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0 Stewart st - Future Stewart St Apartments 0.41 Acres of Commercial Land Offered at $475,000 in Reno, NV 89502
Investment Highlights
- Previous plans for development of 19 multifamily units
- Priced below comparable sales
- Ingress/Egress from Stewart St and Wilson Ave
Executive Summary
This vacant lot totaling 0.408+ acres is currently zoned GC 81 % and MF-14 19% (General Commercial and Multifamily 14 units per acre). The zoning does allow for multifamily development, and the lot is ready to build with previous plans in place to build 19 multifamily units. Priced below recent comparable sales.
Property Facts
| Price | $475,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | ||
| Zoning | GC/MF - General Commercial (GC) 81% / Multifamily 14 Units per Acre (MF14) 19% | ||
| Price | $475,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.41 AC |
| Zoning | GC/MF - General Commercial (GC) 81% / Multifamily 14 Units per Acre (MF14) 19% |
1 Lot Available
Lot
| Price | $475,000 | Lot Size | 0.41 AC |
| Price Per AC | $1,158,536.59 |
| Price | $475,000 |
| Price Per AC | $1,158,536.59 |
| Lot Size | 0.41 AC |
0.408+ acres located just off the corner of Wells Ave and Stewart St. Ingress egress from Stewart St and Wilson Ave.
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Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (86)
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0 Stewart st - Future Stewart St Apartments
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