18500 Reno Park Blvd Reno, NV 89508
This exceptional 20.189-acre commercial and industrial development site in Reno, Nevada, is offered at $2,100,000 ($113,923/acre). Boasting 907,355 square feet ($2.31/sq ft), the property enjoys breathtaking 360-degree views of the mountains and White Lake. Strategically located at 18500 S Reno Park Blvd, Reno, NV 89508, it offers high visibility and convenient access with 785 feet of frontage on US Hwy 395 N and 1,171 feet on S Reno Park Blvd. All utilities are on-site, and 1.75 acre-feet of water rights are included. The versatile zoning allows for diverse uses, including NC (64%), GR (35%), and PSP (1%), accommodating various commercial and industrial projects, from manufacturing facilities and office buildings to retail centers and hotels. Its proximity to the Panattoni 140 AC MAX industrial project and Lifestyle Homes Master Planned Community, along with a growing residential population (over 10,000 units nearby) and new schools (Grade, Middle, and planned High School), presents a compelling investment opportunity in Reno's thriving commercial market. The APN is 081-210-24.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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