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Property profile & analytics
OFF-MARKET Estimated value $2,465,000
Office buildings

5525 Kietzke Ln Reno, NV 89511-3025

11,710 SF 0.89 ac lot Built 2003
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US62-0450809
Property summary
AI-generated overview

This exceptional 5,524-square-foot office space is located at 5525 Kietzke Ln, Suite 200, in Reno, Nevada. Situated within the Mountain View Corporate Centre, this second-floor office boasts stunning mountain views and is conveniently located within walking distance of the Village at Rancharrah. The property is part of a professionally maintained building constructed in 2003, classified as Class B, and features a single, two-story building. The zoning is SPD. The space is currently vacant and offers a multiple tenancy opportunity. The property includes a generous parking ratio, a significant advantage for employees and clients. Its proximity to the I-580 on/off ramps ensures easy access to major transportation routes. Adding to its appeal, the office space backs up to Anderson Park, providing a tranquil and pleasant work environment. The Washoe County property (APN: 040-972-20) is in the South Meadows submarket of Reno, NV (zip code 89511). Furniture may be available. This is an excellent opportunity for businesses seeking a well-located, attractive, and functional office space in a desirable Reno neighborhood.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction STEEL FRAME
Total area 11,710 SF
Lot 0.89 ac (38,663 SF)
Zoning code SPD
APN 040-972-20
UPID US62-0450809
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
  • Oracle America (Bike/Boat/Book/etc) Store Corporate Office
  • Plumas Bancorp (administrative offices - not a bank branch) Bank Loan Service
  • Wade Development Co Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.40M
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$2.47M
Owner & transaction history
Silverado Apartments LLC · 5 yrs held
Silverado Apartments LLC
since 2020
4 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SPD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.9M +11.4%
Apartment house (5+ units) $3.9M +9.3%
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