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Jennifer Cross

jencross1998@gmail.com +1(775) 247-4461

$ 750,000

Est. payment | -/mo

7,840 Sqft Lot

Save

$ 750,000

Est. payment | -/mo

Save

7,840 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision University Addition

MLS Listing ID 260012479

Annual Tax Amount $888

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 0.18

Property Description

An opportunity waiting for the right developer. Open to multiple units, so far the research says 28. Plans for a new building have been started, lots of engineering done. Soils, Phase 1environmental, seismic study, area plan overlay, etc. Let's sit down and talk about it. University is across the street, housing desperately needed for students. Existing building is a teardown, maybe, and sold at no value. Water rights represented as 12 "hookup" rights, could be negotiated with water budget engineering to increase. Lots to talk about here.

Location

State NV

County Washoe

Community University Addition

Area University Addition

Zoning MF30

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage

View Y/N Yes

View City, Mountain(s), Valley

Building

Water Public

Schools

Elementary Schools Elmcrest

Middle Schools Clayton

High Schools Reno

Others

Tax ID 007-153-17

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by NextHome Yourpickettfence Group

Schools and Properties Nearby

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+1(775) 247-4461

jencross1998@gmail.com

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1035 N Sierra ST Reno, NV 89503