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Property profile & analytics
FOR SALE
Mixed-use properties

5435 N Virginia St Reno, NV 89506

Property ID
US62-0433243
Property summary
AI-generated overview

Exceptional investment opportunity in Reno, Nevada! This expansive 11.56-acre property comprises four parcels (APN: 08254023, 08254024, 08254001, 08254002) located at 5435 N Virginia St, 89506, Washoe County. The offering includes two 5-acre vacant land parcels zoned SF3, and two additional parcels, each with a mobile home (built in 1970 and 1977 respectively), totaling 1.4 and 0.16 acres. These latter two parcels are zoned MS (mixed-use suburban). The property also features multiple detached storage sheds and a unique two-story, 4+ car garage/shop. Enjoy stunning views and the potential for diverse development or creation of a private compound. The property borders BLM land, offering additional recreational possibilities. All four parcels are being sold together "AS IS," with no repairs or improvements to be made by the seller. The buyer assumes responsibility for the existing structures and personal property in their current condition, with no warranties implied. All boats and a 4x4 Chevy Blazer must be removed prior to closing. The asking price is $2,026,000. Taxes shown reflect the total for all four properties. Don't miss this rare chance to acquire a significant land holding in a prime Reno location.

Property profile
Verified
Property type Mixed-use properties
UPID US62-0433243
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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