1 Liberty St Reno, NV 89501
- Banks
- 23,984 SF
- 0.96 lot acres
Current Use by Public Records
- Reno Sparks New Car Dealers / Car Dealer
- Monkeys Amok Software Consulting / Software Company
- GalenaHill Inc. / Software Company
- Secured Communications / Software Company
- NeedCashInstantly.com / Financial Institution
Property Details for 1 Liberty St
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 0.96 lot acres
- Property size
- 23,984 SF
- Zone code
- MDRD
- Property type
- Banks
- APN
- 011-165-17
- APU
- 1116517
Description
This exceptional Class A office space, totaling 1,572 square feet, is situated within a well-maintained, 84,091 square foot, six-story high-rise building in the vibrant heart of Downtown Reno. Located at 1 East Liberty Street, at the corner of East Liberty and South Virginia Street, this property offers unparalleled convenience and prestige. The building boasts on-site property management and security, ensuring a safe and efficient work environment. Recent renovations and upgrades enhance the modern appeal of this traditional office space, which also features floor-to-ceiling windows providing stunning views of the city. Amenities include convenient access to a drive-thru Starbucks located in the surface-level parking lot, along with both surface and underground parking options. The building's central location provides easy access to a wide array of restaurants, fitness centers, hotels, and other downtown amenities. The zoning is CB, and the APN is 011-172-14. This space is immediately available and represents a unique opportunity to secure prime office space in a thriving urban environment. The minimum divisible space is 1,572 square feet, with a maximum contiguous space of 2,806 square feet. The building was constructed in 1976 and includes elevators.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $880,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $910,000
- 7%
- $945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $820,000
- Geo Method
- $875,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $705,000
- Retail
- $820,000
- Mixed-Use
- $915,000
- Hospitality
- $785,000
- Educational
- $860,000
- Residential Income
- $780,000
- Energy
- $900,000
- Income-Based Land
- $805,000
- Food Service
- $760,000
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.812
- Latitude
- 39.522
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
