Technical
Financial
Distress signals
Property profile

380 Parr Blvd Reno, NV 89512

OFF-MARKET
Warehouses
Property ID
US62-0451428
56,000 SF 1.29 ac lot Built 1974
Individually Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 56,000-square-foot industrial warehouse in Reno, Nevada, is available for immediate lease. Located at 380 E Parr Blvd, this single-tenant property boasts a 24-foot clear ceiling height, four dock-high doors, and ample power (800A/480V 3-phase). Built in 1974 and renovated the same year, the building features concrete tilt-up construction and is situated outside the flood plain. The property includes a 3,200-square-foot, two-story office/breakroom area, a 1,600-square-foot enclosed storage area, and updated lighting (T-5, motion sensor). Additional features include ADA-compliant restrooms (four total), painted warehouse walls and columns, skylights, and six warehouse unit heaters. The column spacing is 40' x 40'. The sprinkler system has a .38/3000 rating. This rail-served location (subject to Union Pacific Railroad inspection) is zoned Industrial (I) and has an APN of 003-093-31. The base rent is $0.80 per square foot per month, NNN. The property dimensions are approximately 200' x 280'. This is an ideal space for manufacturing, distribution, or warehousing operations.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 56,000 SF
Lot 1.29 ac (56,410 SF)
Zoning code I
APN 003-093-31
UPID US62-0451428

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

380 Parr Blvd Reno, NV 89512-1010
Reno metro Census 2622 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

I · Reno, NV
Zoning description

The I district is intended to accommodate intensive land uses that require mitigation of impacts, including the heaviest industrial uses. Sites are commonly comprised of large-footprint buildings designed for warehousing…

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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