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Financial
Distress signals
Property profile

63 Keystone Ave Reno, NV 89503

FOR LEASE
Office buildings
Property ID
US62-0431739
8,660 SF 0.47 ac lot Built 1972
Last sale Dec 2021 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
63 Keystone Ave, Reno, NV 89503 For Lease 1 / 3
$355,000 1,754 SF available
63 Keystone Ave, Reno, NV 89503
View Listing

Property summary

AI-generated overview

The property is a professional office space located at 63 Keystone Ave in Reno, offering 494 square feet of interior space. It is equipped with LED lighting and heating, ventilation, and air conditioning (HVAC) with modern thermostats for climate control. The space provides fiber-wired connectivity and access to shared amenity areas, including a community conference room and breakroom, as well as a landscaped outdoor break area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$286k
Assessed land$143k
Assessed improvement$143k
Effective rate3.18%

Value estimate

· Oct 2026
$355k
$320k – $391k
Submarket $/SF estimate$1.63M
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$9k
Operating expenses−$10k
NOI · 1,771,771.43% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 323 recorded sales of this use type
Observed band · Q1–Q3$184 – $381

Cap rate analysis

How does the asset earn?
1,771,771.43%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PO
The PO district provides for office conversions and small office developments and is considered appropriate in transitional areas designa...
General categoryRESIDENTIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.2
Locksmith9.4
Tailor Shop9.2

Location

63 Keystone Ave Reno, NV 89503
County assessor Recorded deeds · 16 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
455 5th, Reno, NV 89503-4413 $340,000 Jun 2024 4,100 SF
520 6th, Reno, NV 89503-4423 $1,740,282 Dec 2022 10,098 SF
85 Keystone, Reno, NV 89503-5571 $1,270,000 Aug 2021 10,058 SF
690 2nd, Reno, NV 89503-5312 $1,050,000 Jul 2021 3,828 SF
430 Stoker, Reno, NV 89503-5065 $700,000 May 2021 8,890 SF
100 Washington, Reno, NV 89503-5686 $3,300,000 Apr 2019 11,672 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $700,000
    8,890 SF
    430 Stoker Ave
    OFFICE BUILDING
    430 Stoker Ave, Reno, NV 89503-5065
    View Details
  • Value Estimation
    $1,275,000
    10,058 SF
    85 Keystone Ave
    OFFICE BUILDING
    85 Keystone Ave, Reno, NV 89503-5571
    View Details
  • Value Estimation
    $1,795,000
    10,098 SF
    520 6th St
    OFFICE BUILDING
    520 6th St, Reno, NV 89503-4423
    View Details
  • Value Estimation
    $1,250,000
    6,972 SF
    250 Chism St
    OFFICE BUILDING
    250 Chism St, Reno, NV 89503-5109
    View Details
  • Value Estimation
    $3,445,000
    11,808 SF
    1317 Virginia St
    OFFICE BUILDING
    1317 Virginia St, Reno, NV 89503-3029
    View Details
  • Value Estimation
    $920,000
    6,153 SF
    539 Riverside Dr
    OFFICE BUILDING
    539 Riverside Dr, Reno, NV 89503-5331
    View Details

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