Commercial Real Estate Market in Washoe Valley, NV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
177 active listings and 2,172 off-market properties in Washoe Valley, NV. Commercial property asks $266/SF to buy and $13.50/SF/Yr to lease.
Market Trends
Washoe Valley, NV spans 76.4 square miles in Carson City County, Nevada. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Washoe Valley, NV runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail vacancy in Washoe Valley, NV runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Washoe Valley, NV runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Multifamily
Multifamily vacancy in Washoe Valley, NV runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Washoe Valley, NV has 4,503 residents in 1,937 households. Density runs 59 people per square mile. Median household income here is $110,363.
Tools
Lease vs Buy Breakeven
At $13.50/SF/Yr lease vs $266/SF buy → buying wins if held > 9.6 years.
At a 5.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Frequently Asked Questions
What is the median price per square foot for commercial property in Washoe Valley?
How much does it cost to lease commercial space in Washoe Valley?
Is it cheaper to lease or buy commercial space in Washoe Valley?
Where does Realmo's Washoe Valley market data come from?
Methodology & data sources
- Asking prices and medians
- There are 83 active for-sale and 94 active for-lease listings in Washoe Valley, NV. The medians are based on 41 of the for-sale and 14 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
