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    2900 Mill St Reno, NV 89502

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Reno office & fitness space available.

    Lot size:
    26,942 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional commercial property, located at 2900 Mill Street, Reno, NV 89502, presents a unique investment opportunity. The two-story, 26,942 square foot Class C office building, constructed in 1974 and renovated in 2008, offers multiple tenancy options. The property features a total of ten suites, with 9,120 square feet currently vacant. Minimum divisible space is 3,244 square feet, with a maximum contiguous space of 9,120 square feet. The building is situated in Washoe County, zoned ME, and has an APN of 013-321-04. Two immediately available spaces are highlighted: Suite G, a 3,100 square foot first-floor office space encompassing 7-8 individual offices and shared restrooms with janitorial service

    Property Features for 2900 Mill St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,942 SF
    Class
    C
    Total Rate
    32330.4

    Building Details

    Year Built/Renovated
    1974/2008
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit A
    Size
    3,100 SF
    Rate per SF
    $14
    Space
    Unit B
    Size
    2,423 SF
    Rate per SF
    $14

    HighLights

    • $1.20/SF Full Service Lease.
    • High traffic counts.
    • Ample parking for clients.
    • Freeway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Advantage CPR Instruction Medical School Mind Body & Pilates Pilates Studio Community Support Inc Association Or Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7783302
    Latitude
    39.5175107

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Reno office & fitness space available.
    Where is this office property / space located?
    The property is located at 2900 Mill St Reno, NV.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: $1.20/SF Full Service Lease.; High traffic counts.; Ample parking for clients.
    Request Owner's contact information
    2900 Mill St Reno, NV 89502
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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
    2900 Mill St Reno, NV 89502
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