Single-Tenant Industrial
For Sale
Contact for pricing
12800 Moya Blvd., Reno, NV 89506
Concrete tilt-up construction with dock access, a drive-in door, and surface parking supports industrial operations.
Property Size38,706 SF
Lot Size7.74 Acres
Price / SF$232.52
Days on Market11
Property Features for 12800 Moya Blvd.
General Information
Standard status
Active
Size
38,706 SF
Class
C
Total Parking Spaces
18
Lot size
7.74 Acres
Property subtype
Industrial
Zoning
Industrial
Occupancy
100%
Lease Type
NNN
Warehouse & Industrial
Warehouse Space
38,706 SF
Dock-High Doors
11
Drive-In Doors
1
Building Details
Year Built
1992
Buildings
1
Tenancy
Single
Building Size
38,706 SF
Construction
tilt-up concrete
Listing Agency:
Logic Commercial Real Estate Reno
(775) 386-9727
Listed By:
Michael Keating · License #NV# S.174942
Source:
Crexi
Added: Aug 12
Changed: Aug 21
Last Checked: Aug 21 at 5:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Logic Commercial Real Estate Reno
Investment Insights
Based on property information with market context.
This single-tenant warehouse comprises ±38,706 SF on a ±7.74 AC parcel designated Industrial. Constructed in 1992, the facility uses concrete tilt-up construction and includes 11 exterior dock doors, one drive-in door, and 18 surface parking spaces. The property is reported at 100% occupancy.
An existing cell phone tower provides an additional income component. The facility is located at 12800 Moya Blvd., Reno, NV 89506.
An existing cell phone tower provides an additional income component. The facility is located at 12800 Moya Blvd., Reno, NV 89506.
Key Highlights
- ±38,706 SF industrial warehouse on a ±7.74 AC parcel
- Industrial zoning
- Concrete tilt‑up construction, built in 1992
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$266,443
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,328,860
$5.3M
Cap Rate 7%
$3,806,329
$3.8M
Cap Rate 9%
$2,960,478
$3.0M
Market Conditions
NOI Build-Up for 38,706 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$353.0K $9.12/SF
− Vacancy
−$39.5K −$1.02/SF
EGI
$313.5K $8.10/SF
− OpEx
−$47.0K −$1.21/SF
NOI
$266.4K $6.88/SF
Area
Reno, NV
Vacancy
11.20%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,328,860
Cap Rate 7%
$3,806,329
Cap Rate 9%
$2,960,478
Alternative Uses
Best Use
Warehouse
$3.81M
$3.33M – $4.44M
NOI $266,443 @ 7.0% cap · market cap 2.96%
Second Best
Industrial
$3.13M
$2.74M – $3.66M
NOI $219,424 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$11.93M
$10.44M – $13.92M
NOI $835,009 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
11
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89506, NV
43,321
Population
17,015
Households
2.5
Avg Household Size
35
Median Age
20%
College-Educated
86%
High-School Grad
91.1 sq mi
ZIP Area
476
Density / Sq Mi
$86,557
Median Household Income
$42,481
Median Earnings
$1,733
Median Rent
$377,500
Median Home Value
Market
Vacancy Rate% for Industrial in Reno, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SMITH STORAGE SYSTEMS — 13951 Mt Bismark St, Reno, NV 89506
Frequently Asked Questions
What type of property is this?
Warehouse - Concrete tilt-up construction with dock access, a drive-in door, and surface parking supports industrial operations.
Where is this warehouse located?
The property is located at 12800 Moya Blvd. Reno, NV.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: ±38,706 SF industrial warehouse on a ±7.74 AC parcel; Industrial zoning; Concrete tilt‑up construction, built in 1992
