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580 Colorado River Blvd - Multifamily Lot For Triplex 0.14 Acres of Commercial Land Offered at $330,000 in Reno, NV 89502
Investment Highlights
- Plans in Place For All 2 Bedroom Units
- Can Sell Finished Triplex
- Short Distance to Reno Public Market
- Close to Wells and MidTown Districts
Executive Summary
The land is currently a vacant lot totaling 0.138+ acres currently zoned MF-14. The zoning allows for multifamily development and the lot is ready to build with previous plans in place to build 3 multifamily units. With electric on site, water and sewer to the street, and plans in place this flat site is ready to build. The owner is also open to building the triplex for an investor who wants a brand new tri-plex. Call for details.
580 Colorado River borders both the Wells rental submarket and MidTown Reno which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.
580 Colorado River borders both the Wells rental submarket and MidTown Reno which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.
Property Facts
| Price | $330,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MF-14 - 14 units per acre | ||
| Price | $330,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
| Zoning | MF-14 - 14 units per acre |
1 Lot Available
Lot
| Price | $330,000 | Lot Size | 0.14 AC |
| Price Per AC | $2,357,142.86 |
| Price | $330,000 |
| Price Per AC | $2,357,142.86 |
| Lot Size | 0.14 AC |
1 1
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 013-452-09 | Improvements Assessment | $1,245 |
| Land Assessment | $34,860 | Total Assessment | $36,105 |
Property Taxes
Parcel Number
013-452-09
Land Assessment
$34,860
Improvements Assessment
$1,245
Total Assessment
$36,105
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