100 Liberty StReno, NV 89501

  • Office properties
  • 159,803 SF
For Lease

Property Details for 100 Liberty St

Year built
1987
Construction
STEEL FRAME
Lot size
0.60 AC
Property size (Sq ft)
159,803 SF
Zone code
MDRD
Property type
Office properties
Property subtype
Office buildings
APN
011-182-29
APU
1118229

Description

Museum Tower, located at 100 W Liberty St, Reno, NV 89501, offers 29,137 square feet of available Class A office space in a 12-story building. This prestigious downtown Reno location boasts a total of 165,000 square feet, with suites ranging from 1,378 to 4,569 contiguous square feet. Built in 1987 and renovated in 2020, the building features secure, covered parking accessible via the main elevator bank. Tenants enjoy complimentary access to a first-floor gym and a recently remodeled shower and locker room. The property is conveniently situated next to the Nevada Museum of Art and within walking distance of numerous restaurants and amenities. The building is professionally managed with a partial on-site manager. The zoning is CB, and the APN is 011-182-29. Multiple tenancy options are available. This exceptional property presents a unique opportunity for businesses seeking a prime location in Reno's vibrant downtown core. The building is comprised of one building and offers elevator access.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,889,960
    6.5%
    $29,436,886
    7%
    $27,334,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,593,288
    Geo Method
    $36,593,288
  • Alternative Use

    Use
    Valuation
    Residential
    $36,501,740
    Hospitality
    $33,435,398
    Educational
    $27,817,858
    Medical
    $28,774,556
    Retail
    $43,272,224
100 Liberty St, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5212
Longitude
-119.813
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
$364,305
$213,831
$9,446,685
$9,660,516
-
$610,945
$26,990,529
$27,601,474

FAQs

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