Property profile

1190 Ryland St Reno, NV 89502

OFF-MARKET
Medical Office Space
Property ID
US62-0440905
1,974 SF 0.19 ac lot Built 1996
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a freestanding 2,120-square-foot medical office building on a 0.19-acre lot, constructed in 1996 and improved with upgrades in 2007. It has been configured specifically for medical use, with a layout that includes a waiting and reception area, a nurses station, restrooms, and a combination of exam rooms and private offices. The building is located at the intersection of Ryland Street and Mill Street, directly south of the Renown Regional Medical Center campus, and is positioned at a signalized intersection with frontage suitable for prominent signage. The site provides 16 parking spaces, including one designated handicap space. The property is zoned MUWM, which allows for multiple use types.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction WOOD
Total area 1,974 SF
Lot 0.19 ac (8,146 SF)
Zoning code MU
APN 013-031-11
UPID US62-0440905

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
  • Physician Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Physician

Location

1190 Ryland St Reno, NV 89502-1702
Reno metro Census 702 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2008
5 recorded transactions
2008
Price N/A
2004
Price N/A
1996
Price N/A
1994
$60,000
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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