1695 Marvel Way Reno, NV 89502
Meadowood NeighborhoodEstimated payment $3,609/month
Highlights
- View of Trees or Woods
- Corner Lot
- No HOA
- Damonte Ranch High School Rated A-
About This Lot
This unique, prime corner lot offers an incredible opportunity for multi-use development. Located at the intersection of Airway Drive and McCarran Boulevard, it benefits from high visibility and exposure to both major streets, making it ideal for commercial possibilities. The land’s strategic location ensures easy access for customers or clients and is perfect for businesses seeking prominent signage and traffic flow., The versatility of the space, combined with its proximity to key roads, sets it apart as a rare commercial asset. The Seller is offering a fantastic opportunity with construction plans for two buildings, each approximately 4,000 square feet, and provisions for around 30 parking spaces. These construction plans, valued at approximately $57,000, are included with the sale of the land. Access the lot from both Tyrone and Marvel.
Property Details
Property Type
- Land
Est. Annual Taxes
- $839
Lot Details
- 0.74 Acre Lot
- Property fronts an easement
- Corner Lot
- Level Lot
- Property is zoned MU
Property Views
- Views of Woods
Schools
- Donner Springs Elementary School
- Pine Middle School
- Damonte High School
Utilities
- No Utilities
- Water Rights
- Well
- Sewer Not Available
Listing and Financial Details
- Assessor Parcel Number 025-401-16
Community Details
Overview
- No Home Owners Association
- Reno Community
- Home Gardens Subdivision
Recreation
- Electricity Less than 500 Feet Away
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $839 | $41,650 | $41,650 | -- |
| 2024 | $839 | $39,270 | $39,270 | -- |
| 2023 | $778 | $35,700 | $35,700 | $0 |
| 2022 | $721 | $29,750 | $29,750 | $0 |
| 2021 | $669 | $23,800 | $23,800 | $0 |
| 2020 | $628 | $23,800 | $23,800 | $0 |
| 2019 | $599 | $20,825 | $20,825 | $0 |
| 2018 | $568 | $19,338 | $19,338 | $0 |
| 2017 | $547 | $17,850 | $17,850 | $0 |
| 2016 | $534 | $16,363 | $16,363 | $0 |
| 2015 | $402 | $14,280 | $14,280 | $0 |
| 2014 | $522 | $13,986 | $13,986 | $0 |
| 2013 | -- | $13,986 | $13,986 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Price Changed | $670,000 | -6.9% | -- |
| 02/04/2025 02/04/25 | For Sale | $720,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $300,000 | First Centennial Reno | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $65,000 | -- | |
| Bargain Sale Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Seller Take Back |
Source: Northern Nevada Regional MLS
MLS Number: 250001315
APN: 025-401-16
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