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9050 Double R Blvd - Double R 64.44 Acres of Residential Land in Reno, NV 89521
Investment Highlights
- infill development opportunity
- direct access to hiking trails and BLM land
- Premium unobstructed views of South Reno Valley and Sierra Nevada Mountains
- last remaining large multifamily zoned site
- Heavy day time traffic
- Conveniently located
Property Facts
1 Lot Available
Lot
| Lot Size | 64.44 AC |
| Lot Size | 64.44 AC |
MF30 - up to 30 units per acres. Preliminary site plan designed for 352 multifamily units.
Description
Double R represents a rare South Reno infill development opportunity and one of the last remaining large multifamily-zoned sites in the submarket. The property features a preliminary site plan designed for 352 multifamily units and is surrounded by BLM land with direct access to an extensive hiking trail system. Residents will enjoy premium, unobstructed views of the South Reno Valley and the Sierra Nevada mountains while benefiting from a highly accessible location just minutes from South Reno's major employment centers, medical offices along Reno Corporate Drive, premier retail services, Meadowood Mall, and Interstate 580. The site is also conveniently located near both Northern Nevada Medical Center and Renown Health facilities. Positioned within one of Northern Nevada's strongest multifamily markets, the property benefits from high rental rates, low vacancy levels, and an affluent surrounding housing market with average new home prices of approximately $876,000, supporting long-term demand for quality multifamily housing.
