Property profile & analytics
1111 Frst St Reno, NV 89509-2708
- Office buildings
- 3,200 SF
- 0.22 lot acres
OFF-MARKET
Last Sale
Dec 23, 2024
Dec 23, 2024
$432,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US62-0472059
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Davinci Meeting Rooms / Marketing & Advertising / Event Planning
- Bonanza Reporting & Videoconference Center / Law Firm
Property Details for 1111 Frst St
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 0.22 lot acres
- Property size
- 3,200 SF
- Zone code
- MURES
- Property type
- Office buildings
- APN
- 014-053-15
- APU
- 1405315
Description
This exceptional 3,200-square-foot office property, located at 1111 Forest Street in Reno, Nevada's vibrant Downtown submarket, presents a unique investment opportunity. The single-tenant building, constructed in 1977 and extensively renovated in 2022, offers a blend of traditional and creative office space. Situated on a 0.223-acre lot (9,714 square feet), the one-story Class B building is highly visible and benefits from ample surface-level and street parking. The property's strategic location near Midtown provides easy access to major transportation arteries, including US 395 and I-580, ensuring seamless connectivity for employees and clients. Large windows throughout the space maximize natural light, creating a bright and productive work environment. The property also offers excellent signage opportunities, enhancing visibility and brand recognition. The zoning is MU-RES. The APN is 014-053-15. The lease rate is $2.20 per square foot per month on a modified gross basis
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.811
- Latitude
- 39.5133
- 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
$3,991
$67,998
$51,169
$119,167
-
$194,280
$146,196
$340,476
