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    Reno, NV
    Flex Space

    Reno, NV Flex Space for Sale

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    Sparks, NV Sun Valley, NV Verdi, NV Spanish Springs, NV Chilcoot, CA Washoe Valley, NV Virginia City, NV Truckee, CA
    Renovated Office/Retail/Flex Building
    Updated: Apr 15
    Renovated Office/Retail/Flex Building

    400 South Wells Avenue, Reno, NV 89502

    $2,950,000
    9,586 sqft
    Fully renovated, two‑story boutique office/retail/flex building.
    Excellent owner‑user opportunity.
    Abundant natural light and outdoor patio spaces.
    Central location in the Wells district on a major thoroughfare.
    Quick and easy access to Downtown, I80, and I580.
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    This listing looks promising.

    Here's a quick look at some key insights for

    400 South Wells Avenue, Reno, NV, 89502

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $169K
      Annual

    • Price @ 7% Cap

      $2.42M
      Suggested
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Clear-Span Industrial Building
    Clear-Span Industrial Building

    42 Diamondback Way, Carson City, NV 89706

    $1,160,000
    6,800 sqft 0.47 AC lot

    Well-maintained 6,800 SF clear-span warehouse with 800 SF front office and three grade-level roll-up doors.

    View details
    Flex Warehouse with Office Space
    Flex Warehouse with Office Space

    11440 Digital Court, Sparks, NV 89441

    $125,000
    581 sqft 0.01 AC lot

    Zoned I and offered for sale, this compact flex/warehouse unit suits small storage or light industrial operations.

    View details
    Sparks Industrial Property with Yard
    Sparks Industrial Property with Yard

    901 Meredith Way, Sparks, NV 89431

    $3,795,000
    10,783 sqft 1.00 AC lot

    Functional office/warehouse with fenced yard in Sparks industrial corridor.

    View details
    Commercial and Warehouse Buildings For Sale
    Commercial and Warehouse Buildings For Sale

    145 Esmeralda Drive, Carson City, NV 89704

    $1,850,000
    6,400 sqft

    Two freestanding buildings totaling 6,400 SF for versatile use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    ME-Zoned Industrial Land Parcel
    ME-Zoned Industrial Land Parcel

    Reno, NV 89502

    $892,500
    1.03 AC lot

    ME-zoned industrial parcel with an optional 1973 manufactured home, outbuildings, and private well and septic.

    View details
    Prime Commercial Land in Madera
    Prime Commercial Land in Madera

    116 W Olive, Madera, CA 93637

    $675,000
    0.53 AC lot

    23,000 SF commercial parcels on high-visibility Olive Ave.

    View details
    Sanger Industrial Development Land
    Sanger Industrial Development Land

    1155 Academy Avenue, Sanger, CA 93657

    $1,025,000
    5.78 AC lot

    5.78 acres of industrial land in Sanger, California.

    View details
    Land in North Las Vegas
    Land in North Las Vegas

    3355 Clayton, North Las Vegas, NV 89032

    $5,200,000
    5.00 AC lot

    Vacant land with approved plans for live-work flex lofts.

    View details

    Off-Market Properties in Reno, NV

    Consider similar Off-Market properties in Reno, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    425 Lovitt Ln
    LIGHT INDUSTRIAL

    425 Lovitt Ln, Reno, NV 89506-7842

    Value Estimation by Request
    1,923 sqft 0.43 AC lot
    View details
    105 Herz Blvd
    LIGHT INDUSTRIAL

    105 Herz Blvd, Reno, NV 89511-8103

    Value Estimation by Request
    1,244 sqft 8.30 AC lot
    View details
    Brookside Ct
    LIGHT INDUSTRIAL

    Brookside Ct, Reno, NV 89502

    Value Estimation by Request
    1.00 AC lot
    View details
    White Lk Pkwy
    LIGHT INDUSTRIAL

    White Lk Pkwy, Reno, NV 89508

    $6,000,000
    Estimated value
    572 sqft 2.00 AC lot
    View details
    13855 Mt Anderson St
    LIGHT INDUSTRIAL

    13855 Mt Anderson St, Reno, NV 89506-1330

    Value Estimation by Request
    2,500 sqft 1.84 AC lot
    View details
    14150 Mt Anderson St
    LIGHT INDUSTRIAL

