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Property profile & analytics
OFF-MARKET Estimated value $1,845,000
Warehouses

105 Parr Blvd Reno, NV 89512-1006

28,800 SF 1.29 ac lot Built 1979
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US62-0347966
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,800 SF
Lot 1.29 ac (56,410 SF)
Zoning code I
APN 003-092-01
UPID US62-0347966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • COIT Cleaning and Restoration HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.85M
Owner & transaction history
Dallas Mcpherson Shaffer · 1 yrs held
Dallas Mcpherson Shaffer
since 2025
4 recorded transactions
2025
$2.0M
2024
Price N/A
2021
Price N/A
1969
Price N/A
Zoning & alternative use
I · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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