$6,200,000
5555 Sage Flat RoadReno, NV 89510
Commercial property (from the listing description) · MLS 11556167 · Listed 48 days ago (Sep 17, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
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!
Description provided by the listing brokerage.
Key facts
- Asking price
- $6,200,000
- Status
- For sale
- Property type
- Commercial (type not stated)From the listing description
- Building area
- 1,100 SFSource field LivingArea
- Land area
- 1,145 acresSource field LotSizeAcres
- MLS number
- 11556167
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $6,200,000
- Price per SF of building
- $5,636/SFAsking price ÷ 1,100 SF reported building area
Building and site
- County
- Washoe County
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Reno.
Why this listing is on Commercial Only
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Guides
Listing courtesy of Outdoor Properties of Nevada. Listing agent: Todd Renfrew (Nevada). Listings provided by MyStateMLS.
Listing last modified at the source Nov 4, 2026, 12:25 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 10:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.