EXECUTIVE SUMMARY
The highly developable subject property consists of 5 total acres and is situated just off of the Damonte Ranch Parkway Exit off Highway 580/395 and just East of Reno’s main thoroughfare, South Virginia Street. The subject property is strategically positioned in the area with many national retailers like Walmart, Starbucks, Dotty’s, CVS, O’Reilly’s, AT&T, H&R Block, Super Cuts, Sally’s Beauty Supply, Big O Tires, T-Mobile, UPS Store, Carl’s Jr, Kentucky Fried Chicken, Round Table Pizza, Qdoba, and Firehouse Subs all within a quarter mile of the property.
Demographics are very strong and the property lies in a high-income area with an average household income of over $150,000 within a 3-mile radius. There are very high daily traffic counts nearby with many luxury car dealerships such as Mercedes-Benz, BMW, Porsche, Volvo, and Acura in the vicinity. This location would be ideal for any multifamily and commercial development and provides easy access to Incline Village, Mt. Rose, and Lake Tahoe.
This property assemblage is formed by 5 contiguous one acre land parcels and currently includes 4 total structures on the site: two principal houses, a large shop area, and a large garage outbuilding. The topography is flat and water rights are included. Contact Chase International today for more information.
WASHOE COUNTRY APN’s:
PROPERTY TAXES: $12,976.42 (COMBINED)
160-060-15 - 1.0 Acres (43,560 SF)
160-060-17 - 1.002 Acres (43,647 SF)
160-060-18 - 1.005 Acres (43,778 SF)
160-060-22 - 1.037 Acres (45,172 SF)
160-060-21 - 1.0 Acres (43,560 SF)
UTILITIES INFRASTRUCTURE
Electric Local Municipality (on site)
Sewer Local Municipality (on site)
Water Local Municipality (on site)
Trash Local Municipality (on site)
Natural Gas - Local Municipality (Available Adjacent Property)
Fiber: Available Adjacent Property
Corry Castaneda
Chase International
