5605 Riggins Ct Reno, NV 89502
Property profile & analytics
5605 Riggins Ct Reno, NV 89502
- Medical Office Space
- 14,040 SF
- 1.04 lot acres
Property ID
US62-0375887
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 5605 Riggins Ct
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 1.04 lot acres
- Property size
- 14,040 SF
- Zone code
- MU
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 025-552-10
- APU
- 2555210
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,805,000
- ML approach
- $3,550,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,635,000
- 6.5%
- $3,355,000
- 7%
- $3,115,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,090,000
Market price range: $609k - $3.52M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $4,900,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,635,000 Change: -5% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $4,490,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.777
- Latitude
- 39.4715
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,989
$134,773
$593,674
$728,447
-
$385,067
$1,696,212
$2,081,279
