This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
This Land Property is no longer advertised on LoopNet.com.

614 W 5TH ST
Reno, NV 89503
 5th Street Assemblage · Land For Sale · 1.98 AC

Commercial Land Parcels Nevada Reno 614 W 5TH ST, Reno, NV 89503

INVESTMENT HIGHLIGHTS

  • Prime multifamily location in the heart of the new $1.8 Billion dollar Neon Line District.
  • Significant market demand for urban multifamily housing.
  • Average rental rates hit another market record at $1,632 or an increase of 24% quarter over quarter since Q1 2019.
  • Walking distance to downtown amenities and 1 mile from the University of Nevada Reno
  • Market vacancy rates at or under 3% since Q1 2019.

PROPERTY FACTS

Property Type Land Total Lot Size 1.98 AC
Property Subtype Commercial No. Stories 2
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Zoning MD-NWQ
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 1.98 AC
No. Stories 2
Zoning MD-NWQ

PROPERTY TAXES

Parcel Numbers
Multiple
  • 007-541-05
  • 007-273-05
  • 007-273-29
  • 007-273-02
  • 007-273-04
  • 007-273-01
  • 007-273-03
  • 007-273-22
  • 007-273-21
 Improvements Assessment $41,693
Land Assessment $669,475 Total Assessment $711,167

PROPERTY TAXES

Parcel Numbers
Multiple
  • 007-541-05
  • 007-273-05
  • 007-273-29
  • 007-273-02
  • 007-273-04
  • 007-273-01
  • 007-273-03
  • 007-273-22
  • 007-273-21
Land Assessment
$669,475
Improvements Assessment
$41,693
Total Assessment
$711,167
 

  • Listing ID: 24492679

  • Date on Market: 11/15/2021

  • Last Updated:

  • Address: 614 W 5TH ST, Reno, NV 89503

More public record information on 614 W 5TH ST, Reno, NV 89503

The Downtown Reno Land Property at 614 W 5TH ST, Reno, NV 89503 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
614 W 5TH ST, Reno, NV for sale Aerial- Image 1 of 1
Aerial

Connect with us

© 2026 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.