0 Rampion Way Sun Valley, NV 89433
Exceptional investment opportunity encompassing two parcels totaling 42.49 acres in Sun Valley, Nevada (APN: 035-023-08/09). This property presents significant development potential due to its mixed zoning designation. Parcel 1, situated at 00 Rampion Way, comprises approximately 32.5 acres with a zoning split of 39% General Residential (GR) and 61% Multi-Density Single Family Residential (MDS). Its advantageous location borders existing single-family homes to the north and is situated near the recently developed Falcon Ridge Community to the west. Parcel 2, located at 00 Leon Dr, encompasses 10 acres with a zoning split of 45% GR and 55% MDS. A portion of this parcel borders Hug High School and a park. Both parcels boast varied topography and offer stunning city, valley, and mountain views. The properties enjoy convenient proximity to retail shops, bus lines, and the future Sun Valley Connector. This offering is ideal for a 1031 exchange. The asking price is $4,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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