1100 Terminal Way Reno, NV 89502
- Warehouses
- 21,552 SF
- 1.26 lot acres
Current Use by Public Records
- Bulb Daddy / Lighting Products Wholesaler / Solar Energy Equipment Supplier
- Ambrosia Car Rental Reno-Tahoe / Car Rental Agency
Property Details for 1100 Terminal Way
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.26 lot acres
- Property size
- 21,552 SF
- Zone code
- ME
- Property type
- Warehouses
- APN
- 013-322-18
- APU
- 1332218
Description
This exceptional 15,638 square foot industrial property, located at 1100 Terminal Way in Reno, Nevada (zip code 89502), presents a unique opportunity for businesses seeking versatile space. The property is classified as flex space, encompassing warehouse, distribution, and manufacturing capabilities, making it suitable for a wide range of operations. Currently, one space is available within the multi-tenant building. Its previous use as a Bulb Daddy location suggests adaptable layouts and infrastructure. The property's strategic location in Reno offers excellent access to transportation networks, facilitating efficient logistics and distribution. The building's design is well-suited for a corporate office or showroom, providing ample space for both operational needs and client interaction. This prime Reno location provides a strong foundation for business growth and expansion. The property's versatility and prime location make it an attractive investment for businesses seeking a functional and strategically located space. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is situated at 39.5147951 latitude and -119.7768977 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,335,000
- 6.5%
- $2,615,000
- 7%
- $2,340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,720,000
- Geo Method
- $2,265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,725,000
- Retail
- $2,435,000
- Mixed-Use
- $2,695,000
- Hospitality
- $2,435,000
- Educational
- $2,680,000
- Residential Income
- $2,320,000
- Energy
- $2,270,000
- Income-Based Land
- $2,885,000
- Food Service
- $2,475,000
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.777
- Latitude
- 39.5149
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
