Technical
Financial
Distress signals
Property profile

1500 Terminal Way Reno, NV 89502

OFF-MARKET
Parking lots & garages
Property ID
US62-0757104
550,368 SF 1131.28 ac lot Built 1997
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1997
Construction FRAME
Total area 550,368 SF
Lot 1131.28 ac (49,278,557 SF)
Zoning code MA
APN 015-210-34
UPID US62-0757104

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
  • Aviation Consultant
  • Courier Service Postal Service
  • Freight Service Logistics Company
  • Travel Agency Freight Service

Location

1500 Terminal Way Reno, NV 89502-3429
Reno metro Census 980000 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2022
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

MA · Reno, NV
Zoning description

The MA district is intended to promote a broad range of transportation, service, and employment uses on Reno Tahoe Airport Authority (RTAA) property that compliment and are compatible with RTAA's core mission of maintain…

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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