1925 Timber WayReno, NV 89512

  • Land
  • 0.98 AC
For Lease

Property Details for 1925 Timber Way

Lot size
0.98 AC
Zone code
ME
Property type
Land
Property subtype
Other industrial land
APN
004-130-28
APU
413028

Description

This exceptional 42,822 square foot lot, zoned ME, presents a unique opportunity for industrial development in Reno, Nevada. Located at 1925 Timber Way, 89512, this single-tenant property offers 20,500 square feet of vacant land, ideal for constructing a new facility. The property's strategic location within Reno provides excellent access to major transportation routes, ensuring seamless logistics and distribution. The "ME" zoning designation allows for a variety of industrial uses, providing flexibility for potential tenants. This expansive lot offers ample space for building and potential expansion, making it an attractive investment for businesses seeking a prominent presence in the thriving Reno industrial market. With its significant size and prime location, this property represents a rare opportunity to establish a substantial industrial footprint in a rapidly growing area. The property is currently vacant and ready for immediate development, allowing for quick occupancy and a swift return on investment. Interested parties are encouraged to act quickly on this exceptional opportunity. The latitude and longitude coordinates are 39.549584, -119.805816 respectively.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,343,508
    Hospitality
    $6,726,614
    Educational
    $5,596,464
    Medical
    $5,788,934
    Retail
    $8,705,610
1925 Timber Way, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5496
Longitude
-119.806
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,215
$104,588
-
$104,588
-
$298,823
-
$298,823

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