275 Kingsbury Grade Rd Stateline, NV 89449
This exceptional fee-simple office building, located at 275 Kingsbury Grade Road in Stateline, Nevada, presents a compelling investment opportunity. The property boasts 1,920 square feet of well-maintained space, spread across two stories within a freestanding structure. Built in 1977 and extensively renovated in 2017, the building offers a modern interior featuring five private offices, three bathrooms, a dedicated conference area, and a welcoming reception space. The functional layout is ideal for a variety of businesses. Situated on a 7,841 square foot lot, the property benefits from a GC zoning designation, allowing for versatile usage options. The asking price is $950,000, translating to $494.79 per square foot. This property is currently vacant, providing immediate occupancy for the new owner. Its prime location in the desirable Stateline area of Douglas County (APN: 1318-26-101-015) offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, updated office building in a highly sought-after location. The property's modern amenities and versatile zoning make it an attractive investment for businesses seeking a functional and strategically located space in Nevada.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.