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    5220 Neil Rd Reno, NV 89502

    Sponsored
    For Lease
    $28 SF/Yr

    1,696 sq ft, Central Reno Location

    Lot size:
    10,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,696 square foot office suite, located at 5220 Neil Road, Suite 200, Reno, Nevada 89502, is available for lease. Situated in a Class B building constructed in 1988, this space is part of a larger 10,650 square foot, two-story building with multiple tenants. The suite is ideally located in central Reno, easily accessible from S. McCarran Boulevard. The space features a reception area, several operatory rooms, a dental lab, a private restroom, and a break area, making it well-suited for a dental practice or similar business. The property's zoning is MU (Mixed Use). The building consists of one structure and has a Washoe County APN of 025-371-27. The master lease on the property expires September 1, 2029. This is a fantastic opportunity to secure a well-appointed office space in a convenient Reno location. The maximum contiguous space available is 1,696 square feet.

    Property Features for 5220 Neil Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,650 SF
    Class
    B
    Total Rate
    25027.5

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,696 SF
    Rate per SF
    $28
    Property Profile Location Intelligence

    Current Use by Public Records

    Siegrist Christina Dentist Bertschinger Terry Dentist Michael S. Gilman, ... Dentist Implant & Restorative Dentistry Dental Clinic Brian E. Evans ... Dentist

    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
    -119.77866630099
    Latitude
    39.474787627552

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    FAQs

    What type of property is this?
    Office Property / Space - 1,696 sq ft, Central Reno Location
    Where is this office property / space located?
    The property is located at 5220 Neil Rd Reno, NV.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    Request Owner's contact information
    5220 Neil Rd Reno, NV 89502
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    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
    5220 Neil Rd Reno, NV 89502
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