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    14291 Lear Blvd Reno, NV 89506

    Sponsored
    For Sale
    $16,500,000

    144,219 SF Warehouse, Reno, NV

    Property size:
    144,219 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-tenant, 144,219-square-foot Class B warehouse in Reno, Nevada's North Valleys submarket, is offered for sale at $16,500,000 ($114.41/SF). Built in 1982, this one-story building features six dock-high doors with levelers, four drive-in doors, and four additional covered outside dock-high doors. The warehouse boasts a 29.5-foot ceiling height, 25' x 40' column spacing, and a 6-inch concrete slab floor. An 8,197-square-foot standalone office space includes HVAC. Additional features include a well water monitoring system, a compressor system with distributed air lines, heavy power (8,000a/120-480v 3p), and a warehouse break area with bathrooms. The property is situated on a lot with rail access and is zoned for industrial use. The APN is 090-051-03. This exceptional property presents a significant investment opportunity in a prime industrial location.

    Property Features for 14291 Lear Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    144,219 SF
    Class
    B

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 8,197 SF standalone office space with HVAC.
    • 25' x 40' column spacing.
    • 6" concrete slab floor.
    • Six dock‑high doors with levelers; four covered exterior dock‑high doors with levelers; four drive‑in doors.
    • Well water monitoring system.
    • Compressor system with distributed air lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Daimler PDC Truck Parts Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Department Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.88974893919
    Latitude
    39.642620936939

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    FAQs

    What type of property is this?
    Distribution property - 144,219 SF Warehouse, Reno, NV
    Where is this distribution property located?
    The property is located at 14291 Lear Blvd Reno, NV.
    What is the asking price?
    The asking price for this property is $16,500,000.
    What are key features of this property?
    This property features: 8,197 SF standalone office space with HVAC.; 25' x 40' column spacing.; 6" concrete slab floor.
    Request Owner's contact information
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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
    14291 Lear Blvd Reno, NV 89506
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