RENO, Nev. (AP) — The University of Nevada, Reno is selling 104 acres of farmland in east Reno.
The Reno Gazette-Journal reports the university is requesting purchase proposals with the minimum bid set at $20 million for the parcel at Mill Street and McCarran Boulevard.
The land is a section of the university’s 915-acre Main Station Farm, which is used for long-term agriculture research and education.
University officials say the land sale will fund capital improvement projects to benefit students and research and community outreach.
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The parcel is zoned for planned unit development, which allows for housing, recreation, commercial centers and industrial parks.
The university is also selling a 40-acre parcel on the southeastern edge of the farm.
Purchase proposals are due at the end of next week.
Information from: Reno Gazette-Journal, http://www.rgj.com