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    Leon Dr Sun Valley, NV 89433

    • Land
    • 3.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Leon Dr

    Lot size
    3.85 lot acres
    Property type
    Land
    Property subtype
    Residential income homes

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sun Valley
    County
    Washoe
    State
    Nevada
    Longitude
    -119.776
    Latitude
    39.5946

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      5590 Leon Dr

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    Leon Dr
    Sun Valley, NV 89433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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