Log In/Sign Up
Your email has been sent.
1980 Valley Rd - The Rock - Multifamily Land Assemblage 5.33 Acres of Residential Land in Reno, NV 89512
Investment Highlights
- Qualified Opportunity Zone with exponential growth to the University of Nevada, Reno
- Trophy Location in close proximity to The University of Nevada, Reno
- Land Planning and constraint maps are available
- Surveys, Geotech report, zoning data and various maps available
- TEC Engineering & Rubicon Design Group, good working knowledge of the project, completed surveys, design work of pedestrian pathways and bridge areas
- QCT – Affordable Housing Map (LITHC)
Executive Summary
The Rock is a six-parcel land assemblage totaling 5.333 acres situated on Valley Road at Dolly Drive in the heart of Reno’s university corridor — one of the region’s most supply-constrained multifamily submarkets. All six parcels carry MF-30 zoning, the City of Reno’s highest standard multifamily residential designation, supporting up to 30 dwelling units per acre by right. CALL FOR PRICING!
By-Right & Secondary Uses:
• Market Rate, Affordable (LIHTC), Student Housing
• Multi-Family Residential: Apartments, condominiums, mixed-income community
• Townhomes & Attached Housing: Fee-simple or for-rent attached units
• Duplexes, Triplexes & Quads: Smaller-scale multifamily permitted by right
• Limited Commercial & Retail: Neighborhood-serving commercial as accessory use
• Single-Family Residential: Permitted as secondary use within MF-30 district
• Parks & Schools: Community-serving open space & institutional uses
By-Right & Secondary Uses:
• Market Rate, Affordable (LIHTC), Student Housing
• Multi-Family Residential: Apartments, condominiums, mixed-income community
• Townhomes & Attached Housing: Fee-simple or for-rent attached units
• Duplexes, Triplexes & Quads: Smaller-scale multifamily permitted by right
• Limited Commercial & Retail: Neighborhood-serving commercial as accessory use
• Single-Family Residential: Permitted as secondary use within MF-30 district
• Parks & Schools: Community-serving open space & institutional uses
Property Facts
1 Lot Available
Lot
| Lot Size | 5.33 AC |
| Lot Size | 5.33 AC |
A Rare Assembled Infill Site in Established Northeast Reno.
Description
The site is immediately adjacent to existing student housing development to the south and benefits from full Valley Road frontage, proximity to the Orr Ditch greenway, and seamless access to regional arterials. With entitlements already embedded in the zoning, a developer can move directly into site planning and design. Assembled infill MF-30 land of this scale is extremely rare in Reno’s supply-constrained urban core. The combined site supports a 150+ unit community under base density.
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,102,946 CAD | Total Assessment | $1,102,946 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,102,946 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,102,946 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1980 Valley Rd - The Rock - Multifamily Land Assemblage
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.