5435 N Virginia St Reno, NV 89506
For Sale
1 / 24
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.