1100 Caughlin XingReno, NV 89519

  • Office properties
  • 6,415 SF
For Lease
$22.20/SF/YR View listing

Property Details for 1100 Caughlin Xing

Year built
1995
Construction
WOOD
Lot size
0.47 AC
Property size (Sq ft)
6,415 SF
Zone code
PD
Property type
Office properties
Property subtype
Office buildings
APN
214-090-09
APU
21409009

Description

This exceptional two-story office building, totaling 6,415 square feet, presents a unique investment opportunity in Reno's desirable West Reno submarket. Situated on a 0.471-acre lot at 1100 Caughlin Crossing, near Plumb Ln and S McCarran, this 1995-built property offers a blend of traditional office space and modern convenience. The building features two suites, with a significant portion currently vacant (4,418 sq ft), providing flexibility for various business needs. Three individual spaces are immediately available, ranging from 1,074 to 2,184 square feet, ideal for small to medium-sized businesses. The property boasts an open floor plan design incorporating multiple bullpen areas and abundant natural light. Ample parking is a key feature, with 26 dedicated spaces and an additional 16 available, ensuring convenient access for employees and clients. Its location at the end of a cul-de-sac offers increased privacy and a tranquil work environment. The property is zoned PU and conveniently located near Interstate 80 and Downtown Reno, providing easy access to major transportation routes and the city's amenities. This is an excellent opportunity to secure a well-located, versatile office space in a thriving Reno neighborhood. The APN is 214-090-09.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,280,164
    6.5%
    $1,181,690
    7%
    $1,097,284
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,468,971
    Geo Method
    $1,468,971
  • Alternative Use

    Use
    Valuation
    Residential
    $1,465,296
    Hospitality
    $1,342,203
    Educational
    $1,116,697
    Medical
    $1,155,102
    Retail
    $1,737,084
1100 Caughlin Xing, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.4994
Longitude
-119.859
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
$12,482
$90,427
$270,671
$361,098
-
$258,363
$773,345
$1,031,708

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