Property summary
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
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
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Dental Office
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The MS district is intended to promote the gradual transition of the City suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses. Mixed-Use Suburban…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MS · Reno, NVThe MS district is intended to promote the gradual transition of the City suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses. Mixed-Use Suburban…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The MS district is intended to promote the gradual transition of the City suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses. Mixed-Use Suburban…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MS in Reno, NV.
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