Property profile

1575 Geiger Grade Rd Reno, NV 89521

OFF-MARKET
Flex space
Property ID
US62-0496408
1,266 SF 2.06 ac lot Built 2021
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2021
Construction FRAME
Total area 1,266 SF
Lot 2.06 ac (89,516 SF)
Zoning code GC
APN 017-051-01
UPID US62-0496408

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
  • Storage Facility

Location

1575 Geiger Grade Rd Reno, NV 89521-8481
Reno metro Census 3205 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2021
5 recorded transactions
2023
Price N/A
2021
Price N/A
2004
$230,000
2004
Price N/A
1989
$67,692

Zoning & alternative use

GC · Reno, NV
Zoning description

The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition of the city's suburban corridors to a mix of higher-density residential, retail, c…

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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