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1496-1500 S Virginia St 1.24 Acres of Commercial Land Offered at $6,115,500 CAD in Reno, NV 89502

Commercial Land Properties Nevada Reno 1496-1500 S Virginia St, Reno, NV 89502

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Executive Summary

Properties are located in the Opportunity Zone and the Reno Development District, adding value to this property.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $6,115,500 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Apartment Units
  • Restaurant
Sale Condition 1031 Exchange Total Lot Size 1.24 AC
No. Lots 1 No. Stories 1
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning MUSV
Price $6,115,500 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
  • Restaurant
Total Lot Size 1.24 AC
No. Stories 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning MUSV

1 Lot Available

Lot

Price $6,115,500 CAD Lot Size 1.24 AC
Price Per AC $4,931,854.72 CAD
Price $6,115,500 CAD
Price Per AC $4,931,854.72 CAD
Lot Size 1.24 AC

Prime development property in the Midtown District. This property is zoned mixed use with unlimited potential. The sale consist of 23 parcels 012-234-20,21,22. Property addresses include 1496 and 1500 S. Virginia Street. Total lot size 1.24 acres.

1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Numbers
Multiple
  • 014-234-20
  • 014-234-22
  • 014-234-21
 Improvements Assessment $105,602 CAD (2026)
Land Assessment $796,091 CAD (2026) Total Assessment $901,692 CAD (2026)

Property Taxes

Parcel Numbers
Multiple
  • 014-234-20
  • 014-234-22
  • 014-234-21
Land Assessment
$796,091 CAD (2026)
Improvements Assessment
$105,602 CAD (2026)
Total Assessment
$901,692 CAD (2026)
(775) 750-4353

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 39712605

  • Date on Market: 2026-03-09

  • Last Updated:

  • Address: 1496-1500 S Virginia St, Reno, NV 89502

The Midtown Reno Land Property at 1496-1500 S Virginia St, Reno, NV 89502 is currently available. Contact New Dimensions, Inc. for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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1496-1500 S Virginia St
(775) 750-4353 x

1496-1500 S Virginia St

Peter Bosco
(775) 750-4353

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