Active

877 Alder Avenue

Incline Village NV, 89451

$3,000,000


$57.01 per sqft

Active

52,620 sqft

Commercial

Gentle downslope vacant creekside lot with lake views! Across from Incline Village Hospital w/ central location half block from Raley's/Starbucks etc. Allowed Uses: multifamily, employee housing (affordable), food/beverage retail, eating/drinking places, prof offices, general merchandise store, or other similar commercial facilities. Ideal for the development of a 48-person Residential Care Facility. Zoning Allows Nursing and Personal Care or Residential Care use types. "Special Area 1" restrictions(see attached): max densities allowed 15 units/acre for multifamily/18 units/acre for affordable housing. Parcel size is 52,642sf, or 1.208 acres. Base allowable coverage is 15,204'. For multifamily & affordable projects TRPA allows an increase of coverage up to 50% of the total parcel, and up to 70% for commercial/retail. Coverage in excess of the base allowable coverage needs to be purchased & transferred to the site. See attached NV Land Bank Pricing. Buyer to verify all details herein.

1013842

MLS ID

June 7, 2023

Listed

February 16, 2024

Updated

Map

877 Alder Avenue
Incline Village NV, 89451

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.21 Acres


Lot Features

Stream/Creek, Wooded

Other Property Details

Area Name

Central North of Hwy 28


Taxes

$3,023


Tax Frequency

Annually


Days on Market

84


Garage

No


View

Yes


View Description

Lake, Creek/Stream, Trees/Woods


County

Washoe County


Pool

No


Buyer Agency Compensation

3%

 

Courtesy of Coldwell Banker Select

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Overall & Hamilton Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:35 AM UTC, 2/16/2024

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