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    14331 Lear Blvd Reno, NV 89506

    Sponsored
    For Sale
    $13,000,000

    ±43,062 SF Warehouse/Manufacturing

    Property size:
    43,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional North Reno industrial property offers a unique investment opportunity. The property encompasses approximately 8.455 acres of land, primarily concrete-paved, ideal for long-term storage. Two buildings are included: a ±38,862 square foot concrete-tilt warehouse featuring three dock-high doors and one drive-in door, and a ±4,200 square foot ancillary metal structure equipped with a sand oil separator. The property boasts a 22' to 24' ceiling height and a total of four loading docks. Built in 1990, this Class B industrial property is zoned I - Industrial and features an existing rail spur connected to an active line, though currently inactive. The property consists of two buildings across two stories, with a total of 43,062 square feet. The asking price is $13,000,000, and the lease type is NNN. The property's Assessed Parcel Number (APN) is 090-051-04, located at 14331 Lear Blvd, Reno, NV 89506. This property presents a rare combination of warehouse space, ancillary building, and rail access, making it suitable for a variety of industrial uses. The substantial concrete-paved area provides ample space for storage and maneuvering heavy equipment. This is a prime opportunity for investors seeking a well-located, versatile industrial asset in a growing market.

    Property Features for 14331 Lear Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    43,062 SF
    Class
    B

    Building Details

    Year Built
    1990
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • $13,000,000 asking price for this industrial property.
    • 43,062 square foot industrial property consisting of two buildings.
    • Located at 14331 Lear Blvd, Reno, NV 89506.
    • Property includes a 38,862 SF concrete tilt‑up warehouse and a 4,200 SF ancillary building.
    • Features 3 dock‑high doors, 1 drive‑in door, and 22'-24' ceiling heights.
    Property Profile Location Intelligence

    Current Use by Public Records

    LDS Brokerage Trucking Company Blue Moon Operations ... Trucking Company master halco inc Home Goods Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8913683
    Latitude
    39.644343

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    FAQs

    What type of property is this?
    Distribution property - ±43,062 SF Warehouse/Manufacturing
    Where is this distribution property located?
    The property is located at 14331 Lear Blvd Reno, NV.
    What is the asking price?
    The asking price for this property is $13,000,000.
    What are key features of this property?
    This property features: $13,000,000 asking price for this industrial property.; 43,062 square foot industrial property consisting of two buildings.; Located at 14331 Lear Blvd, Reno, NV 89506.
    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
    14331 Lear Blvd Reno, NV 89506
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