residential development site - loopnet

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This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. MULTIFAMILY PROPERTY HIGHLIGHTS Zoned For Single Family : 11 dwelling units, Multifamily : 23.9 dwelling units per acre (plus 10% variance) Acreage can be flexible in size and configuration Straight to site plan approval No impact approvals No utility approvals AVAILABLE WORK PRODUCT Environmental report Geotech Rough Grading plan Utilities delivered Full approved PUD Residential Development Site SPARKS, NV 89436 FOR SALE Golden Triangle Has Fully Approved Planned Development Handbook TED STOEVER 775.470.8854 [email protected] LIC N° S.0054176 KIDDER.COM ACRES FOR SALE ±9.47 *NOTE: SUBJECT SITE CAN BE SOLD AS WHOLE OR SEGMENT VISTA BLVD ±9.47 AC RESIDENTIAL DEVELOPMENT SITE GOLDEN TRIANGLE DEVELOPMENT

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Page 1: Residential Development Site - LoopNet

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

MULTIFAMILY PROPERTY HIGHLIGHTS

• Zoned For Single Family : 11 dwelling units, Multifamily : 23.9 dwelling units per acre (plus 10% variance)

• Acreage can be flexible in size and configuration

• Straight to site plan approval

• No impact approvals

• No utility approvals

AVAILABLE WORK PRODUCT

• Environmental report

• Geotech

• Rough Grading plan

• Utilities delivered

• Full approved PUD

Residential Development SiteSPARKS, NV 89436

FOR SALE

Golden Triangle Has Fully Approved Planned Development Handbook

TED STOEVER

[email protected] N° S.0054176

KIDDER.COM

ACRES FOR SALE±9.47 *NOTE: SUBJECT SITE CAN BE SOLD AS WHOLE OR SEGMENT

VISTA BLVD

±9.47 ACRESIDENTIAL

DEVELOPMENTSITE

GOLDEN TRIANGLE

DEVELOPMENT

Page 2: Residential Development Site - LoopNet

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

SPARKS, NV 89436

FOR SALE

Residential Development Site

VISTA B

LVD

VISTA DEL RANCH PKWY

PIONEER MEADOWS MARKETPLACE

±9.47 ACRESIDENTIAL

DEVELOPMENTSITE

Property Description±9.47 acres of residential development land. Single family detached, 11 lots per acre, Multifamily attached, 23 units per acre. “The Missing Middle.”

The 43.83± acre Golden Triangle Village property is located on the south side of Vista Boulevard, east of Vista Del Rancho Parkway and west of Peppergrass Drive in the Spanish Springs Valley. The site is within the Northern Sparks Sphere of Influence Master Plan (NSSOI) area and has a fully approved Planned Development Handbook. The property currently has a master plan designation of Mixed Use and is zoned New Urban District (NUD).

The PUD offers Residential (Multifamily and Single Family) and Non-Residential (Commercial) land use designations are allowed in the various development zones with the exception of Zone 5 which is the Common Open Space zone. Only one land use designation, however, may be established for each zone. Once a land use is established, permitted and conditional uses will be allowed pursuant to approved permitted and conditional uses. It is the intent of this handbook to allow flexibility in the exact final locations of the development zones in order to accommodate the ultimate design of each project.

This robust PUD allows the ability to offer multi-residential product types and site configurations. Since a traffic light will be required the project will offer two “hard” retail corners perfect for convenience stores and/or QSRs. Individual projects will proceed to either administrative review (all new construction), conditional use permit (only if required by the handbook), or parcel/tentative map process (single family residential subdivisions) as applicable and as further outlined in Section 20.005 Administration in the Sparks Zoning Code. All projects are subject to the requirements outlined in the handbook.

The property is being offered as a whole or in segments depending on the Buyer’s preference. In the even the property is subdivided, the Seller will create development agreements to define cost sharing and on-going maintenance of common areas. Pricing is dependent on size, use, and density. The listing broker will work with individual buyers on pricing matrix.

