1125 4Th StReno, NV 89512

  • Industrial properties
  • 3,010 SF
For Sale
$645,000 View listing

Property Details for 1125 4Th St

Year built
1922
Construction
WOOD
Lot size
0.15 AC
Property size (Sq ft)
3,010 SF
Zone code
MU
Property type
Industrial properties
Property subtype
Other warehouses
APN
008-261-11
APU
826111

Description

This exceptional 3,010 square foot mixed-use commercial building presents a unique owner-user opportunity in Reno's vibrant Brewery District. Located at 1125 E 4th St, 89512, this property boasts a versatile layout ideal for various uses, currently configured as an auto shop. The building features two offices, a bullpen, restroom, dedicated work area, and two warehouse spaces, all supported by three grade-level doors and a 200-amp, 208-volt electrical service (buyer to verify). A small, fenced, and gated yard enhances security and functionality. Benefit from excellent street visibility with signage on East 4th Street, plus convenient alley access to the rear. The 0.148-acre lot is zoned MU (Mixed Use), offering flexibility for future expansion or adaptation. This property enjoys a high-traffic location, with approximately 6,150 vehicles passing daily on East 4th Street, just west of the Sutro Street intersection and east of Wells and E 4th Street. Its proximity to amenities, Sparks, and the Reno Tahoe International Airport adds significant value. Furthermore, this investment is situated within an Opportunity Zone, presenting potential tax advantages. The asking price is $645,000, translating to $214.29 per square foot. This is a rare chance to acquire a well-positioned, adaptable commercial property in a thriving Reno neighborhood.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $517,790
    Hospitality
    $474,293
    Educational
    $394,606
    Medical
    $408,178
    Retail
    $613,832
1125 4Th St, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5332
Longitude
-119.799
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,301
$24,821
$16,499
$41,320
-
$70,917
$47,139
$118,056

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