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0 Newport Ln 12.36 Acres of Commercial Land Offered at $4,750,000 in Reno, NV 89506
Investment Highlights
- Billboard on site generating income
- Frontage on US Hwy 395
Executive Summary
This ±12.366-acre land offering presents a rare opportunity to acquire a sizable development site in the heart of Reno. With valuable frontage along U.S. 395, the property enjoys exceptional visibility and connectivity to the region’s major transportation corridors. While currently positioned for residential development, the property’s size and location open the door for a range of potential uses given the ongoing shortage of developable land in the area.
Strategically situated near the urban core, the site benefits from proximity to established neighborhoods, employment centers, and retail amenities. Access improvements will need to be evaluated as part of the planning process, but the property’s location and frontage create strong long-term positioning for a developer seeking scale, visibility, and flexibility in one of Reno’s most land-constrained markets.
Strategically situated near the urban core, the site benefits from proximity to established neighborhoods, employment centers, and retail amenities. Access improvements will need to be evaluated as part of the planning process, but the property’s location and frontage create strong long-term positioning for a developer seeking scale, visibility, and flexibility in one of Reno’s most land-constrained markets.
Property Facts
| Price | $4,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 12.36 AC |
| Property Type | Land | ||
| Zoning | LLR1 | ||
| Price | $4,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 12.36 AC |
| Zoning | LLR1 |
1 Lot Available
Lot
| Price | $4,750,000 | Lot Size | 12.36 AC |
| Price Per AC | $384,304.21 |
| Price | $4,750,000 |
| Price Per AC | $384,304.21 |
| Lot Size | 12.36 AC |
Description
Marietta Industrial Park offers a range of functional industrial flex spaces designed to accommodate warehouse, office, showroom, and service-oriented users. The property features grade-level drive-in doors, clear heights of up to 14 feet, three-phase power, ample parking, and select fenced yard areas. Conveniently located near Interstate 80, Reno-Tahoe International Airport, and major shipping and logistics providers, the park offers strong regional access for businesses serving the Reno-Sparks market.
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 082-615-13 | Improvements Assessment | $0 |
| Land Assessment | $86,562 | Total Assessment | $86,562 |
Property Taxes
Parcel Number
082-615-13
Land Assessment
$86,562
Improvements Assessment
$0
Total Assessment
$86,562
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0 Newport Ln