Check Availability
$3,000,000
Commercial - For Sale

877 Alder Avenue

Incline Village, NV 89451
bedrooms
Studio
bathrooms
0 Bath
$2,991,814
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

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.
Unit Size
-
Days on Market
328 days
Land Size
1.21 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$3,023
HOA Dues
-
Year Built
-
Listed By
M Trevor Smith
Coldwell Banker Select Real Es
Last updated: 11 months ago (IVBORNV #1013842)

Price History

Date / Event Date Event Price
Jun 7, 2023 Listed by Coldwell Banker Incline Village Realty $3,000,000
Listed by Coldwell Banker Incline Village Realty

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
4,104 ft²
$731/ft²
$2,999,000 Jul 21, 2023
-
$1,023/mo
Multi Family
3 Beds
2.5 Baths
2,652 ft²
$980/ft²
$2,599,000 Sep 21, 2023
-
$9,321/mo
House
5 Beds
3.5 Baths
4,140 ft²
$833/ft²
$3,450,000 Mar 14, 2023
-
$9,451/mo
House
3 Beds
2.5 Baths
2,322 ft²
$1,075/ft²
$2,495,000 Sep 19, 2023
-
$8,102/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

877 Alder Avenue 877 Alder Avenue, Incline Village, NV 89451
  • 1 Unit for Sale
More about this Building
877 Alder Avenue
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About Wood Creek


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