0 Leon Dr Sun Valley, NV 89433
This exceptional 3.85-acre development site presents a unique investment opportunity in Sun Valley, Nevada. Located on Leon Drive in Washoe County, zip code 89433, this property is zoned MDS (Medium Density Suburban), offering significant potential for residential development. The asking price is $430,000, translating to approximately $111,601 per acre, reflecting the land's prime location and development potential. The site's central location offers convenient access to amenities and infrastructure, making it an attractive proposition for builders and investors alike. Its proximity to the new Hug High School in the North Valleys area of Reno further enhances its appeal. This rare medium-density development site is ready for your vision, offering a chance to create a thriving residential community. The property's latitude and longitude coordinates are 39.5946206 and -119.7758153 respectively. This is a redevelopment opportunity not to be missed. Serious inquiries only.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.