89512 Homes with Other Other Structures

89512 Homes with Other Other Structures

Welcome to the vibrant and diverse community of Reno, Nevada, specifically the charming zip code 89512. Nestled in the scenic Washoe County, this area is known for its breathtaking mountain views and proximity to the stunning Sierra Nevada range. Reno has earned the nickname "The Biggest Little City in the World," and for good reason. With a lively arts scene, a rich history, and a plethora of outdoor activities, 89512 offers a unique blend of urban convenience and natural beauty.

Homes in the 89512 zip code vary widely, catering to a range of lifestyles and preferences. From cozy single-family residences to spacious properties with other structures, you’ll find the perfect place to call home. Many properties in this area come equipped with additional structures, such as guest houses, workshops, or even studios, providing ample opportunities for creativity and versatility. Whether you’re looking to host family and friends or seeking a dedicated space for your hobbies, these homes offer flexibility that is hard to find elsewhere.

Reno’s 89512 area also boasts excellent access to local amenities, including parks, schools, and shopping centers. The community is known for its friendly atmosphere, making it an ideal place for families and individuals alike. With a wealth of recreational activities, including hiking, biking, and skiing just a short drive away, you’ll find endless opportunities to explore the great outdoors.

Discover the charm and potential of Reno’s 89512 zip code, where your dream home awaits!

Newest 89512 Homes with Other Other Structures

$375,000
6 Beds 2 Baths 250056342 MLS
Exceptional investment and development opportunity in Reno's Downtown-University District. This listing is one of two contiguous parcels (Only being sold together. See also, MLS#250056342) at 336 & 344 East 7th Street, just blocks from the University of Nevada, Reno. Combined, the lots total approximately 12,600 sq. ft. (0.29 acres) and are zoned MD-UD (Mixed-Use Downtown - University District), one of Reno's most progressive zoning designations designed to encourage university-supportive housing, retail, and innovation uses. City Planning confirms no entitlements are required for the proposed conceptual project. Zoning allows a Floor Area Ratio of 3.0 to 4.0, which supports approximately 37,800 to 50,400 buildable square feet. There is no height limit under MD-UD zoning. Setbacks include 12 feet at the front and zero at the sides and rear (5 feet if abutting residential). Parking requirements are zero. Bicycle storage requirements are approximately 1.5 spaces per unit; a 115-unit concept would require about 170 secured bike spaces. A recent feasibility study highlights a conceptual plan as a four-story student-focused housing project of approximately 45,000 sq. ft., with an efficient mix of 75 studios (300 sq. ft.) and 40 one-bedrooms (500 sq. ft.), totaling about 115 units. Market rents in the University District average 1,100 for studios and 1,400 for one-bedrooms, supporting gross annual income of approximately 1.66M and net operating income of about 1.16M after 30 percent expenses. Projected development costs, including land and construction at 300 per sq. ft., are estimated around 14.5M, supporting an 8 percent return on cost. This is only a conceptual plan and not to be relied on as factual. The site benefits from its prime location near UNR, Midtown, and Downtown Reno, excellent access to transit, and proximity to retail, dining, and educational amenities. With by-right zoning, zero parking requirements, and strong rental demand from students and young professionals, this is a rare opportunity to deliver a high-yield urban infill project in one of Reno's most dynamic submarkets.

336 E 7th St, Reno

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Data last updated on 06/28/2017.

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