Vacant Land New UNR For Sale

For Sale

0 Wells Avenue , Reno, NV 89512

This Reno property for sale is located at 0 Wells Avenue . The current listed sale price for Vacant Land New UNR For Sale is $12,000,000.

Contacts

broker
Reed Simmons

Avison Young - US - NV - Reno | Western Alliance Commercial Inc.

Property Details

  • Property Type Other
  • Property Size 469,141.2 SF
  • Date Updated May 2, 2025

This Wells Avenue project is one of the few remaining infill sites inside the McCarran Avenue ring. Consisting of 10.77 acres of a combination of MF30 and MU zoning, the location is ideal for multifamily housing. The tenant occupied area has a ground lease to an environmental recycle company with approximately 5 years remaining, which could allow for a developer to complete a project in two phases while receiving triple net rents on a portion of the site.

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Highlights

  • - Includes a ground lease for Reno Rendering.
  • Approximately 5 years remaining
  • Lease is triple net
  • Annual rent is $96,000
  • Lease has no options for renewal
  • Lease has right of first refusal
  • - Price includes 4 houses on Winston Dr. for purposes of access.

Getting around

  • 67/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 85/100

    Bike Score ®

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Location

  • City Reno, NV
  • Neighborhood Northeast Reno
  • Zip Code 89512
  • Market Reno

Points of Interest

  • Reno

    0.77 miles

  • Casino Tower, North Tram

    0.79 miles

  • Casino Tower, South Tram

    0.79 miles

  • Sky Tower, North Tram

    0.86 miles

  • Sky Tower, South Tram

    0.87 miles

  • Idlewild Park Train Ride

    1.92 miles

  • Chevron

    0.19 miles

  • 7-Eleven

    0.61 miles

  • Jacksons

    0.72 miles

  • ChargePoint

    0.74 miles

  • Tesla Supercharger

    0.88 miles

  • Tesla Destination Charger

    0.90 miles

  • Zippy Mart

    1.08 miles

  • M Food Mart

    1.23 miles

  • Shell

    1.33 miles

  • Arco

    1.35 miles

  • Silver 12

    0.40 miles

  • Metered Parking

    0.44 miles

  • Silver 1

    0.51 miles

  • Gateway Parking Complex

    0.57 miles

  • Silver 3

    0.59 miles

  • Silver 8

    0.60 miles

  • Silver 6

    0.60 miles

  • Hobey's Parking Garage

    3.19 miles

  • Motel 6

    0.03 miles

  • America's Best Travel Inn

    0.14 miles

  • Ramada by Wyndham Reno Hotel & Casino

    0.30 miles

  • Lucky Motel

    0.37 miles

  • Motel 8

    0.39 miles

  • Hi Ho Motor Lodge

    0.44 miles

  • Sutro Motel

    0.44 miles

  • Macgregor Inn

    0.52 miles

  • Economy inn

    0.54 miles

  • Ponderosa Lodge

    0.54 miles

  • US Foods Chef's Store

    0.93 miles

  • Sak 'N Save

    1.23 miles

  • Walmart Supercenter

    1.29 miles

  • Ross

    1.44 miles

  • WinCo Foods

    1.50 miles

  • Save Mart

    1.58 miles

  • Raley's

    1.62 miles

  • Asia Market

    1.62 miles

  • Marketon

    1.84 miles

  • Grocery Outlet

    1.84 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Reed Simmons

Avison Young - US - NV - Reno | Western Alliance Commercial Inc.

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