511 Lk St Reno, NV 89501-1017

This exceptional 0.32-acre commercial land parcel presents a unique investment opportunity in the heart of downtown Reno, Nevada. Strategically located in the projected path of the University of Nevada, Reno (UNR) expansion, this level lot offers significant potential for high-density development. The property boasts MD-ED zoning, allowing for a wide range of uses and maximum buildable density, making it ideal for various commercial ventures. The sale encompasses two contiguous lots, identified by Assessor's Parcel Numbers (APN) 007-501-04 and 007-501-05, providing a combined area of 0.32 acres. Situated at 511 Lake Street, Reno, NV 89501, this property benefits from its prime location within a dynamic urban environment. The flexible zoning regulations, combined with the anticipated growth spurred by UNR's expansion, position this land for substantial future appreciation. This is an exceptional chance to acquire a highly versatile and strategically located property in a rapidly developing area of Reno. The asking price for this exceptional development opportunity is $950,000.