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US Hwy 395 & Lemmon Dr
Reno, NV 89506
Lemmon Dr. Mixed Use Site · Land For Sale
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4.00 AC
INVESTMENT HIGHLIGHTS
- The property has prominent freeway visibility and access.
EXECUTIVE SUMMARY
The property has prominent freeway visibility and access. It is located directly on the on/off ramps of the 395 Highway interchange adjacent to shopping centers that include anchor tenants Walmart, Smiths, Grocery Outlet, Big Lots, CVS Pharmacy, and True Value Hardware. These act as huge traffic generators for the neighboring area and the population entering from the California border. A number of national chain tenants saturate the area including McDonalds, Starbucks, Jack in the Box, Qdoba, Pizza Hut, Papa Murphy's, Dickey's Barbeque Pit, Port of Subs, Bank of America, Wells Fargo, AT&T, UPS, Sally Beauty Supply, Allstate Insurance, H&R Block, and many more. These national names have created a trend in the area that have put North Valleys on the map--and is only expected to continue to grow in the next several years.
North Valleys is home to multiple Fortune 500 companies which employ thousands of workers in the region. An estimated 20,536 homes are currently under construction as depicted on the map index. A total of 748 single family residences have been sold from June 2017 to June 2018. The housing vacancy continues to decline as people continue to move into the area.
North Valleys is home to multiple Fortune 500 companies which employ thousands of workers in the region. An estimated 20,536 homes are currently under construction as depicted on the map index. A total of 748 single family residences have been sold from June 2017 to June 2018. The housing vacancy continues to decline as people continue to move into the area.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 4.00 AC |
| Zoning | MUNV | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.00 AC |
| Zoning | MUNV |
1 LOT AVAILABLE
Lot
| Lot Size | 18.89 AC |
| Lot Size | 18.89 AC |
The property has prominent freeway visibility and access. It is located directly on the on/off ramps of the 395 Highway interchange adjacent to shopping centers that include anchor tenants and retailers.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,842 CAD | |
| Land Assessment | $1,007,413 CAD | Total Assessment | $1,011,254 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,007,413 CAD
Improvements Assessment
$3,842 CAD
Total Assessment
$1,011,254 CAD
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