343 Elm St, Reno, NV 89503-4522
This exceptional four-story, 72,104-square-foot medical office building, constructed in 1991, is ideally situated at 343 Elm Street in Reno, Nevada. Located on the St. Mary's Regional Medical Center campus, it offers unparalleled convenience with a direct underground tunnel connection to the hospital and an attached, complimentary four-level parking garage. The building features multiple tenancies and is meticulously maintained by dedicated on-site personnel. Tenants benefit from the presence of the Surgery Center of Reno on the premises. Its strategic location off Interstate 80 provides easy access, while its proximity to Downtown Reno offers employees and patients a wealth of nearby amenities, including retail, dining, and shopping options. Public transportation, including the Reno Amtrak station (with routes to Sacramento), is within walking distance. The University of Nevada, Reno, is just 1.5 miles away, providing access to a diverse range of academic programs. The property's Assessed Property Number (APN) is 007-202-24, and it's located in Washoe County, Nevada, with a zip code of 89503. The building includes elevators for convenient access to all four floors. This is a rare opportunity to secure a premier medical office space in a highly desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MDNWQ · Reno, NVReno. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.