Standalone Office
For Sale
$1,202,740
9533 Gateway Dr, Reno, NV 89521
Professional office property constructed in 2001.
Property Size3,124 SF
Days on Market53
Property Features for 9533 Gateway Dr
General Information
Standard status
Active
Size
3,124 SF
Class
C
Property subtype
Office
Building Details
Building Size
3,124 SF
Year Built
2001
Buildings
1
Listed By:
Pat Riggs · License #NV #Lic# S.180878
(775) 624-3964
Source:
Corfac
Added: Sep 9
Changed: Oct 30
Last Checked: Oct 30 at 10:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pat Riggs
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Investment Insights
Based on property information with market context.
Located at 9533 Gateway Dr in Reno, Nevada, this standalone professional office property was constructed in 2001. The building is classified as an office building and is offered for sale.
Key Highlights
- Standalone professional office building
- Constructed in 2001
- Located at 9533 Gateway Dr, Reno, NV 89521
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,224
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,480
$1.1M
Cap Rate 7%
$788,914
$788.9K
Cap Rate 9%
$613,600
$613.6K
Market Conditions
NOI Build-Up for 3,124 SF
Gross rent
$90.3K $28.92/SF
− Vacancy
−$16.7K −$5.35/SF
EGI
$73.6K $23.57/SF
− OpEx
−$18.4K −$5.89/SF
NOI
$55.2K $17.68/SF
Area
Reno, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,480
Cap Rate 7%
$788,914
Cap Rate 9%
$613,600
Alternative Uses
Best Use
Office B
$788.9K
$690.3K – $920.4K
NOI $55,224 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$962.8K
$842.4K – $1.12M
NOI $67,394 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
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Business Placement
Demographics for 89521, NV
39,119
Population
16,789
Households
2.3
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
93.0 sq mi
ZIP Area
421
Density / Sq Mi
$125,505
Median Household Income
$61,266
Median Earnings
$2,178
Median Rent
$629,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Reno, NV
Frequently Asked Questions
What type of property is this?
Office building - Professional office property constructed in 2001.
Where is this office building located?
The property is located at 9533 Gateway Dr Reno, NV.
What is the asking price?
The asking price for this property is $1,202,740.
What are key features of this property?
This property features: Standalone professional office building; Constructed in 2001; Located at 9533 Gateway Dr, Reno, NV 89521
