1955 Coleman Rd - Residential LAND FOR SALE


Fallon, NV 89406 1,350,360 SF
$5,500,000 USD
775-233-7049
1955 Coleman Rd, Fallon, NV for Sale
$5,500,000 USD
Residential LAND - FOR SALE
1/7
1,350,360 SF

1955 Coleman Rd
Fallon, NV 89406


HIGHLIGHTS

  • Rare, large fully entitled development site in a growing market
  • Situated near major employment centers including Fallon Naval Base, home of Top Gun
  • Strong Regional Job Growth from Port of Nevada, Tesla, Panasonic
  • Proximity to major transportation corridor
  • Development Ready Site. All utilities to site; development studies completed.

OVERVIEW

Riverstone Apartments development is a 444-unit development opportunity consisting of a 31-acre site located just north of Coleman Road. The project is entitled for a garden style apartment community featuring 17 three-story buildings, a clubhouse with a gym and a leasing office. Additional amenities would include children’s playground, a network of recreation trails and open space, a dog park, and a swimming pool, among others. The property could alternatively be developed into a single-family community due to tight housing availability but will require City’s approval. Churchill County is facing a severe housing shortage within an area projected for strong economic development and a significant increase in job opportunities. This project will satisfy the strong need for apartment housing in the area.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/ACRE

$177,419/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Riverstone Apartments

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Single Family Development

LAND ACRES

31 AC

LAND SF

1,350,360 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Telephone

ZONING

R3

APN/PARCEL ID

008-30-111,008-30-112,010-611-53

ASK ABOUT THIS PROPERTY

Aiman NoursoultanovaCBRE, Inc.More Info
775-233-7049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Aiman NoursoultanovaCBRE, Inc.More Info
775-233-7049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.