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Nathan Teel

nate@teelrealestate.com +1(775) 378-9870

$ 6,200,000

Est. payment | -/mo

3 Beds

2 Baths

1,100 SqFt

Save

$ 6,200,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,100 SqFt

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $5,636

MLS Listing ID 240014982

Bedrooms 3

Full Baths 2

Year Built 1976

Annual Tax Amount $12,592

Lot Size 1144.580 Acres

Acres 1144.58

Lot Dimensions 1144.58

Property Sub-Type Farm

Property Description

The 1,144.58 acre Palomino Farms stands as a cherished agricultural hallmark of the Palomino Valley, located just a 8-minute drive north of Sparks, NV and 30-minute drive to Reno, NV, one of the fastest-growing metropolitan regions in the United States. Palomino Farms is a multifaceted and innovative farm with high-quality alfalfa and mixed hay production at its heart with 330 ± irrigated acres under one Zimmatic and one Valley pivot, coupled with 46.25 acres under wheel line irrigation. With repair of one of the ag wells, there is future capability for one Zimmatic pivot to provide an additional 135 ± acres of pivot irrigation. The hay crop is bolstered by 2,039.55 acre feet of underground water rights, three 600+ ft. ag wells, and three 150 HP pumps for each. Additionally, there are approximately 633.33 ± acres of rangeland to boot. Adding another potential income-producing facet to Palomino Farms are the 18.77 ± acres of General Commercial (GC) zoning with direct exposure on Pyramid Highway (Hwy 445). With its excellent highway location, this acreage opens the door to the development of a variety of business possibilities including: retail and shopping, automotive services, food and hospitality, or professional and personal service related businesses all with limited gaming allowed. This commercial acreage offers an opportunity to diversify the property and potentially create an additional source of income, complementing the farm operations. Together, the productive agricultural land, substantial water resources, rangeland, and strategically located commercial acreage make Palomino Farms a truly versatile property with multiple avenues for continued operation and future potential. The home is a comfortable 1,100 sq. ft. updated three bedroom, two bath home with lawn, including a large kitchen with stainless steel appliances, and a cozy living room. Ranch infrastructure includes a pole hay barn, equipment shed, shop, and outbuildings. It's extremely rare to find such a productive alfalfa farm with enviable water rights and buildable lots in Washoe County. Come discover the endless opportunities with Palomino Farms!

Location

State NV

County Washoe

Zoning Pr 18/Lds 82

Direction Pyramid Hwy. / Whiskey Springs Rd.

Rooms

Family Room None

Other Rooms Other

Master Bedroom On Main Floor

Dining Room Living Room Combination

Kitchen Built-In Dishwasher

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Dog Run

Parking Features Attached, Garage, Parking Pad

Garage Spaces 2.0

Utilities Available Electricity Available

View Y/N No

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Landscaped, Level, Meadow, Pasture

Story 1

Foundation Other

Water Pump, Underground

Structure Type Other

Schools

Elementary Schools Spanish Springs

Middle Schools Sparks

High Schools Spanish Springs

Others

Tax ID 077-090-03

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Outdoor Properties of Nevada

Nearby Locations

Nathan Teel

Agent

+1(775) 378-9870 | nate@teelrealestate.com

5555 Sage Flat RD Reno, NV 89510

Nathan Teel

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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5555 Sage Flat RD