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    343 Elm St Reno, NV 89503

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    Prime Medical Office Space - Reno, NV

    Lot size:
    72,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional four-story, 72,104-square-foot medical office building, constructed in 1991, is ideally situated at 343 Elm Street in Reno, Nevada. Located on the St. Mary's Regional Medical Center campus, it offers unparalleled convenience with a direct underground tunnel connection to the hospital and an attached, complimentary four-level parking garage. The building features multiple tenancies and is meticulously maintained by dedicated on-site personnel. Tenants benefit from the presence of the Surgery Center of Reno on the premises. Its strategic location off Interstate 80 provides easy access, while its proximity to Downtown Reno offers employees and patients a wealth of nearby amenities, including retail, dining, and shopping options. Public transportation, including the Reno Amtrak station (with routes to Sacramento), is within walking distance. The University of Nevada, Reno, is just 1.5 miles away, providing access to a diverse range of academic programs. The property's Assessed Property Number (APN) is 007-202-24, and it's located in Washoe County, Nevada, with a zip code of 89503. The building includes elevators for convenient access to all four floors. This is a rare opportunity to secure a premier medical office space in a highly desirable location.

    Property Features for 343 Elm St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    72,104 SF

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 302
    Size
    2,399 SF
    Space
    Suite 400
    Size
    8,615 SF
    Space
    Suite 403
    Size
    2,859 SF
    Space
    Suite 202
    Size
    3,136 SF
    Space
    Suite 402
    Size
    2,173 SF
    Space
    Suite 200
    Size
    1,936 SF
    Space
    Suite 204
    Size
    6,172 SF
    Space
    Suite 305
    Size
    2,422 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saint Mary's Medical ... Medical Clinic Saint Mary's Center ... Medical Group Saint Mary's Pulmonology ... Medical Clinic Saint Mary's Pulmonary ... Registered General Nurse Reno Integrative Medical ... Medical Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -119.8197339
    Latitude
    39.5327504

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space - Reno, NV
    Where is this medical office located?
    The property is located at 343 Elm St Reno, NV.
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    343 Elm St Reno, NV 89503
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    Reno, NV 89503
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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
    343 Elm St Reno, NV 89503
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