About This Home

This 3-bedroom, 2-bathroom commercial at 5555 Sage Flat Road in Reno, NV is listed for $6,200,000 ($5,636 per sqft). the home offers 1,100 sqft of living space on a 1144.58 acres lot.

Key Features

  • 1144.58 acre lot

Property Details

2 full
Listing 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 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 home is a comfortable 1,100 sq.

ft. updated three-bedroom, two-bath home with a 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 '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!

Monthly Cost Estimate

$33,159/mo

20% down · 6.5% · 30 years

Principal$4,484
Interest$26,867
Insurance$1,808

Estimates only. Actual payments may vary.

Location

5555 Sage Flat Road

Reno, NV 89510

Questions & Answers

This 3-bedroom, 2-bathroom commercial at 5555 Sage Flat Road is listed at $6,200,000 ($5,636/sqft). The estimated monthly payment is $33,159 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1144.58 acre lot.

This property is listed by Todd Renfrew (Nevada).

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Todd Renfrew (Nevada)

Agent at Outdoor Properties of Nevada

Listed by Outdoor Properties of Nevada · Broker phone: 775-455-0225

MLS# 11556167· Source: My State MLS· 44 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5555 Sage Flat Road, Reno, NV 89510

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