Property profile

400 South Wells Ave Reno, NV 89502

FOR SALE
Creative space
Property ID
US62-Q001676
9,586 SF
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Property summary

AI-generated overview

Located in the heart of the Wells district, this two story fully renovated boutique office/retail/flex building provides a creative workspace in a hip part of town. The contemporary build out provides abundant natural light and outdoor patio spaces. The central location on a major thoroughfare provides quick and easy access to Downtown and the nearby I80 and I580 Freeways. The building is surrounded by a wide assortment of restaurant and retail amenities and sits directly across the street from Stewart Park. More Less LIVE/WORK Excellent Owner User Opportunity Retail/Flex/Office Building

Property profile

Verified
Property type Creative space
Total area 9,586 SF
UPID US62-Q001676

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
  • Logistics Company Freight Service
  • Architecture Firm Architect

Location

400 South Wells Ave Reno, NV 89502
Reno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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