Property profile

425 Lovitt Ln Reno, NV 89506

OFF-MARKET
Flex space
Property ID
US62-0084729
1,923 SF 0.43 ac lot Built 1955
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,923 SF
Lot 0.43 ac (18,731 SF)
Zoning code I
APN 003-084-09
UPID US62-0084729

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
  • Hardware & Home Improvement Interior Design

Location

425 Lovitt Ln Reno, NV 89506-7842
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$1.0M
7 recorded transactions
2025
$1.0M
2008
Price N/A
2001
$205,000
1997
$87,500
1992
$108,180
1969
Price N/A
1969
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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