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Property profile & analytics
FOR LEASE
Banks

50 W Liberty St Reno, NV 89501

204,392 SF 1.02 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US62-0062357
Property summary
AI-generated overview

This exceptional Class A office building, located at 50 W Liberty Street in Reno, Nevada, offers 215,916 square feet of prime executive office space. The twelve-story building, constructed in 1980, sits on 1.02 acres of land in the vibrant Mixed-Use Downtown Riverwalk District (APN: 011-183-13). Currently offering multiple tenancy options, spaces range from a minimum of 473 square feet to a maximum contiguous space of 11,104 square feet, accommodating a variety of business needs. The building boasts 14 total suites and provides convenient amenities including onsite covered parking, professional management, a dedicated facility engineer, and 24/7 security. Its prime location offers easy access to Interstate 80, less than five minutes away, ensuring seamless commutes for employees and clients. The building features elevators for convenient access to all floors. This is an unparalleled opportunity to establish a presence in a prestigious and highly sought-after downtown Reno location. The property's upscale and secure environment makes it ideal for businesses seeking a professional and sophisticated image.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1980
Construction STEEL FRAME
Total area 204,392 SF
Lot 1.02 ac (44,431 SF)
Zoning code MDRD
APN 011-183-15
UPID US62-0062357
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
  • Finance of America Mortgage, Damon George, Mortgage Advisor, NMLS-369069 Loan Service Bank
  • Deanne Powell, NMLS: 231841, PrimeLending Loan Service Bank
  • Spin Games LLC Corporate Office
  • Noble Studios Marketing & Advertising
  • Reno Nevada Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.62M
Owner & transaction history
City Of Reno · 3 yrs held
City Of Reno
since 2022
6 recorded transactions
2022
Price N/A
2017
Price N/A
2015
$6.9M
2007
Price N/A
2005
Price N/A
1998
$27.5M
Zoning & alternative use
MDRD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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