14291 Lear BlvdReno, NV 89506

Property Details for 14291 Lear Blvd

Year built

1982

Construction

METAL FRAME

Lot size

7.63 AC

Property size (Sq ft)

8,000 SF

Zone code

I

Property type

Office properties

Property subtype

Office buildings

APN

090-051-03

APU

9005103

Description

This expansive 144,219-square-foot warehouse, situated on 7.63 acres in Reno, Nevada's North Valleys submarket, presents a significant opportunity. Built in 1982, this single-story industrial building boasts a 29.5-foot ceiling height, providing ample vertical space for various operations. The property features six loading docks, four drive-in doors, and 115 total parking spaces, ensuring efficient loading and ample parking for employees and visitors. The robust power supply of 8,000 amps (120-480v 3-phase heavy power) caters to high-demand industrial needs. Located at 14291 Lear Blvd, Reno, NV 89506 (APN 090-051-03, Washoe County), this property is zoned I. The building's single-tenant occupancy allows for complete control and customization. The address is conveniently located near Stead Blvd. This exceptional warehouse is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,596,464

  6.5%

  $1,473,659

  7%

  $1,368,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,831,920

  Geo Method

  $1,831,920

• Alternative Use

  Use

  Valuation

  Residential

  $1,827,337

  Hospitality

  $1,673,831

  Educational

  $1,392,608

  Medical

  $1,440,502

  Retail

  $2,166,278

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.644

Longitude

-119.89

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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