Residential Land for Sale in Reno, Nevada
1035 N Sierra St Reno, NV 89503
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$1,159,000
0.18 acres
Active sale$41k dropEst $8,731/mo
Prime Multi-Family Infill Lot Near UNR! (MF) zoning districts are eligible for a density BONUS! Therefore this .18-acre flat lot comes with preliminary architectural site plan for 28-unit midrise apartment complex. UNR area has an overlay on this LOT only requiring a 50% parking ratio which shows in the plans. Water & sewer for 13 units already approved, adding significant value. Owner financing available w/interest-only payments at slightly below market rates for a term of approximately three years.
Property details
- County
- Washoe County
- Elevation
- 4,577 feet
- MLS Number
- NNRMLS 240007821
- Date Posted
Parcels
- 007-153-17
Property taxes
- Year not provided
- $824
Detailed attributes
Listing
- Type
- Lots And Land
Lot
- Views
- City, Mountain, Valley
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Elmcrest | Elementary | — | — |
Clayton | Middle | — | — |
Reno | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 17, 2024 | Price drop | $1,159,000 | $41,000 -3.4% | NNRMLS |
June 22, 2024 | New listing | $1,200,000 | — | NNRMLS |
Payment calculator
Lori Gemme
NVG Properties
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