Flexible Office
1510 Meadow Wood Lane, Reno, NV 89502
New
Well-maintained office building with a flexible floor plan and recent HVAC and fire/life-safety upgrades.
Type:Office
Property size:
20,805 SFPrice / SF:
$300/SF- Added:
- Jul 2, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 4 at 2:46 am
Property Features for 1510 Meadow Wood Lane
General Information
- Standard status
- Active
- Size
- 20,805 SF
- Property subtype
- Office
Listing office Dickson Commercial Group
Listing date Jul 2, 2026
Source Crexi
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 Dickson Commercial Group
HighLights
- 20,805‑SF office building for sale
- Flexible floor plan supports single‑tenant headquarters or multiple‑occupant configurations
- Recent capital improvements include upgraded HVAC systems
- Recent Fire/Life Safety enhancements
- Well‑maintained property designed for office use with adaptable occupancy options
Overview
1510 Meadow Wood Lane is a well-maintained 20,805-square-foot office building presented for sale. The property is designed to support flexible occupancy, with a floor plan that can accommodate a single-tenant headquarters or be configured for multiple occupants. Recent capital improvements include upgraded HVAC systems and Fire/Life Safety enhancements, supporting reliable day-to-day operations.
The building is centrally located with convenient access to major business districts and regional destinations. Nearby freeways provide connectivity for employees, clients, and visitors, supporting efficient travel throughout the area.
This property is well suited for owner-users and professional tenants that need adaptable office space, including healthcare providers, educational institutions, and corporate occupiers. Its update history and multi-tenant flexibility make it practical for organizations evaluating either a consolidated footprint or a more distributed configuration within a single building.
The building is centrally located with convenient access to major business districts and regional destinations. Nearby freeways provide connectivity for employees, clients, and visitors, supporting efficient travel throughout the area.
This property is well suited for owner-users and professional tenants that need adaptable office space, including healthcare providers, educational institutions, and corporate occupiers. Its update history and multi-tenant flexibility make it practical for organizations evaluating either a consolidated footprint or a more distributed configuration within a single building.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $601.7k | $28.92 |
| − Vacancy | −$111.3k | −$5.35 |
| EGI | $490.4k | $23.57 |
| − OpEx | −$122.6k | −$5.89 |
| NOI | $367.8k | $17.68 |
20,805 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.25M
$4.60M – $6.13M
NOI $367,777 @ 7.0% cap · market cap 5.89%
Second Best
Healthcare Medical
$4.62M
$4.04M – $5.39M
NOI $323,155 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$6.41M
$5.61M – $7.48M
NOI $448,829 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Anti-Aging Testosterone and HGH ...
Medical Clinic
Prominence Administrative Services
Insurance Agency
Prominence Health
Financial Advisor
Prominence Health Plan
Insurance Agency
Nevada Preferred Healthcare ...
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.7781026
- Latitude
- 39.4726763
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained office building with a flexible floor plan and recent HVAC and fire/life-safety upgrades.
Where is this office building located?
The property is located at 1510 Meadow Wood Lane Reno, NV.
What is the asking price?
The asking price for this property is $6,241,500.
What are key features of this property?
This property features: 20,805‑SF office building for sale; Flexible floor plan supports single‑tenant headquarters or multiple‑occupant configurations; Recent capital improvements include upgraded HVAC systems
