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0 Damonte Ranch Parkway - Commercial Pad 1.43 Acres of Commercial Land Offered at $2,172,304 CAD in Reno, NV 89521
INVESTMENT HIGHLIGHTS
- Located near the premier master planned community of Damonte Ranch
- Finished pad is located adjacent to 985 Damonte Ranch & a multitenant retail center with prime tenants
- More than 244,000 square feet of retail, restaurant, and bar space - Will house Ridgeline, Inc.’s new tech campus and its estimated 1,500 employees
EXECUTIVE SUMMARY
• Parcel Size: 1.429 Acres (62,247 SF)
• Finished Pad Measurements: ±91' x ±70'
• Zoning: Planned Development – Inquire listing Brokers
• Uses: Office/Medical
• Max Building Size on Pad: 18,150 SF max of 3 stories
• Parking: ±79 parking spaces in place
(4.35:1000 at max building size)
• Utilities: Utilities to site, buyer to confirm
• Associations: Located within commercial associations
– Inquire listing Brokers for additional details
Sale Price: $25/PSF ($1,556,181)
BTS Rate: Contact for Pricing
PROPERTY FACTS
| Price | $2,172,304 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Office |
| No. Lots | 1 | Total Lot Size | 1.43 AC |
| Property Type | Land | ||
| Zoning | PUD - Land Size: 1.429 Acres Land Size: 62,247 Square Feet Zoning: Planned Development – Inquire w/ Brokers Use: Office/Medical Max Building Size: 18,150SF | ||
| Price | $2,172,304 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 1.43 AC |
| Zoning | PUD - Land Size: 1.429 Acres Land Size: 62,247 Square Feet Zoning: Planned Development – Inquire w/ Brokers Use: Office/Medical Max Building Size: 18,150SF |
1 LOT AVAILABLE
Lot
| Price | $2,172,304 CAD | Lot Size | 1.43 AC |
| Price Per AC | $1,519,944.19 CAD |
| Price | $2,172,304 CAD |
| Price Per AC | $1,519,944.19 CAD |
| Lot Size | 1.43 AC |
Downtown Damonte is a new mixed-use project in south Reno that was announced in 2022. This DiLoreto Companies and Nevada Pacific Development Corporation project will include residential, retail, restaurant, mixed-use office, and a technology campus.
DESCRIPTION
Colliers is pleased to present a rare opportunity to purchase an office parcel in South Reno. The 1.429 acre parcel with finished pad is build ready for an office or medical user. The property has parking in place and is landscaped with utilities to the site. The property is located within Damonte Ranch and next to 985 Damonte Ranch one of south Reno’s finest office buildings as well as a multitenant retail center with prime tenants including Home Depot, Safeway, RC Willey, CVS, Starbucks, Northern Nevada Medical Center and numerous restaurants and professional and personal services in the Damonte Ranch Trade Center. The property is located across from Downtown Damonte. In addition, it offers outstanding access to I-580, Double R Boulevard and other major thoroughfares.
PROPERTY TAXES
| Parcel Number | 140-213-15 | Improvements Assessment | $87,931 CAD |
| Land Assessment | $373,639 CAD | Total Assessment | $461,571 CAD |
PROPERTY TAXES
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0 Damonte Ranch Parkway - Commercial Pad
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