Property profile

5301 Longley Ln Reno, NV 89511

FOR LEASE
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Property ID
US62-0555940
27,468 SF 1.29 ac Built 1990
Last sale Apr 2024·$4,687,076
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 4,915-square-foot flex space configured with office areas and warehouse-style access, including 12-foot grade-level doors and a 14-foot clear ceiling height. It is served by three-phase power and includes on-site parking, with the building positioned for convenient access to employment and local amenities. The roof was replaced in 2023.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$639k
Assessed land$206k
Assessed improvement$434k
Effective rate3.40%

Value estimate

· Nov 2026
$4.69M
$4.22M – $5.15M
AI approach$4.69M
Submarket $/SF estimate$4.53M
NOI build-up
Gross scheduled income$104k
Vacancy & credit loss−$12k
Operating expenses−$28k
NOI · 4,314,133.33% cap applied$65k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$165 – $352
Qualifying comparables9

Cap rate analysis

How does the asset earn?
4,314,133.33%
$65k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IC
The IC district is intended to provide for a mix of industrial, research and development, and commercial uses. Sites are commonly compris...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.5
Auto Parts Store12.4
Grocery Store9.9

Location

5301 Longley Ln Reno, NV 89511
County assessor Recorded deeds · 8 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
895 Maestro, Reno, NV 89511-2380 $7,250,000 Dec 2025 30,184 SF
5303 Louie, Reno, NV 89511-1833 $3,500,000 Aug 2024 23,636 SF
5425 Louie, Reno, NV 89511-1877 $3,700,000 Apr 2024 19,800 SF
5401 Longley, Reno, NV 89511-1818 $9,378,723 Apr 2024 27,830 SF
5325 Louie, Reno, NV 89511-1834 $3,677,384 Apr 2024 23,736 SF
3663 Barron, Reno, NV 89511-1802 $6,290,000 Sep 2021 34,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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