Reno Commercial Building on
For Sale
Contact for pricing
7025 Longley Ln, Reno, NV
13,800 SF commercial building in Reno's Longley Corridor.
Property Size13,800 SF
Lot Size1.48 Acres
Price / SF$273.91
Days on Market441
Property Features for 7025 Longley Ln
General Information
Standard status
Active
Size
13,800 SF
Lot size
1.48 Acres
Property subtype
OFFICE
Listing Agency:
Logic Commercial Real Estate | Reno
(775) 800-4100
Listed By:
Mike Keating
(775) 386-9727
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Sep 14
Last Checked: Oct 12 at 8:16PM
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.
A commercial building located at 7025 Longley Ln. in Reno, NV, offers approximately 13,800 square feet of space on approximately 1.476 acres of land. Constructed in 1996, the property is fully occupied by four tenants. These include a theater arts company, a medical office, a veterinary service, and an aesthetics clinic. The asset is located in the Longley Corridor.
Key Highlights
- Fully occupied commercial building
- Located in the Longley Corridor
- Size: ± 13,800 SF building on ± 1.476 AC of land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$243,947
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,878,940
$4.9M
Cap Rate 7%
$3,484,957
$3.5M
Cap Rate 9%
$2,710,522
$2.7M
Market Conditions
NOI Build-Up for 13,800 SF
Gross rent
$399.1K $28.92/SF
− Vacancy
−$73.8K −$5.35/SF
EGI
$325.3K $23.57/SF
− OpEx
−$81.3K −$5.89/SF
NOI
$243.9K $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%
$4,878,940
Cap Rate 7%
$3,484,957
Cap Rate 9%
$2,710,522
Alternative Uses
Best Use
Office B
$3.48M
$3.05M – $4.07M
NOI $243,947 @ 7.0% cap · market cap 6.45%
Second Best
Healthcare Medical
$3.06M
$2.68M – $3.57M
NOI $214,349 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$4.25M
$3.72M – $4.96M
NOI $297,709 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Reno, NV
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Frequently Asked Questions
What type of property is this?
Office building - 13,800 SF commercial building in Reno's Longley Corridor.
Where is this office building located?
The property is located at 7025 Longley Ln Reno, NV.
What is the asking price?
The asking price for this property is $3,780,000.
What are key features of this property?
This property features: Fully occupied commercial building; Located in the Longley Corridor; Size: ± 13,800 SF building on ± 1.476 AC of land
