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Property profile & analytics
OFF-MARKET Estimated value $3,260,000
Medical Office Space

5605 Riggins Ct Reno, NV 89502-6501

14,040 SF 1.04 ac lot Built 1995
Entity Owned ~ Est. High Equity
Property ID
US62-0375887
Property summary
AI-generated overview

This two-story, 14,040-square-foot office building in Reno's Meadowwood submarket offers multiple tenancy options, with 5,998 square feet currently vacant. Units range from a minimum of 1,477 square feet to a maximum contiguous space of 4,521 square feet, providing flexibility for various business needs. Built in 1995, the property features a contemporary design and is conveniently located near I-580 and major thoroughfares, including South McCarran Boulevard, South Virginia Street, and the Southeast Connector. Its proximity to the Reno Tahoe Airport, retail centers, amenities, and a bus line enhances its appeal. Ample parking is available, with a ratio of 5.25 spaces per 1,000 square feet, both in the lot and on the street. The building is elevator-served and may be suitable for medical users due to its previous tenancy. The property is situated at 5605 Riggins Ct, Reno, NV 89502, and is cross-streeted with Meadow Wood Ln in Washoe County. This presents a compelling opportunity for businesses seeking well-located, adaptable office space in a thriving Reno neighborhood.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction WOOD
Total area 14,040 SF
Lot 1.04 ac (45,302 SF)
Zoning code MU
APN 025-552-10
UPID US62-0375887
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
  • eLife Drive Tech Support Center (Bike/Boat/Book/etc) Store
  • Diana Harper, Krch Realty Real Estate Agency
  • Tammy Noble, Krch Realty Real Estate Agency
  • John Forgie, Krch Realty Real Estate Agency
  • Cindy Brenner, Krch Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.55M
CAP Approach CAP
$3.36M
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$3.26M
Owner & transaction history
2095 Investments LLC
2095 Investments LLC
since 2026
Last sale
$2.8M
7 recorded transactions
2026
$2.6M
2021
$2.8M
2019
Price N/A
2018
$2.2M
2014
$800,000
2008
Price N/A
2008
Price N/A
Zoning & alternative use
MU · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned high-frequency transit corridors, or where higher pedestrian activity is desired. The district accommodates an integrated mix of higher-density residential, commercial, retail, employment, and other service-oriented uses.…

Zone name Mixed Use Urban
General category MIXED_USE
Zone area 1,686.99 ac
Source Realmo
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