Technical
Financial
Distress signals
Property profile

Dandini Blvd Reno, NV 89433

FOR SALE
Other industrial land
Property ID
US62-0670083
176.08 ac lot
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of a 37-acre parcel of land zoned MS (based on Reno MS zoning regulations, which were updated in summer 2022). The zoning framework allows for the potential addition of units, subject to applicable regulatory requirements. Supporting due-diligence materials are documented as available, including geotechnical reports, a Phase 1 environmental assessment, and TMWA traffic impact studies. Utility coordination is anticipated to be required with the buyer or developer of the adjacent North parcel.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 176.08 ac (7,669,827 SF)
Zoning code ME
APN 035-011-01
UPID US62-0670083

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Dandini Blvd Reno, NV 89433
Reno metro RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

ME · Reno, NV
Zoning description

The ME district is intended to provide a mix of employment focused uses such as light manufacturing, processing, wholesaling, flex space, research and development, and offices. Secondary uses include supportive services…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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