3100 Mill StReno, NV 89502

Property Details for 3100 Mill St

Year built

1975

Construction

WOOD

Lot size

1.07 AC

Property size (Sq ft)

32,000 SF

Zone code

IC

Property type

Office properties

Property subtype

Office buildings

APN

013-323-16

APU

1332316

Description

Mill International, located at 3100 Mill St, Reno, NV 89502, offers a prime office opportunity in Washoe County. This two-story, 30,000 square foot building sits on a 1.07-acre lot (APN 013-323-16) and was built in 1973. Currently, there is at least one 740 square foot office space available for lease, with the possibility of combining multiple units to accommodate larger needs. The building features large windows in all units, offering ample natural light, and provides flexibility with various office configurations to suit diverse business requirements. A shared conference room is available for tenant use. The property's convenient location in the Airport corridor provides easy access to US 395 and I-80, with nearby shopping and restaurants. This is an excellent opportunity for businesses seeking a well-situated office space with convenient freeway and airport access. The building is designated as both Executive and Traditional Office space, catering to a variety of business needs and sizes. The multiple tenancy structure allows for a diverse and vibrant work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $4,809,257

  6.5%

  $4,439,314

  7%

  $4,122,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,327,680

  Geo Method

  $7,327,680

• Alternative Use

  Use

  Valuation

  Residential

  $5,504,750

  Hospitality

  $5,042,321

  Educational

  $4,195,152

  Medical

  $4,339,430

  Retail

  $6,525,792

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.5167

Longitude

-119.775

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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