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Property profile & analytics
FOR LEASE
Community centers

5270 Longley Ln Reno, NV 89511

13,800 SF 0.51 ac lot Built 2006
Entity Owned 12-yr Hold Free & Clear
Property ID
US62-0451351
Property summary
AI-generated overview

This exceptional 4,800 square foot medical office space is ideally located within the desirable Longley Town Center Campus in Reno, Nevada. Situated in Washoe County, at 5270 Longley Lane, zip code 89511, this single-tenant property offers a prime location for a variety of medical uses, including salons, medical spas, or general medical practices. The space boasts extensive plumbing throughout, including showers, and numerous rooms suitable for offices or exam rooms. Ample parking is available for staff and patients. The building enjoys convenient access to major roadways, including McCarran, Longley, and Double R. A significant advantage is its proximity to the Northern Nevada Medical Center, directly across the street, presenting a unique opportunity for synergistic medical businesses. This property represents a rare chance to secure a well-appointed, conveniently located medical office space in a thriving Reno neighborhood. The property type is classified as an office building with a medical office subtype.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2006
Construction WOOD
Total area 13,800 SF
Lot 0.51 ac (22,392 SF)
Zoning code GC
APN 164-450-06
UPID US62-0451351
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
  • Hinoki Sushi Restaurant
  • La Posada Real Restaurant
  • The Source Reno Dispensary (Bike/Boat/Book/etc) Store
  • Arte Affiliated Tattoo & Piercing Shop
  • The Source+ (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.08M
Owner & transaction history
Xiang Tian LLC-ltc Series · 12 yrs held
Xiang Tian LLC-ltc Series
since 2013
4 recorded transactions
2013
$2.2M
2012
$3.7M
2007
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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