a substantial commercial land holding in a dynamic area. The property's location offers convenient access to key transportation routes and amenities, further enhancing its appeal. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Land
Lot 40.12 ac (1,747,627 SF)
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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