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1151 Valley Rd - MULTI FAMILY OR STUDENT HOUSING DEVELOPMENT 0.21 Acres of Commercial Land Offered at $729,920 in Reno, NV 89512
INVESTMENT HIGHLIGHTS
- The projected land market price is $80.00 per square foot
- Corner Lot
- Zoning of MF30 per Assessor
- Major Artery access to the desired area
- Resideti al building and free-standing garage exist on site
EXECUTIVE SUMMARY
Johnson Group is pleased to offer the opportunity to purchase land for the development of student housing at to the University of Nevada. The enrollment of at the University is expected to reach 23,000 students by 2025, and 25,000 students by 2030
PROPERTY FACTS
| Price | $729,920 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MF30 | ||
| Price | $729,920 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.21 AC |
| Opportunity Zone |
Yes |
| Zoning | MF30 |
1 LOT AVAILABLE
Lot
| Price | $729,920 | Lot Size | 0.21 AC |
| Price Per AC | $3,484,803.64 |
| Price | $729,920 |
| Price Per AC | $3,484,803.64 |
| Lot Size | 0.21 AC |
DESCRIPTION
Johnson Group is pleased to offer the opportunity to purchase land for the development of student housing at to the University of Nevada. The enrollment of at the University is expected to reach 23,000 students by 2025, and 25,000 students by 2030.
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (84)
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1151 Valley Rd - MULTI FAMILY OR STUDENT HOUSING DEVELOPMENT
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