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30 W Taylor St - MIdTown Multifamily Development Site 0.08 Acres of Commercial Land Offered at $195,000 in Reno, NV 89509
Investment Highlights
- Incredible MidTown Location
- Previous plans to build 6 multifamily units
- Can be sold along with 12 & 22 W Taylor which is listed separately
Executive Summary
The asset is currently a vacant lot totaling 0.081+ acres currently zoned MU-MC (Mixed Use MidTown Commercial). The zoning does allow for multifamily development and the lot is ready to build with previous plans in place to build 6 multifamily units. Since this site is located within 1 block of S Virginia St, the site does allow for unlimited height/unlimited density and a developer can go up to 5 stories without a major project review. This is a flat site that was previously part of 12 and 22 W Taylor St.
The parcel is located within Reno’s popular MidTown District. Being in the heart of Reno’s MidTown District makes this a very desirable rental for a developer. The building is located 1 block from South Virginia St. and provides a great live – work – play lifestyle, providing easy access to all Northern Nevada’s most popular events, restaurants, coffee shops, and bars.
The parcel is located within Reno’s popular MidTown District. Being in the heart of Reno’s MidTown District makes this a very desirable rental for a developer. The building is located 1 block from South Virginia St. and provides a great live – work – play lifestyle, providing easy access to all Northern Nevada’s most popular events, restaurants, coffee shops, and bars.
Property Facts
| Price | $195,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Property Type | Land | ||
| Zoning | MUMC - MIXED-USE MIDTOWN COMMERCIAL | ||
| Price | $195,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.08 AC |
| Zoning | MUMC - MIXED-USE MIDTOWN COMMERCIAL |
1 Lot Available
Lot
| Price | $195,000 | Lot Size | 0.08 AC |
| Price Per AC | $2,437,500.00 |
| Price | $195,000 |
| Price Per AC | $2,437,500.00 |
| Lot Size | 0.08 AC |
Flat site half a block from S. Virginia St in Reno's MidTown district.
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 011-331-11 | Improvements Assessment | $1,252 |
| Land Assessment | $35,764 | Total Assessment | $37,015 |
Property Taxes
Parcel Number
011-331-11
Land Assessment
$35,764
Improvements Assessment
$1,252
Total Assessment
$37,015
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30 W Taylor St - MIdTown Multifamily Development Site
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