5220 Neil Rd Reno, NV 89502
Property profile & analytics
5220 Neil Rd Reno, NV 89502
- Medical Office Space
- 10,650 SF
- 0.90 lot acres
Property ID
US62-0414480
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
- Siegrist Christina / Dental Office
- Bertschinger Terry / Dental Office
- Michael S. Gilman, DDS / Dental Office
- Implant & Restorative Dentistry / Dental Office
- Brian E. Evans DDS / Dental Office
Property Details for 5220 Neil Rd
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 0.90 lot acres
- Property size
- 10,650 SF
- Zone code
- MU
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 025-371-27
- APU
- 2537127
Description
This 1,696 square foot office suite, located at 5220 Neil Road, Suite 200, Reno, Nevada 89502, is available for lease. Situated in a Class B building constructed in 1988, this space is part of a larger 10,650 square foot, two-story building with multiple tenants. The suite is ideally located in central Reno, easily accessible from S. McCarran Boulevard. The space features a reception area, several operatory rooms, a dental lab, a private restroom, and a break area, making it well-suited for a dental practice or similar business. The property's zoning is MU (Mixed Use). The building consists of one structure and has a Washoe County APN of 025-371-27. The master lease on the property expires September 1, 2029. This is a fantastic opportunity to secure a well-appointed office space in a convenient Reno location. The maximum contiguous space available is 1,696 square feet.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,755,000
- 6.5%
- $2,545,000
- 7%
- $2,365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,730,000
Market price range: $462k - $2.67M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,715,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $3,515,000 Change: -5% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,405,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.778
- Latitude
- 39.4749
- 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
$21,203
$171,605
$431,615
$603,220
-
$490,300
$1,233,187
$1,723,487
