Climate-Controlled Storage Condo
D108-25 Panther Dr Reno, NV 89506
D108-25 Panther Dr, Reno, NV, 89506
$103,900
For Sale
$103,900
A 14x40 storage condo unit in a secure gated community with ambient temperature control and 30-amp service.
Property Size560 SF
Price / SF$185.54
Days on Market517
Property Features for D108-25 Panther Dr
General Information
- Standard status
- Active
- Size
- 560 SF
Listing agency
LPT Realty, LLC
(925) 321-8042
Listed by
Kerry Herdt · License #BS.146281
(925) 321-8042
Source
Exprealty
Added: Feb 19, 2025 Updated: Jul 20 at 8:45PM Checked: Jul 20 at 8:45PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale storage condo unit is currently under construction and offered as a separately sold commercial condo. The Luxe unit is designed for vehicle and recreational storage, and includes ambient temperature control and 30-amp electrical service. Standard units are described as having 110V electrical and LED lighting, with insulated garage doors, but without ambient temperature control.
The property is located within a secure gated community and will be managed by a dedicated owners association. On-site features mentioned include a sewer dump, wash bay, common bathrooms and showers, trash service, and there are video and recording devices on site.
Each unit is described as being sold individually. Property taxes and CAM fees are noted as TBD.
The property is located within a secure gated community and will be managed by a dedicated owners association. On-site features mentioned include a sewer dump, wash bay, common bathrooms and showers, trash service, and there are video and recording devices on site.
Each unit is described as being sold individually. Property taxes and CAM fees are noted as TBD.
Key Highlights
- 14x40 storage condo unit in a secure gated community
- Luxe unit includes ambient temperature control and 30‑amp service
- Standard units feature 110V electrical and LED lighting with insulated garage doors (no ambient temperature control)
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.1k | $16.20 |
| − Vacancy | −$680 | −$1.22 |
| EGI | $8.4k | $14.99 |
| − OpEx | −$2.5k | −$4.50 |
| NOI | $5.9k | $10.49 |
560 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$83.9K
$73.4K – $97.9K
NOI $5,874 @ 7.0% cap · market cap 5.65%
Second Best
Warehouse
$55.1K
$48.2K – $64.3K
NOI $3,855 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$172.6K
$151.0K – $201.4K
NOI $12,081 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - A 14x40 storage condo unit in a secure gated community with ambient temperature control and 30-amp service.
Where is this self storage facility located?
The property is located at D108-25 Panther Dr Reno, NV.
What is the asking price?
The asking price for this property is $103,900.
What are key features of this property?
This property features: 14x40 storage condo unit in a secure gated community; Luxe unit includes ambient temperature control and 30‑amp service; Standard units feature 110V electrical and LED lighting with insulated garage doors (no ambient temperature control)
