Technical
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Property profile

83 95 & 96 Reno, NV 89521

OFF-MARKET
Land
200 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to own 200 acres in the prestigious Virginia Ranches of the Virginia City Highlands, Storey County, Nevada. This expansive property, comprised of five contiguous 40-acre parcels (Lots 81, 82, 83, 95, & 96, Sheridan Rd, Reno, NV 89521), offers unparalleled views of Mt. Rose and the surrounding landscape. Located just 30 minutes from Reno and 15 minutes from historic Virginia City, this secluded retreat provides a peaceful escape while remaining conveniently close to amenities. The property boasts abundant flat land ideal for equestrian activities, recreation, and building a homesite. Enjoy breathtaking 360-degree views, including Lagomarsino Canyon and a seasonal lake. Access is via a private gravel road along the 0.75-mile property boundary, offering direct access to the vast mountains and canyons of Storey County. The elevation ranges from 5800 to 6300 feet, with a mix of trees and open space, and dramatic rock outcroppings. While most homes in the area are solar-powered, a power line is approximately 0.80 miles away. Tiny houses are permitted with a septic system and well. This is a rare opportunity to own a significant acreage only 40 minutes from Reno-Tahoe International Airport (RNO), free from homeowners association restrictions. The asking price is $550,000.

Property profile

Verified
Property type Land
Lot 200 ac (8,712,000 SF)

Cap rate & NOI

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

Location

83 95 & 96 Reno, NV 89521
Reno metro
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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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