N

Page 3: Residential Development Site - LoopNet

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

Site Plan

SPARKS, NV 89436

FOR SALE

Residential Development Site

TED STOEVER

[email protected] N° S.0054176

GAS STATION±1.52 ACRES

GOLDEN TRIANGLE STORAGE

(SOLD)

AVAILABLECOMMERCIAL SITE

±1.19 ACRES

APARTMENTS±15.07 ACRES

AVAILABLERESIDENTIAL

DEVELOPMENT SITE±9.47 ACRES

VISTA B

LVD

Page 4: Residential Development Site - LoopNet

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

SPARKS, NV 89436

FOR SALE

Residential Development Site

CONCEPTUAL LAND USE DEVELOPMENT SUMMARYLand Use Designation Gross Acres Maximum Density Permitted Total Units Approx. Allowable SF

Residential

Total Maximum Single-Family Residential ±35.07 11.9 du/acre 361 N/A

Total Maximum Multi-Family Residential ±35.07 23.9 du/acre5 625 N/A

Non-Residential

Total Maximum Commercial 35.07 0.3 - 0.56 N/A 590,873

Common Open Space Area

20% of Site Area ±8.76 0 0 0

PERMITTED AND CONDITIONAL USE

Permitted Uses (X)PermittedOutright

Use Subject To CUP

Multi-Family Residential

Group residential care facilities, assisted living, senor housing (Life care or continuing care services) X

Multifamily residential (apartments) (23.9 du/acre maximum) X

Single Family Residential

Single family residence (attached - Duplexes, townhomes, condos) X

Single Family residences (detached) X

Non-Residential

Animal services (indoor) X

Athletic/health fitness club X

Athletic/Health Fitness Club over 3,000 square feet in size X

Automated teller machine, stand alone X

Banks/financial institutions including drive thru X

Car Wash X

Childcare centers X

Church or worship center X

Conveniences stores with or without gasoline sales X

Copy Center X

Drive Through businesses X

Gas station with or without convenience store X

General retail sales X

Grocer/Food Market X

Medical office, clinic, imaging, or laboratory X

Mini-warehouses (including outdoor vehicle parking) with or without caretaker quarters X

Personal Services (as defined by the City of Sparks Zoning Code) X

Page 5: Residential Development Site - LoopNet

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

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TRUCKEE RIVER

SPARKS

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NORTH VALLEYS

LEMMON VALLEY

GOLDEN VALLEY

SUN VALLEY

NORTHWESTRENO

HIDDENVALLEY

SPANISH SPRINGS

WATER - MAPS

DEMOGRAPHICS

2020 1 Mile 3 Miles 5 Miles

Population 6,264 52,717 129,086

Households 2,381 19,873 49,181

Median HH Income $95,325 $100,316 $88,622

Daytime Employment 286 5,650 20,842

RESIDENTIAL SETBACKS AND DENSITY REQUIREMENTS

Type Residential

Description The residential designations allows for single family and multi-residential development, including group residential care facilities. Typical uses in-clude attached and detached single family homes; multi-family complexes such as apartments and group residential facilities including assisted care and senior housing communities.

Land Use Type Multifamily Residential Single Family Residential

Maximum Density 23.9ac/du² 11.9du/ac

Building Height 65ft 30ft

Building Separation 0ft or 20 ft 0ft or 10 ft

Minimum Lot Size N/A 2,000 SF

Minimum Lot Width N/A 30 ft

Landscaping

Landscape Requirement 20% N/A4

Setback from Major Arterial

Vista Boulevard (Right of Way) 20ft 20ft

Building Setbacks From Property Line

Front (for main structure and porch) 10ft 10ft

Front to Garage N/A 20 ft3

Side 10ft 0ft or 5ft

Rear 10ft 15ft min.5

Building Projections See item 1 below See item 1 below

1 – Cornices, overhangs, chimneys, bay windows and eaves (maximum of 10 sf) may extend not more than two (2) feet into any required side or

rear setback. Decks, balconies and landings above the ground floor elevation of a building, exterior stairways, and portions of uncovered decks

or porches may extend not more than five (5) feet into any required, side or rear setback.

2 – Number of units/density is not applicable to assisted living, group residential care or senior residential retirement facilities.

3 – Setback may be reduced by 10% for attached developments including alley and/or side loaded garages that provide additional off-street

parking spaces.

4 – 20% Required for attached developments.

5 – If adjacent to Vista Boulevard a 20 foot setback is required.

SPARKS, NV 89436

FOR SALE

Residential Development Site

SUBJECT PROPERTY