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9722 Virginia St
Reno, NV 89511 Outer South Reno

$2,235,000 USD

Land For Sale  •  1.9 AC

Property Details

  • Property Type Land
  • Lot Size 1.9 AC
  • Zoning Mixed Use Suburban
26 Transit Score
44 Walk Score

Description

This ±1.9-acre property, adjacent to the Tesla dealership on Reno’s S. Virginia Street, offers a prime development opportunity. Benefiting from high visibility with 124,000 daily freeway traffic counts and a strong local demographic with an average household income of $140,811 within a three-mile radius, the site is ideally suited for a variety of commercial developments such as office, flex, retail, storage, and some residential uses. (Self storage and mini-storage are also allowed, but require a conditional use permit.) The site offers easy access to regional attractions due to its strategic location near businesses and major thoroughfares. 

The property is ideally situated within the thriving South Meadows trade area, a key component of Reno’s Southwest submarket. Specifically, it’s located in the affluent suburb of South Reno, surrounded by a vibrant commercial and retail environment. The location within the developing Scandia Campus and adjacent to the Foothill Commerce Center creates a synergistic business environment.

Highlights

Highly visible premier mixed-use zoned development site along I-580 in South Reno.
Mixed use zoning allows for a wide range of uses including commercial development of office or flex, multifamily, or self-storage, among others.
Seller planned to develop for their own use as headquarters location.
Significant recent cap ex in dirt work, compaction, relocation of NV Energy tower, among others.
High traffic counts with over 124,000 average daily vehicles
Easy access to major thoroughfares and the Reno/Tahoe International Airport.

Public Transportation

Commuter RailDriveWalkDistance
Reno (California Zephyr - Amtrak) 16 min - 8.3 mi
AirportDriveWalkDistance
Reno/Tahoe International 13 min - 5.8 mi
Aiman Noursoultanova 775-233-7049 CBRE, Inc.
Aiman Noursoultanova 775-233-7049 CBRE, Inc.