1301 Cordone Ave Reno, NV 89502
- Office buildings
- 25,543 SF
- 0.67 lot acres
Current Use by Public Records
- Friends of Washoe County Library / Non-Profit Organization
- Adopt A Vet Dental Program / Non-Profit Organization / Veterans Organization
- Latino Business Chamber of Commerce / Chamber Of Commerce
- homeopathic medical examiners / Alternative Medicine Practitioner
- Nevada State Board-Homeopathic / Homeopath
Property Details for 1301 Cordone Ave
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.67 lot acres
- Property size
- 25,543 SF
- Zone code
- PO
- Property type
- Office buildings
- APN
- 013-391-09
- APU
- 1339109
Description
This exceptional office property, located at 1301 Cordone Ave in Washoe County, offers a variety of spaces to suit your business needs. The building, constructed in 1973 and extensively renovated in 2008, boasts 25,543 square feet spread across four stories. Currently, two suites are available, ranging from 1,777 to 2,626 square feet, perfect for businesses seeking flexible and modern workspace. The building features convenient on-site parking with 44 spaces, ensuring easy access for employees and clients. Additional amenities include a shared boardroom, ideal for meetings and presentations, as well as a shared break room for employee convenience. Accessibility is enhanced by an elevator and ramp at the building entrance. The property enjoys a prime location, offering easy access to Downtown Reno and the I-580 freeway, providing excellent connectivity throughout the region. All utilities are included in the lease, excluding communication services and in-suite janitorial services. The property's APN is 013-391-09. This is a multi-tenant building offering a blend of traditional and executive office spaces. This is an excellent opportunity to secure high-quality office space in a desirable Reno location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $655,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $770,000
- 6.5%
- $835,000
- 7%
- $840,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $765,000
- Geo Method
- $790,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $640,000
- Mixed-Use
- $865,000
- Hospitality
- $865,000
- Educational
- $885,000
- Residential Income
- $645,000
- Energy
- $725,000
- Income-Based Land
- $725,000
- Food Service
- $750,000
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.791
- Latitude
- 39.5127
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
