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Professional Office Building

6160 Plumas Street, Reno, NV 89519

For Sale
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Established office property with modern finishes, landscaped grounds, and on-site parking.

Property Size15,594 SF
Lot Size1.01 Acres
Price / SF$320.64
Days on Market104

Property Features for 6160 Plumas Street

General Information

Standard status Active
Size 15,594 SF
Total Parking Spaces 55
Lot size 1.01 Acres
Property subtype Office
Zoning NC
Lease Type Modified Gross

Additional Details

Road Access Yes

Amenities

professionally landscaped

Building Details

Year Built 1996
Buildings 1
Stories 1
Tenancy Multi
Building Size 15,594 SF
Listing Agency: CBRE - Reno
Listed By: David Woods · License #72655
Source: Crexi
Added: Jul 27 Changed: Nov 6 Last Checked: Nov 6 at 8:47AM

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 CBRE - Reno

Rey
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Investment Insights

Based on property information with market context.

This 15,594-square-foot office building was completed in 1996 and features modern high-end finishes within a professionally landscaped setting. The property includes 55 parking spaces and is zoned NC, supporting its established office use.

Located at 6160 Plumas Street in Reno, the building sits near the intersection of S. McCarran Boulevard and is within minutes of Meadowood Mall and Rancharrah. Its position in the Meadowood submarket places the property near retail and dining options while maintaining convenient access from Plumas Street. The parcel encompasses 1.005 acres and includes APN 042-222-14.

Key Highlights

  • 15,594‑square‑foot office building completed in 1996
  • NC zoning for an established office property
  • 1.005‑acre parcel with APN 042‑222‑14

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$275,661
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,513,220 $5.5M
Cap Rate 7%
$3,938,014 $3.9M
Cap Rate 9%
$3,062,900 $3.1M
Market Conditions
NOI Build-Up for 15,594 SF
Gross rent
$451.0K $28.92/SF
− Vacancy
−$83.4K −$5.35/SF
EGI
$367.5K $23.57/SF
− OpEx
−$91.9K −$5.89/SF
NOI
$275.7K $17.68/SF
Area
Reno, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,513,220
Cap Rate 7%
$3,938,014
Cap Rate 9%
$3,062,900

Alternative Uses

Best Use
Office B
$3.94M
$3.45M – $4.59M (±1% cap)
NOI $275,661 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.81M
$4.21M – $5.61M (±1% cap)
NOI $336,411 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alpine Insurance Associates Insurance Agency Alonso Law Ltd Law Firm R&R Partners Reno Marketing & Advertising Good Giant | Reno ... Marketing & Advertising Speciality Financial Financial Advisor

Suggested Use

Top Pick HVAC Service Auto Parts Store Auto Repair Shop Electrical Service Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,136
Businesses Nearby

Demographics for 89519, NV

9,610
Population
4,137
Households
2.3
Avg Household Size
50
Median Age
59%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
1,478
Density / Sq Mi
$155,439
Median Household Income
$63,227
Median Earnings
$1,964
Median Rent
$869,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Reno, NV

$337 Jul
$323 Aug
$320 Sep
$308 Oct

Properties on Market for Office buildings in Reno

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Reno, NV

9.9% 2019
12.5% 2020
9.8% 2021
10.2% 2022
12.5% 2023
10.6% 2024
9.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Established office property with modern finishes, landscaped grounds, and on-site parking.
Where is this office building located?
The property is located at 6160 Plumas Street Reno, NV.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 15,594‑square‑foot office building completed in 1996; NC zoning for an established office property; 1.005‑acre parcel with APN 042‑222‑14
(775) 321-4459 · Office Call to check price and availability
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