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    3700 Grant Dr Reno, NV 89509

    Sponsored
    For Sale
    $2,700,000

    16,200 SF Office, Owner-User Opportunity

    Property size:
    16,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,200 square foot office building, located at 3700 Grant Drive in Reno, Nevada (APN 024-032-27), presents a rare owner-user opportunity. Priced at $2,700,000 ($166.67/SF), it's significantly below replacement cost. The property is ideally situated for convenient business access, boasting ample parking and a prime location near the Reno-Sparks Convention Center and US-395. This versatile space is suitable for both medical and traditional office uses, featuring some existing medical improvements throughout. The building's classification includes both Medical Office and Traditional Office subtypes, offering flexibility for a variety of businesses. Its location in Washoe County, zip code 89509, ensures easy access to major transportation routes and amenities. This is a unique chance to acquire a well-positioned, functional office building in a thriving Nevada market. The property's size and features make it an attractive investment for businesses seeking a strategic location and a cost-effective solution for their space needs. Don't miss this opportunity to own a valuable asset in a desirable area.

    Property Features for 3700 Grant Dr

    General Information

    Property type
    Medical offices
    Square Feet
    16,200 SF

    HighLights

    • Prime Reno location near Reno‑Sparks Convention Center and US‑395.
    • Excellent owner‑user opportunity.
    • Ample on‑site parking.
    • Convenient access to major transportation routes.
    • Offered significantly below replacement cost at $2,700,000 ($166.67/SF).
    • Features existing medical improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Courtney Phillips-Shoda Occupational Therapist Lucy Greenly Speech Pathologist Kristine Kanwetz Speech Pathologist Deborah Dieter Physical Therapist Lisa Boughner Physical Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.80270223817
    Latitude
    39.488752100324

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    FAQs

    What type of property is this?
    Medical office - 16,200 SF Office, Owner-User Opportunity
    Where is this medical office located?
    The property is located at 3700 Grant Dr Reno, NV.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: Prime Reno location near Reno-Sparks Convention Center and US-395.; Excellent owner-user opportunity.; Ample on-site parking.
    Request Owner's contact information
    3700 Grant Dr Reno, NV 89509
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    Reno, NV 89509
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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
    3700 Grant Dr Reno, NV 89509
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