889 Alder Ave Incline Village, NV 89451
- Medical offices
- 16,350 SF
- 0.75 lot acres
Current Use by Public Records
- Tahoe Spine & Pain Care: Finnoff Jonathan DO / Pain Control Clinic
- Pamela Skeie Mft / Marriage Or Relationship Counselor / Family Counselor
- Transcendence Massage & Bodywork / Massage Therapist
- Advanced Dermatology & Cosmetic Surgery / Cosmetics Store / Dermatologist
- Incline Medical / Medical Clinic / Physician Assistant
Property Details for 889 Alder Ave
- Year built
- 1983
- Construction
- WOOD
- Lot size
- 0.75 lot acres
- Property size
- 16,350 SF
- Zone code
- TA_IVC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 132-020-09
- APU
- 13202009
Description
Discover a hidden gem in Incline Village, Nevada, at 889 Alder Ave (Alder Ave/Village Blvd cross streets), a three-story, 21,789 square foot office building situated on 0.75 acres in Washoe County (zip code 89451). This 1989-built property offers multiple suite options totaling 11,104 square feet of vacant space across 22 suites. The building features two elevators and ample parking with 42 spaces, including a private lot and parking garage. The property is conveniently located across from Tahoe Forest Hospital and near numerous restaurants. It's zoned GC and offers a variety of office subtypes including medical, executive, creative, and traditional spaces. A Gross Modified lease is available, with a 2023 Common Area Maintenance (CAM) fee of $0.27 per square foot per month, encompassing water, sewer, garbage, common area janitorial services, gas, electricity, WiFi in executive suites, and snow removal. This all-inclusive fee provides a hassle-free and well-maintained work environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,415,000
- 6.5%
- $5,215,000
- 7%
- $5,125,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,905,000
- Geo Method
- $5,065,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,400,000
- Retail
- $4,250,000
- Mixed-Use
- $5,320,000
- Hospitality
- $5,945,000
- Educational
- $5,640,000
- Residential Income
- $4,780,000
- Energy
- $4,970,000
- Income-Based Land
- $5,705,000
- Food Service
- $5,515,000
Location Insight
- Map
- Local Demand
- City
- Incline Village
- County
- Washoe
- State
- Nevada
- Longitude
- -119.954
- Latitude
- 39.2506
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
