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Property profile & analytics
FOR SALE
Investment properties

350 N Park St Reno, NV 89512

900 SF 0.84 ac lot Built 1950
Trust Owned Free & Clear
Property ID
US62-0319752
Property summary
AI-generated overview

This exceptional 36,454 square foot lot, located at 350 N Park St, Reno, NV 89512 (APN 008-246-09), presents a unique multifamily and mixed-use development opportunity in the heart of downtown Reno. The property is zoned MU, allowing for a variety of commercial and residential uses. Its prime location offers easy access to public transportation, parks, cultural attractions, and the University of Nevada, Reno. The site's zoning and location are ideal for high- or mid-rise multifamily residential construction, with "Four or Five Story over Podium Garage" designs being particularly suitable for this area. The asking price is $1,531,068, representing a land value of $42 per square foot. Seller financing options are available, making this an attractive investment opportunity for developers seeking a prime location in a thriving urban environment. This infill development site offers significant potential for creating a vibrant and valuable addition to the Reno cityscape. The Washoe County location provides access to a robust infrastructure and a growing population. This is a rare chance to acquire a substantial parcel in a highly desirable downtown area.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Construction METAL FRAME
Total area 900 SF
Lot 0.84 ac (36,454 SF)
Zoning code MUID 67% / MU 33%
APN 008-246-09
UPID US62-0319752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Spearhead Family Trust
Spearhead Family Trust
since 2025
Last sale
$1.3M
4 recorded transactions
2025
Price N/A
2025
$1.3M
2009
Price N/A
2008
Price N/A
Zoning & alternative use
MUID 67% / MU 33% · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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