Technical
Financial
Distress signals
Property profile

1130 Selmi Dr Reno, NV 89512

OFF-MARKET
Office buildings
Property ID
US62-0942727
1,317 SF 0.03 ac lot Built 2006
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This vacant 1,296 square foot commercial office space, located at 1130 Selmi Dr 603, Reno, NV 89512, presents a unique investment opportunity. The property is situated in an established professional and medical park, offering convenient access from N McCarran Boulevard and Highway 395 North. Its Class B designation reflects a solid foundation for renovation and customization. Currently vacant, this space allows for complete design flexibility, ideal for creating a tailored office or medical facility. The property's location offers proximity to the University of Nevada, Reno (UNR) campus and benefits from the presence of the North Reno Veterans Affairs Clinic as a key anchor tenant in the multi-tenant business park. The asking price is $249,600. The APN is 00444014. This is a chance to build your ideal workspace without the constraints of leasing, in a well-established and convenient location. The property includes both office space and land, offering potential for future expansion or development. This is a blank canvas for your business needs, ready for your vision. Seize this opportunity to own your space in a thriving Reno business park.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction WOOD
Total area 1,317 SF
Lot 0.03 ac (1,271 SF)
Zoning code NC
APN 004-440-13
UPID US62-0942727

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
  • Tax Preparation
  • Loan Service Bank
  • Financial Advisor
  • Financial Advisor

Location

1130 Selmi Dr Reno, NV 89512-6701
Reno metro Census 1501 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2025
Last sale
$171,210
7 recorded transactions
2025
$210,000
2025
$210,000
2022
Price N/A
2022
Price N/A
2022
$315,941
2022
$171,210
2022
$168,480

Zoning & alternative use

NC · Reno, NV
Zoning description

The NC district is intended to promote a mix of pedestrian-oriented commercial, retail, services, and housing options. Additional standards are included to ensure that the site design, uses, and scale are consistent with…

General category COMMERCIAL

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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