0 White Lake Pkwy Reno, NV 89508
This exceptional 40-acre parcel presents a unique investment opportunity in Reno, Nevada's rapidly growing North Valleys area. Strategically located along US Highway 395 and White Lake Parkway, this commercially and industrially zoned property (General Rural) boasts unparalleled visibility and accessibility. With over 32,000 vehicles passing daily on US 395, this site offers exceptional exposure for a wide range of commercial or industrial developments. Convenient access to US 395 North/South is further enhanced by the proximity of White Lake Parkway on and off-ramps. The property includes valuable water rights, totaling 2 acre-feet. Its location is advantageous, being just a 16-minute drive from the US 395/I-80 interchange in Reno/Sparks and a 2-hour, 33-minute drive to Sacramento. The Red Rock Road interchange and services are conveniently located just 3 minutes away. The area is experiencing significant residential growth, with over 10,792 new residential units approved and over 18,137 pending approval in North Valleys, creating a strong potential customer base. This property is situated adjacent to a substantial 26+ million square foot industrial submarket, providing access to a readily available labor pool and supporting services. The APN is 081-110-14. This is a rare opportunity to acquire a large parcel of land in a high-growth area with excellent infrastructure and access.
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.