4791 Smt Rdg Dr Reno, NV 89523-7917
Property profile & analytics
4791 Smt Rdg Dr Reno, NV 89523-7917
- Medical Office Space
- 4,581 SF
- 2.00 lot acres
Property ID
US62-0276800
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Renown Health: Dr. Sangeeta Wagner, MD / Physician
- Renown Health Urgent Care - Summit Ridge / Medical Clinic
- Luis Palacio, MD / Pediatrician / Physician
- Brion Hill / Pediatrician / Physician
- Rex Weeks / Physician
Property Details for 4791 Smt Rdg Dr
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 2.00 lot acres
- Property size
- 4,581 SF
- Zone code
- NC
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 400-023-01
- APU
- 40002301
Description
This exceptional investment opportunity presents a 4,581 square foot, Class B, single-tenant medical retail building situated on a two-acre lot in Reno, Nevada. Built in 2006, the property boasts a 100% occupancy rate with a long-term tenant—a regional medical center—in place since 2008, operating under a Net Net (NN) lease. The property's strong financial performance is reflected in its attractive 5.95% capitalization rate and $3,400,000 asking price. The property is zoned NC and its convenient location at 4791 Summit Ridge Drive offers easy access to Interstate 80 and South McCarran Parkway, ensuring high visibility and accessibility. This stabilized investment asset presents a compelling opportunity for investors seeking a secure, high-yield return. The sale includes the standalone building
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,185,000
- 6.5%
- $1,095,000
- 7%
- $1,015,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,600,000 Current use
- AUTO REPAIR, GARAGE
- $1,540,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.858
- Latitude
- 39.521
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,518
$329,314
$326,575
$655,889
-
$940,896
$933,072
$1,873,968
