5525 Kietzke Ln Reno, NV 89511
- Office buildings
- 11,710 SF
- 0.89 lot acres
Current Use by Public Records
- Oracle America / Software Company
- Plumas Bancorp (administrative offices - not a bank branch) / Bank
- Wade Development Co Inc / Real Estate Developer
Property Details for 5525 Kietzke Ln
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 0.89 lot acres
- Property size
- 11,710 SF
- Zone code
- SPD
- Property type
- Office buildings
- APN
- 040-972-20
- APU
- 4097220
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,680,000
- 6.5%
- $3,395,000
- 7%
- $3,155,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,573,000
Market price range: $477k - $1.84M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,540,000 Current use
- AUTO REPAIR, GARAGE
- $3,940,000 Change: +11% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,865,000 Change: +9% Conversion: Easy
- RETAIL STORES
- $3,010,000 Change: -15% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.789
- Latitude
- 39.4636
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA