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Property profile & analytics
OFF-MARKET
Medical Office Space

5990 Silver Lk Rd Reno, NV 89506-2303

5,218 SF 0.52 ac lot Built 1988
Entity Owned Free & Clear
Property ID
US62-0520465
Property summary
AI-generated overview

This exceptional 5,218 square foot medical office building presents a unique owner-user opportunity in Reno, Nevada. Located at 5990 Silver Lake Rd, this single-story, standalone building sits on a 0.542-acre lot and boasts a desirable MS zoning designation. Constructed in 1988, the property features a complete medical build-out, making it ideal for immediate occupancy. The asking price is $1,700,000, translating to $325.80 per square foot. The property's multi-tenancy configuration offers flexibility for both investment and owner-occupancy scenarios. Its location within a high-traffic corridor, coupled with significant ongoing surrounding development, ensures strong visibility and future growth potential. Ample parking is available, catering to both patients and staff. The smaller suite sizes within the building are particularly attractive for investors seeking diversified income streams or owner-occupants looking to expand their practice. The property's APN is 550-020-33, and it's situated in the rapidly growing submarket of Washoe County, Nevada, zip code 89506. This is a rare opportunity to acquire a well-established medical office building in a prime location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Construction WOOD
Total area 5,218 SF
Lot 0.52 ac (22,814 SF)
Zoning code MS
APN 550-020-33
UPID US62-0520465
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
  • Desert Valley Dental - Dr. Robyn Goodman, DDS. Dental Office
  • Eberle Joseph J DDS Dental Office
  • Desert Valley Dental | Reno Dentist Dental Office
  • Dr. Robyn Goodman - Desert Valley Dental Dental Office
  • Sakelaris Angelo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Redstone LLC
Redstone LLC
since 2025
Last sale
$3.9M
5 recorded transactions
2025
$1.4M
2025
$3.9M
2017
$1.3M
2014
$900,000
2010
Price N/A
Zoning & alternative use
MS · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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