    14150 Mt Anderson St, Reno, NV 89506-1341

    Value Estimation by Request
    1,786 sqft 1.19 AC lot
    View details
    2605 Comstock Dr
    LIGHT INDUSTRIAL

    2605 Comstock Dr, Reno, NV 89512-1306

    $4,500,000
    Estimated value
    17,449 sqft 1.71 AC lot
    View details
    7901 Virginia St
    LIGHT INDUSTRIAL

    7901 Virginia St, Reno, NV 89506-7716

    Value Estimation by Request
    192 sqft 6.69 AC lot
    View details
    5915 Tyrone Rd
    LIGHT INDUSTRIAL

    5915 Tyrone Rd, Reno, NV 89502-6262

    $1,600,000
    Estimated value
    4,640 sqft 1.00 AC lot
    View details
    9959 Virginia St
    LIGHT INDUSTRIAL

    9959 Virginia St, Reno, NV 89506-9149

    $5,000,000
    Estimated value
    8,000 sqft 5.53 AC lot
    View details
    9800 Virginia St
    LIGHT INDUSTRIAL

    9800 Virginia St, Reno, NV 89506-9102

    Value Estimation by Request
    1,248 sqft 0.77 AC lot
    View details
    1755 Geiger Grade Rd
    LIGHT INDUSTRIAL

    1755 Geiger Grade Rd, Reno, NV 89521

    Value Estimation by Request
    0.18 AC lot
    View details
    1675 4th St
    LIGHT INDUSTRIAL

    1675 4th St, Reno, NV 89503-5008

    Value Estimation by Request
    2,394 sqft 5.09 AC lot
    View details
    121 Vesta St
    LIGHT INDUSTRIAL

    121 Vesta St, Reno, NV 89502-2912

    $2,785,000
    Estimated value
    10,320 sqft 0.76 AC lot
    View details
    8050 4th St
    LIGHT INDUSTRIAL

    8050 4th St, Reno, NV 89523-9009

    $1,025,000
    Estimated value
    4,080 sqft 0.71 AC lot
    View details
    7465 Longley Ln
    LIGHT INDUSTRIAL

    7465 Longley Ln, Reno, NV 89511-1208

    $1,225,000
    Estimated value
    960 sqft 0.87 AC lot
    View details
    1575 Geiger Grade Rd
    LIGHT INDUSTRIAL

    1575 Geiger Grade Rd, Reno, NV 89521-8481

    Value Estimation by Request
    1,266 sqft 2.06 AC lot
    View details
    10350 Virginia St
    LIGHT INDUSTRIAL

    10350 Virginia St, Reno, NV 89511

    $8,780,000
    Estimated value
    62,116 sqft 2.50 AC lot
    View details
    7705 Security Cir
    LIGHT INDUSTRIAL

    7705 Security Cir, Reno, NV 89506-1997

    $530,000
    Estimated value
    960 sqft 1.06 AC lot
    View details
    905 Ambassador Dr
    LIGHT INDUSTRIAL

    905 Ambassador Dr, Reno, NV 89523-2779

    $790,000
    Estimated value
    2,704 sqft 5.12 AC lot
    View details
    2255 9th St
    LIGHT INDUSTRIAL

    2255 9th St, Reno, NV 89512-3245

    $805,000
    Estimated value
    2,752 sqft 4.98 AC lot
    View details
    1001 Somersett Rdg Pkwy
    LIGHT INDUSTRIAL

    1001 Somersett Rdg Pkwy, Reno, NV 89523-9731

    $525,000
    Estimated value
    2,383 sqft 5.79 AC lot
    View details
    2690 Mccarran Blvd
    LIGHT INDUSTRIAL

    2690 Mccarran Blvd, Reno, NV 89502-9500

    Value Estimation by Request
    1,548 sqft 14.03 AC lot
    View details

    Reno, NV Flex Space Market Trends and Statistics

    Explore 72 flex space for sale in Reno, NV on our real estate platform. These investment opportunities span a total of 9,586 square feet of properties for sale, with an estimated market value of $2,950,000.

    Sale prices for business spaces in Reno, NV start at $2,950,000, averaging $2,950,000, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 29
    Distribution centers 9
    Manufacturing properties 3
    Breweries 1

    Demographics Overview

    Population 323K
    Population Growth (5Y) +7.0%
    Median Household Income $87,673
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

    Identify Reno submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    89521 $1.1M
    89503 $1.4M
    89502 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $48.20 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washoe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washoe County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

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