Financial
Distress signals
Property profile

300 East 2Nd St Reno, NV 89501

FOR LEASE
Office buildings
Property ID
US62-0354590
519,840 SF 1.08 ac lot Built 1981
Last sale Mar 2024 · $28,416,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Park Center Tower, located at 300 E 2nd St, Reno, NV 89501, offers exceptional office space in the heart of Downtown Reno's Freight House District. This Class B building, constructed in 1981, boasts a total of 136,497 square feet and currently has two available suites ranging from 9,105 to 14,699 square feet. The building caters to a diverse tenant base, including law firms, trust companies, CPAs, tech companies, and customer service centers, reflecting its versatile and desirable location.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$286k
Tax billed · 2023
Assessed value$8.03M
Assessed land$347k
Assessed improvement$7.69M
Effective rate3.56%

Value estimate

· Sep 2026
$28.42M
$25.57M – $31.26M
AI approach$28.42M
Submarket $/SF estimate$26.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$154 – $341

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MDRD
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service16.8
Wholesale Shop15.8
Storage Facility14.0

Location

300 East 2Nd St Reno, NV 89501
County assessor Recorded deeds · 21 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Liberty, Reno, NV 89501-2067 $7,300,000 Aug 2024 28,557 SF
241 Rdg, Reno, NV 89501-2069 $8,100,000 Aug 2024 34,407 SF
245 Liberty, Reno, NV 89501-2220 $351,936 Apr 2024 48,034 SF
275 Hl, Reno, NV 89501-1824 $6,000,000 Aug 2023 16,878 SF
432 Virginia, Reno, NV 89501-1139 $1,475,000 Nov 2022 13,602 SF
200 Virginia, Reno, NV 89501-2405 $6,392,861 Nov 2021 128,316 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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