5011 Meadowood Mall CirReno, NV 89502

Property Details for 5011 Meadowood Mall Cir

Year built

1981

Construction

FRAME

Lot size

1.61 AC

Property size (Sq ft)

27,703 SF

Zone code

MU

Property type

Office properties

Property subtype

Office buildings

APN

025-372-20

APU

2537220

Description

This exceptional 5,000 square foot office space is immediately available for lease within a larger three-story building totaling 28,883 square feet. Situated at 5011 Meadowood Mall Cir, this traditional office space boasts a highly desirable location and offers excellent visibility for businesses seeking strong tenant signage opportunities. The building, constructed in 1981, is situated on a 1.61-acre lot and is zoned MU (Mixed Use). The property features ample parking, a significant advantage for employees and clients. While the minimum leasable space is 5,000 square feet, the maximum contiguous space available is also 5,000 square feet. This presents a unique opportunity for a single tenant seeking a substantial and well-located office space. The property's address is 5011 Meadowood Mall Cir, with a cross street of S Virginia St, and its Washoe County APN is 025-372-20. The building consists of one structure with three stories. This is a multi-tenant building, offering a vibrant and collaborative environment. The central location and high visibility make this an ideal space for businesses seeking to establish a strong presence in the area. Don't miss this chance to secure this prime office space.

• CAP approach

  CAP return

  Valuation

  6%

  $4,163,464

  6.5%

  $3,843,198

  7%

  $3,568,683

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,343,710

  Geo Method

  $6,343,710

• Alternative Use

  Use

  Valuation

  Residential

  $4,765,565

  Hospitality

  $4,365,232

  Educational

  $3,631,822

  Medical

  $3,756,726

  Retail

  $5,649,500

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.474

Longitude

-119.787

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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