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Property profile

1125 E 4Th St Reno, NV 89512

FOR SALE
Warehouses
Property ID
US62-0045244
3,010 SF 0.15 ac lot Built 1922
Individually Owned 7-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 3,010 SF
1125 E 4Th St, Reno, NV 89512
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Property summary

AI-generated overview

This exceptional 3,010 square foot mixed-use commercial building presents a unique owner-user opportunity in Reno's vibrant Brewery District. Located at 1125 E 4th St, 89512, this property boasts a versatile layout ideal for various uses, currently configured as an auto shop. The building features two offices, a bullpen, restroom, dedicated work area, and two warehouse spaces, all supported by three grade-level doors and a 200-amp, 208-volt electrical service (buyer to verify). A small, fenced, and gated yard enhances security and functionality. Benefit from excellent street visibility with signage on East 4th Street, plus convenient alley access to the rear. The 0.148-acre lot is zoned MU (Mixed Use), offering flexibility for future expansion or adaptation. This property enjoys a high-traffic location, with approximately 6,150 vehicles passing daily on East 4th Street, just west of the Sutro Street intersection and east of Wells and E 4th Street. Its proximity to amenities, Sparks, and the Reno Tahoe International Airport adds significant value. Furthermore, this investment is situated within an Opportunity Zone, presenting potential tax advantages. The asking price is $645,000, translating to $214.29 per square foot. This is a rare chance to acquire a well-positioned, adaptable commercial property in a thriving Reno neighborhood.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1922
Construction WOOD
Total area 3,010 SF
Lot 0.15 ac (6,447 SF)
Zoning code MU
APN 008-261-11
UPID US62-0045244

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 Motorcycle Shop

Location

1125 E 4Th St Reno, NV 89512
Reno metro Census 105 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2018
7 recorded transactions
2018
$291,000
2007
$335,000
2002
$150,000
1998
$69,529
1997
$150,000
1996
$97,000
1969
Price N/A

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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