105 Parr BlvdReno, NV 89512

For Sale
$5,950,000 View listing
  • Warehouses
  • 28,800 SF

Property Details for 105 Parr Blvd

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.29 AC
Property size (Sq ft)
28,800 SF
Zone code
I
Property type
Warehouses
APN
003-092-01
APU
309201

Description

This 28,800-square-foot, single-story industrial building in Reno, Nevada, presents a compelling owner-user or investment opportunity. Situated on a 1.29-acre lot at 105 E Parr Blvd, this Class B property boasts a prime location with excellent freeway access in north Reno, offering versatility for various uses including manufacturing, assembly, or storage. Built in 1979, the building features high-standard office improvements, encompassing private offices, a bullpen, training room, storage rooms, multiple restrooms, and a break room. Ample parking is provided with 30+ spaces, supplemented by adjacent street parking. The property's functionality is enhanced by 400 Amps of 120/208 Volt 3-phase power, two drive-in doors, and a dock with a pit leveler. The building also includes one loading dock and one dock-high door, with an 18-foot ceiling height. The permitted zoning is industrial, making it suitable for a range of industrial operations. The asking price is $5,950,000. This is a rare opportunity in a competitive Reno market. The property's size, amenities, and location make it an attractive prospect for businesses seeking a functional and well-equipped space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,954,274
    Hospitality
    $4,538,089
    Educational
    $3,775,637
    Medical
    $3,905,486
    Retail
    $5,873,212
105 Parr Blvd, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5699
Longitude
-119.822
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
$10,106
$88,830
$196,512
$285,342
-
$253,800
$561,462
$815,262

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