0 Spearhead WayReno, NV 89506

For Sale
$2,390,000

8.76-acre prime development land

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8.76-acre property in Reno, Nevada, presents a remarkable investment opportunity. Located in the desirable Panther Valley area, this sloped land boasts stunning views and convenient access to Panther Valley Road and US395. Zoned SF8 64% / PGOS 36%, it allows for a 33-home cluster development, leaving over 3 acres of open space. The strategic location within Reno's thriving market makes this a versatile canvas for various real estate ventures. The property's address is 0 SPEARHEAD, Reno, NV 89506. The lease expires September 24, 2025. This prime land offers a unique blend of residential and commercial potential, making it an ideal investment for developers seeking a high-growth area with significant development possibilities. The asking price is $2,390,000. The property's unique zoning and expansive size provide a rare opportunity to create a thriving community while preserving a significant portion of natural open space. This is a truly exceptional opportunity to capitalize on Reno's robust real estate market.

Highlights

  • 8.76-acre parcel zoned SF8 64%/PGOS 36% in Reno, NV.
  • Permits a 33-home cluster development with over 3 acres of open space.
  • Prime investment opportunity in the desirable Panther Valley area.
  • Strategically located in Reno's thriving real estate market.
  • Versatile development potential for residential and commercial ventures; asking price $2,390,000.

Property Details for 0 Spearhead Way

Property type
Other land, Land
Lot Size (sq. ft)
381,586 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.592854132978
Longitude
-119.81277331925
Spearhead Way, Reno, Nevada

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0 Spearhead Way
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