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Property profile & analytics
OFF-MARKET Estimated value $2,615,000
Office buildings

1175 Financial Blvd Reno, NV 89502-2348

13,104 SF 1.77 ac lot Built 1985
Entity Owned ~ Est. High Equity
Property ID
US62-0566523
Property summary
AI-generated overview

This exceptional 13,104-square-foot single-tenant office building, located at 1175 Financial Boulevard in Reno, Nevada, presents a unique opportunity. Situated on a 1.77-acre lot, this Class B property boasts ample parking with 105 spaces and substantial yard space. Built in 1985, the one-story building features a versatile layout ideal for various office or flex uses. Previously utilized as a call center, the space includes three large conference or training rooms, a spacious bullpen area, a convenient break room, a welcoming reception area, and several private offices. The property is zoned ME (Mixed Employment) and is conveniently located in Reno's Airport/Central submarket, with easy access via Equity Ave. The building is fully vacant, offering immediate occupancy for a single tenant. While there are no elevators, the single-story design ensures easy accessibility throughout the entire space. Power is readily available. This property offers a compelling combination of size, location, and amenities, making it an attractive option for businesses seeking a substantial and well-equipped office space in Reno.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,104 SF
Lot 1.77 ac (77,014 SF)
Zoning code ME
APN 012-402-43
UPID US62-0566523
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
  • Dealnet Capital Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$2.62M
Owner & transaction history
Reno Crrc LLC
Reno Crrc LLC
since 2025
Last sale
$2.7M
7 recorded transactions
2025
$2.7M
2025
$2.7M
2016
Price N/A
2006
Price N/A
2006
Price N/A
2006
$229,000
2003
Price N/A
Zoning & alternative use
ME · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $4.3M +46.4%
Auto repair, garage $4.2M +41.9%
Industrial (general) $3.6M +22.2%
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