$1,250,000

Excellent opportunity for residential Development project. The property is off East Bridge Street and sits just inside Yerington City limits. City water and city sewer are available. original map had 100+ lots with the potential for a few more. Great location near schools, shopping, and services. Stick built homes to the North, South, and West with open Farmland to the East. Property is currently 4 separate parcels, so phasing is simplified. All utilities are at or near property line. Yerington has 3 new mines slated to start up totaling approximately 1500 new jobs. There is also a new Data center proposed that will involve 505 acres, with 14 buildings and 4.6 million square feet. The area is in dire need of additional workforce housing. Owner would consider a carry option with mutually agreed upon terms, first position only. Excellent opportunity to get a jump on the market and put together a nice project of family homes / investments. City has seen the project and were very optimistic about its benefits to the community.