Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    201 Liberty St Reno, NV 89501

    • Office buildings
    • 28,557 SF
    • 0.62 lot acres
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    $7,330,000
    Last Sale
    Aug 22, 2024
    $7,300,000
    Location Intelligence
    Property ID
    US62-1230658
    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

    • humphrey law / Consultant
    • Synap, Custom Software Development / Software Company
    • Tahoe Pacific Hospital / Hospital
    • Reno Engineering Corporation / Civil Engineer / Engineering Consultant
    • Mersive Brand / Marketing Agency

    Property Details for 201 Liberty St

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    28,557 SF
    Zone code
    MDRD
    Property type
    Office buildings
    APN
    011-162-21
    APU
    1116221

    Description

    This exceptional 2,446 square foot creative office space is ideally situated in Reno's vibrant Downtown submarket at 201 W Liberty St (cross streets: Hill St & Liberty St). Located in a Class B building constructed in 1973, this single-building property offers a desirable blend of character and modern functionality. The space is part of a larger 28,557 square foot multi-tenant building, featuring four stories and convenient elevator access. The open floor plan is complemented by a built-in kitchen and a dedicated conference room, enhancing both productivity and collaboration. This 0.624-acre property is zoned MUDR and boasts a convenient location near numerous coffee shops and restaurants, making it an attractive option for businesses seeking a dynamic and accessible work environment. The property's APN is 011-162-21, and it's situated in Washoe County, Nevada, zip code 89501. The minimum divisible space is 2,446 square feet, which is also the maximum contiguous space currently available.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,510,000
      6.5%
      $7,325,000
      7%
      $6,705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,570,000
      Geo Method
      $7,320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,465,000
      Retail
      $6,380,000
      Mixed-Use
      $7,065,000
      Hospitality
      $8,015,000
      Educational
      $8,085,000
      Residential Income
      $7,615,000
      Energy
      $6,595,000
      Income-Based Land
      $8,015,000
      Food Service
      $8,045,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.814
    Latitude
    39.5216
    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
    $30,870
    $212,518
    $579,558
    $792,076
    -
    $607,195
    $1,655,881
    $2,263,076

    Comparable in this City

    • Value Estimation by Request
      1,869 SF

      1st St

      OFFICE BUILDING • 1,869 SF
      1st St, Reno, NV 89501
      View Details
    • Value Estimation by Request
      1,234 SF

      120 Pickard Pl

      OFFICE BUILDING • 1,234 SF
      120 Pickard Pl, Reno, NV 89501-1936
      View Details
    • Value Estimation by Request
      159,803 SF

      100 Liberty St

      OFFICE BUILDING • 159,803 SF
      100 Liberty St, Reno, NV 89501-1962
      View Details
    • Value Estimation
      $28,340,000
      519,840 SF

      300 2nd St

      OFFICE BUILDING • 519,840 SF
      300 2nd St, Reno, NV 89501-1500
      View Details
    • Value Estimation by Request
      690 SF

      325 Liberty St

      OFFICE BUILDING • 690 SF
      325 Liberty St, Reno, NV 89501-2212
      View Details
    • Value Estimation
      $290,000
      5,016 SF

      421 Hl St

      OFFICE BUILDING • 5,016 SF
      421 Hl St, Reno, NV 89501-1821
      View Details

    Similar Nearby for Sale

    • $9,000,000
      92,000 SF

      Downtown Reno Office/Retail Building

      Seven-story office/retail building in the heart of Downtown Reno.
      101 N Virginia St, Reno, NV 89501
      View Details
    • $650,000
      1,746 SF

      Downtown Reno Office Opportunity

      Two office-converted homes on a corner lot in Downtown/Midtown Reno.
      331 E Liberty St, Reno, NV 89501
      View Details
    • $2,500,000
      8,341 SF

      Downtown Reno Professional Office Building

      Two-story office building in the heart of Downtown Reno.
      299 S Arlington Ave, Reno, NV 89501
      View Details
    • $675,000
      1,741 SF

      Updated Office Building in Reno

      Downtown Reno office building with recent updates and parking.
      18 Stewart St, Reno, NV 89501
      View Details
    • $4,195,000
      13,082 SF

      Downtown Reno Income Property Portfolio

      High-yield, multi-tenant office complex.
      247 California Ave, Reno, NV 89501
      View Details
    • Contact for pricing
      963 SF

      Liberty Office Condos: Reno, NV

      Downtown Reno Office Condos: Prime Location
      245 Liberty St, Reno, NV 89501
      View Details

    Similar Nearby for Lease

    • $9,000,000
      15,019 SF

      Downtown Reno Office Building

      Prime downtown location with diverse amenities and walking distance attractions.
      100 N Sierra St, Reno, NV 89501
      View Details
    • Contact for pricing
      6,701 SF

      Executive Suites, Reno, NV

      Prestigious Reno Office Space Available
      200 Virginia St, Reno, NV 89501
      View Details
    • $25 SF/Yr
      28,557 SF

      Downtown Reno Creative Office Space

      2,446 SF Available, Modern Amenities
      201 Liberty St, Reno, NV 89501
      View Details
    • Contact for pricing
      215,916 SF

      Luxury Reno Executive Suites

      Prestigious Downtown Reno Office Space
      50 Liberty St, Reno, NV 89501
      View Details
    • $22 SF/Yr
      14,934 SF

      Downtown Reno Class A Office Space

      Modern Suites, Panoramic Views, Prime Location
      200 Virginia St, Reno, NV 89501
      View Details
    • $500 /Mo
      225 SF

      Reno Office Space Available

      Office space available for rent in Reno, Nevada.
      421 Court St, Reno, NV 89501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Liberty St
    Reno, NV 89501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.