Property profile

100 Gentry Way Reno, NV 89502

OFF-MARKET
Auto shops
Property ID
US62-0365350
16,553 SF 1.96 ac lot Built 1988
Individually Owned 35-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail investment opportunity is located at 100 Gentry Way A, Reno, NV 89502, situated between Kietzke Lane and South Virginia Street. The property consists of a 16,553 square foot service garage building on a 1.96-acre lot, featuring three single-story buildings. Built in 1988 and renovated in 2010, the property is zoned MU and has an APN of 020-201-59. Currently, there is 3,067 square feet of vacant space available for lease, making it ideal for expansion or a new tenant. The property's single-tenant occupancy provides a stable income stream. The convenient location offers excellent visibility and accessibility, making it an attractive option for a variety of businesses. The property is available for lease starting November 1st, 2024. This is a rare chance to acquire a well-maintained, established retail property in a prime Reno location. The property's size and location present a strong potential for future growth and profitability. Serious inquiries are encouraged.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,553 SF
Lot 1.96 ac (85,378 SF)
Zoning code MU
APN 020-201-59
UPID US62-0365350

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Interior Design Auto Repair Shop
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Building Supply General Contractor

Location

100 Gentry Way Reno, NV 89502-4263
Reno metro Census 2211 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

since 1991
1 recorded transaction
1991
$1.7M

Zoning & alternative use

MU · Reno, NV
Zoning description

The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned high-frequency transit corridors, or where higher pedestrian activity is desired.…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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