Property profile

3700 Barron Way Reno, NV 89511

OFF-MARKET
Office buildings
Property ID
US62-0226731
12,815 SF 1.05 ac lot Built 2008
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, totaling 12,815 square feet, presents a unique investment opportunity in Reno, Nevada. Situated at 3700 Barron Way, this two-story building boasts high-end finishes and is ideally suited for owner-occupancy or multi-tenant use. Originally constructed in 2008 as a single-tenant corporate headquarters, the current layout offers three separate suites, providing flexibility for various occupancy scenarios. The property features convenient amenities including an elevator, two electric vehicle charging stations, and outdoor decks with stunning mountain views. Its prime location near the Northern Nevada Sierra Medical Center in the South Meadows submarket ensures excellent accessibility, with close proximity to Longley Lane, South McCarran Boulevard, and the Southeast Connector. The building is zoned IC and sits on a 12,815 square foot lot (APN: 164-391-02). The asking price is $4,500,000, translating to $351.15 per square foot. This represents a compelling opportunity to acquire a well-maintained, versatile office space in a thriving Reno location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2008
Construction WOOD
Total area 12,815 SF
Lot 1.05 ac (45,825 SF)
Zoning code IC
APN 164-391-02
UPID US62-0226731

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
  • Accounting Firm Tax Preparation
  • Electric Vehicle Charging Station
  • Electric Vehicle Charging Station
  • Weight Loss Service
  • Alternative Medicine Practice

Location

3700 Barron Way Reno, NV 89511-2388
Reno metro Census 2215 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$520k

Owner & transaction history

since 2024
7 recorded transactions
2024
$4.4M
2024
Price N/A
2020
Price N/A
2018
$2.8M
2017
$2.4M
2014
$2.2M
2011
Price N/A

Zoning & alternative use

IC · Reno, NV
Zoning description

The IC district is intended to provide for a mix of industrial, research and development, and commercial uses. Sites are commonly comprised of moderate-footprint buildings (generally less than 500000 square feet) designe…

General category INDUSTRIAL

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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