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    533 California Ave Reno, NV 89509

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    For Sale
    $1,585,000

    Move-in ready office building in Reno's Midtown/Old Southwest district.

    Property size:
    4,660 SF

    Property Features for 533 California Ave

    General Information

    Size
    4,660 SF

    Building Details

    Year built
    1969

    Source: David Geddes Agent David Geddes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Reno Office Property with Upgrades

    This fully improved professional office property offers approximately 4,660 square feet and is located in the heart of Reno’s vibrant Midtown/Old Southwest district. The vacant, move-in ready building combines modern upgrades and PO zoning flexibility. It features a prestigious address on one of the city's most desirable corridors. The property includes an approximately 4,060 square foot main building and an approximately 600 square foot detached garage, situated on an approximately 7,840 square foot parcel. The site is fully enclosed by security fencing with a remote-controlled gate. Capital improvements completed in 2022 include a new TPO membrane roof system, three new Ruud HVAC units, and enhanced site security. This property is an exceptional opportunity for owner-users, boutique firms, dance or Pilates studio, or investors seeking a high-quality asset in an irreplaceable Reno location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Spa & Massage Hair Salon Building Supply Nail Salon Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8184519
    Latitude
    39.5203575

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    FAQs

    What type of property is this?
    Office building - Move-in ready office building in Reno's Midtown/Old Southwest district.
    Where is this office building located?
    The property is located at 533 California Ave Reno, NV.
    What is the asking price?
    The asking price for this property is $1,585,000.
    What are key features of this property?
    This property features: - Move-in ready, ±4,660 SF professional office property in Reno's Midtown/Old Southwest district.; - Recent (2022) capital improvements: new roof, HVAC units, and enhanced security.; - PO zoning offers flexibility for various uses (office, studio, etc.).
    (775) 232-4493
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    533 California Ave Reno, NV 89509
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    Reno, NV 89509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    533 California Ave Reno, NV 89509
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