1-9-19.Price Reduced Flyer
Transcript of 1-9-19.Price Reduced Flyer
SIERRA VISTA 206 Residential Approved Tentative Mapped Lots
North Valleys, Reno, NV ~ Out of Flood Plain
FOR SALE $3,605,000 206 lots - $17,500 per lot
206 Single Family Lots
INDUSTRIAL SHOPPING COMMUNITIES
25,000 ADT
Logisticenter 365 2.8 Million SF
No.Valleys Comerce Center
2.2 Million SF
SCHOOLS
O’Brien Middle School
North Valleys HS
Logisticenter II 1.6 Million SF
Stonefield Horizons Lennar (300 Homes)
North Valley Estates (252 Homes)
Lemon Valley Elementary
Prado Ranch (Proposed, Flood Issues)
Sierra Village DiLoreto (194 Homes)
Sierra Grande DR Horton (157 Homes)
North Peak Apts. (320 Apartments)
Regency Park Artisan (207 Homes)
North Valleys Shopping Ctr.
North Hills Shopping Ctr.
Shops at Lemon Valley
Vista Hills Shopping Ctr.
SIERRA VISTA
Stead Industrial 14 Million SF
Sage Point Business Park 1.5 Million SF
Reno
Sparks
SIERRA VISTA PROPERTY OVERVIEW:
Washoe County approved Tentative Map with TMWA water available
128.5 total acres with 97.58 acres of open space
Lot sizes ranging from 4,500 sf to 17,206 sf with 6,540 sf average
Booming North Valleys sub‐market with explosive residential, commercial, and industrial growth
Model park site immediately on Lemmon Drive
Minutes from Highway 395/Lemmon Drive exit
Out of the flood plain and free of any flood mitigation conditions
Market comparables & residual lot values project new home pricing in the $300’s
Foradditionalinformation,pleasecontact:
Christopher Capurro (775) 219-7452 [email protected]
The information contained herein was obtained from sources deemed to be reliable and true but has not been verified and as such cannot be warranted nor form any part of any future contract.
SIERRA VISTA FOR SALE $3,605,000 ~ $17,500 per lot Reno, Nevada 206 S.F. Approved Tentative Mapped Lots (Approx. 128.6 acres)
SUMMARY: Sierra Vista is a Washoe County approved Tentative Map of 206 single family lots in the North Valleys sub‐market of Reno, Nevada. It consists of 5 parcels totaling 128.6 acres. With final Civil Improvement Plans and Final Map submittals, Buyer can obtain approvals/permits and start grading in Spring 2019. Market comparables and residual lot values project new home pricing from the low $300’s. Lot sizes range from 4,500 sf to 17,206 sf with an average size of 6,540 sf. Ideal Model Park lots are located on and immediately visible to Lemmon Drive. The project is not in the flood plain and free of any of the flood mitigation conditions currently affecting many new residential projects in the North Valleys. Overall, the North Valleys sub‐market is experiencing explosive residential, commercial, and industrial growth as new employers such as Amazon, PetCo, GM Parts, Wal‐Mart, UPS, Volvo, Marmot, Michelin, Daimer, and Cardinal Health have moved into the area and an additional 9 million square feet of industrial distribution centers will be developed in the next 5 years.
Seller has assembled a Due Diligence Locker for qualified prospective Buyers containing the Tentative Map package, Conditions of Approval, engineering, cost estimates, maps, and other related project documents.
OFFERING: 206 Lots
Purchase Price: $3,605,000, $17,500 per lot
APN’s: 080‐635‐01, 13.59 ac. 080‐635‐02, 1.88 ac. 080‐730‐35, 26.89 ac. 080‐730‐21, 43.21 ac. 552‐210‐07, 43.01 ac. Total 128.58 ac.
Washoe County Approval: Tentative Map Case No. WTM18‐001
Water Not Included
Finished Lot Improvement Cost Estimates Available
Foradditionalinformation,pleasecontact:
Christopher Capurro (775) 219-7452 [email protected]