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Property profile & analytics
OFF-MARKET
Office buildings

423 Plumb Ln Reno, NV 89509-3766

3,064 SF 0.07 ac lot Built 1990
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US62-0436811
Property summary
AI-generated overview

This exceptional two-story office building, located at 423 W Plumb Ln in Reno, Nevada, presents a compelling investment opportunity. Boasting 6,032 square feet, the property is priced at $1,870,000, translating to $310.01 per square foot. Constructed in 1990, the Class B building sits on a single lot and features thirteen reserved parking spaces. The layout is well-designed for optimal functionality, offering a mix of open and private spaces. The upper floor includes a conference room, two bullpens, six individual offices, two restrooms, and a kitchen. The ground floor provides a large office, a bathroom with a shower, a kitchen, storage space, two smaller offices, and a garage with an additional five parking spaces. A built-in reception area enhances the professional atmosphere. The property is zoned PO and has an APN of 014-280-11. This well-maintained building offers a blend of modern convenience and classic design, making it ideal for a variety of businesses. Its strategic location in Reno, Nevada, provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial office building in a thriving Nevada market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction WOOD
Total area 3,064 SF
Lot 0.07 ac (3,172 SF)
Zoning code PO
APN 014-280-11
UPID US62-0436811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Peterson Linda Family Counselor
  • Karen Greathouse, Greathouse Real Estate Real Estate Agency
  • Greathouse Real Estate Company Real Estate Agency
  • BRANDY JEAN KUEBLER Physician
  • Martin Katherine Counselor
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
by Request
Owner & transaction history
Clinton Park Apartments LLC · 1 yrs held
Clinton Park Apartments LLC
since 2025
Last sale
$1.7M
7 recorded transactions
2025
$1.7M
2022
Price N/A
2020
$292,000
2019
Price N/A
2010
$280,000
2009
$709,185
2004
$725,000
Zoning & alternative use
PO · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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