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    625 Highway 50 Zephyr Cove, NV 89448

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    For Lease
    Contact for pricing

    Prime NV Office Suites Available

    Lot size:
    11,047 SF

    Property Features for 625 Highway 50

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,047 SF
    Class
    B
    Total Rate
    27617.5

    Building Details

    Year Built
    1978
    Stories
    2

    Spaces For Lease

    at 625 Highway 50, Zephyr Cove, NV 89448 Contact us
    Unit Unit 105

    $30 /Mo

    Size
    250 SF
    Contact us
    Unit Unit 202

    $30 /Mo

    Size
    285 SF
    Contact us

    We can help!

    Listing Contact
    Scott Fair
    Scott Fair

    Listing Agent: Scott Fair

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional two-story, Class B office building at 625 US Hwy 50 in Zephyr Cove, Nevada, offers 11,047 square feet of space across 535 suites. Built in 1978, this well-maintained property sits on 0.25 acres and boasts a variety of office space options, including traditional, executive, and creative office layouts. Currently, two office units are available, ranging from 250 to 285 square feet. The building features keyless entry, individual door codes, and high-speed internet access in the conference room. Tenants enjoy the convenience of included utilities, weekly janitorial service, and snow removal. Additional amenities include FedEx delivery, an on-site EV charger, ample parking, and beautifully landscaped grounds. The building is ADA-accessible on the first floor and offers expansive windows providing abundant natural light. Its location provides easy access to major roadways, nearby dining, and recreational opportunities. This is an ideal location for businesses seeking a flexible floor plan and a welcoming work environment in a highly desirable area of Douglas County (APN: 1318-09-811-018). The property's zip code is 89448.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clean Up the Lake ... Association / Organization Marigold Prep Tutoring Service

    Suggested Use

    Building Supply Department Store Bakery Grocery & Convenience Store Grocery & Convenience Store Travel Agency Auto Repair Shop Restaurant Bar & Pub Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Zephyr Cove
    County
    Douglas
    State
    Nevada
    Longitude
    -119.954698
    Latitude
    38.9990795

    Nearby Similar for Lease

    • $1,000 /Mo
      11,047 SF

      Modern Office Building For Lease

      Exceptional office building with modern amenities in Zephyr Cove, NV.
      625 Us Hwy 50, Zephyr Cove, NV 89448
      View Details
    • $24 SF/Yr
      500 SF

      Zephyr Cove Executive Office Space

      Prime Office Suite, 500 SF, Hwy 50
      605 Highway 50, Zephyr Cove, NV 89448
      View Details

    FAQs

    What type of property is this?
    Office units - Prime NV Office Suites Available
    Where is this office units located?
    The property is located at 625 Highway 50 Zephyr Cove, NV.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Modern office building with flexible floor plans.; Abundant natural light from expansive windows.; Ample on-site parking.
    (530) 525-2304 Call to check price and availability
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    625 Highway 50 Zephyr Cove, NV 89448
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    Zephyr Cove, NV 89448
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    625 Highway 50 Zephyr Cove, NV 89448
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Scott Fair
    Scott Fair
    Real Estate License ID: 01761504
    (530) 525-2304
    Learn more
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