Property profile

275 Kingsbury Grade Rd Stateline, NV 89449

OFF-MARKET
Office Spaces
1,920 SF Built 1977
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1977
Total area 1,920 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

275 Kingsbury Grade Rd Stateline, NV 89449
Stateline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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