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    5250 Neil Rd Reno, NV 89502

    Sponsored
    For Lease
    $18 SF/Yr

    1,468 SF Available in Reno Office Building

    Lot size:
    46,668 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 46,668 square foot Class B office building, located at 5250 Neil Rd, Reno, NV 89502 (cross streets: S McCarran), offers a single, immediately available space of 1,468 square feet. The building, constructed in 1986, features three stories and a single elevator. The available space is situated within a multi-tenant building and is part of a larger 2.47-acre lot. The zoning is MUCC. The space is an open layout with a kitchen and is ideal for a variety of office uses. While the minimum divisible space is 1,468 square feet, the maximum contiguous space available is also 1,468 square feet. The building is located in the Meadowood submarket of Reno. The Washoe County property (APN: 025-551-09) presents a great opportunity for businesses seeking efficient and well-located office space. This is a traditional office building.

    Property Features for 5250 Neil Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,668 SF
    Class
    B
    Total Rate
    72335.4

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 201
    Size
    1,468 SF
    Rate per SF
    $18
    Space
    Suite 305
    Size
    3,415 SF
    Rate per SF
    $24
    Space
    Suite 200
    Size
    1,959 SF
    Rate per SF
    $18

    HighLights

    • Class B office building.
    • Centrally located with convenient access to major transportation routes.
    • Easy freeway access.
    • Restrooms equipped with showers.
    • Professionally managed property.
    • Building features an elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Reno Vascular & Interventional Doctor Nevada Health Facilities ... Hospital Northern Nevada Dental ... Dentist Annette Childs, Ph.D. Psychologist Francesca Wellness Massage Massage Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7776518
    Latitude
    39.4742742

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    FAQs

    What type of property is this?
    Office Property / Space - 1,468 SF Available in Reno Office Building
    Where is this office property / space located?
    The property is located at 5250 Neil Rd Reno, NV.
    What is the lease rate?
    The lease rate is $18-$24 SF/Yr.
    What are key features of this property?
    This property features: Class B office building.; Centrally located with convenient access to major transportation routes.; Easy freeway access.
    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
    5250 Neil Rd Reno, NV 89502
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