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    Property profile & analytics

    515 Double Eagle Ct Reno, NV 89511

    • Office buildings
    • 14,169 SF
    • 0.81 lot acres
    For Sale
    View listing
    $3,750,000
    Value Estimation
    Last Sale
    Sep 14, 2021
    Location Intelligence
    Property ID
    US62-0090857
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Yardi Kube / Software Company / Telecommunications Contractor
    • BBSI Reno / Human Resource Consulting / Insurance Agency
    • L. Lance Gilman Real Estate / Real Estate Agency
    • Tahoe-Reno Industrial Center / Transportation Service
    • Rogers Jennifer K / Financial Planner

    Property Details for 515 Double Eagle Ct

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.81 lot acres
    Property size
    14,169 SF
    Zone code
    PD
    Property type
    Office buildings
    APN
    163-062-09
    APU
    16306209

    Description

    This stabilized Class B office building, located at 515 Double Eagle Ct in Reno, Nevada, offers a compelling investment opportunity. The 14,169 square foot, two-story building sits on a 0.808-acre lot and boasts 100% occupancy with a 23-month weighted average lease term (WALT). Built in 1998, this single-unit property features a modern facade and is situated in the desirable South Meadows area, providing excellent freeway visibility from Highway 395. The property's permitted zoning is PD, and its assessed parcel number (APN) is 163-062-09. Ample parking is available, and the suite sizes are considered desirable. The asking price is $3,750,000, representing a 6.00% capitalization rate. This presents a strong potential for future owner-user occupancy, while the current high occupancy ensures immediate stable cash flow. The property's location amongst upscale comparable assets further enhances its investment appeal.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.764
    Latitude
    39.4415
    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
    $20,641
    $147,790
    $528,387
    $676,177
    -
    $422,256
    $1,509,678
    $1,931,934

    Comparable in this City

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      1600 Geiger Grade Rd

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      3,460 SF

      8725 Technology Way Ste A

      OFFICE BUILDING • 3,460 SF
      8725 Technology Way Ste A, Reno, NV 89521-5924
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    • Value Estimation
      $455,000
      3,564 SF

      8725 Technology Way Ste B

      OFFICE BUILDING • 3,564 SF
      8725 Technology Way Ste B, Reno, NV 89521-5924
      View Details
    • Value Estimation
      $5,690,000
      17,701 SF

      8690 Technology Way

      OFFICE BUILDING • 17,701 SF
      8690 Technology Way, Reno, NV 89521-5941
      View Details

    Similar Nearby for Sale

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      South Reno Professional Office Building

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    Similar Nearby for Lease

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      Reno Office Space Available

      Office space available for lease in Reno, Nevada.
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    Reno, NV 89511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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