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511 Lake St 0.32 Acres of Commercial Land Offered at $950,000 in Reno, NV 89501
INVESTMENT HIGHLIGHTS
- Great Zoning
- Near University of Nevada Reno
- Reno Downtown Location
EXECUTIVE SUMMARY
This .32 Acre lot in downtown Reno in the path of UNR expansion offers one of the most flexible zonings (mu-ed) allowing for maximum density with a wide variety of allowed uses. Sale is for 2 lots, APNSs(007-501-04 & 05).
PROPERTY FACTS Under Contract
| Price | $950,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.32 AC |
| No. Lots | 1 | Cross Streets | 5th and Lake Street |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MD-ED - Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maxi | ||
| Price | $950,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.32 AC |
| Cross Streets | 5th and Lake Street |
| Opportunity Zone |
Yes |
| Zoning | MD-ED - Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maxi |
1 LOT AVAILABLE
Lot 007-501-04
| Price | $950,000 | Lot Size | 0.32 AC |
| Price Per AC | $2,968,750.00 |
| Price | $950,000 |
| Price Per AC | $2,968,750.00 |
| Lot Size | 0.32 AC |
This.32 Acre lot in downtown Reno in the path of UNR expansion offers one of the most flexible zonings (mu-ed) allowing for maximum density with a wide variety of allowed uses. Sale is for 2 lots, APNSs(007-501-04 & 05)
DESCRIPTION
Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maximum density and a wide variety of allowed uses. Sale is for 2 lots, APN (007-501-04 & 007-501-05). Status of all utilities at site or available is unclear.
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $109,579 | Total Assessment | $109,579 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$109,579
Improvements Assessment
$0
Total Assessment
$109,579
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Blue Sierra Realty
511 Lake St
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