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    639 Isbell Rd Reno, NV 89509

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    639 Isbell Rd Reno, NV 89509


    • Office buildings
    • 40,971 SF
    • 1.69 lot acres
    Four-Story Office Building For Rent For Lease
    $9,605,000
    40,971 SF

    Four-Story Office Building For Rent

    Multi-tenant office building in Reno's central submarket, convenient location.

    639 Isbell Rd, Reno, NV 89509
    View Listing
    Property ID
    US62-1096158
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FirstService Residential Reno / Property Management Company
    • Okechukwu Olisa / Physician
    • Megan Seivert / Physician
    • Ameresco Inc / Corporate Office
    • Washoe County Employees Association (WCEA) / Advocacy Group

    Property Details for 639 Isbell Rd

    Year built
    1996
    Construction
    WOOD
    Lot size
    1.69 lot acres
    Property size
    40,971 SF
    Zone code
    PO
    Property type
    Office buildings
    APN
    019-351-10
    APU
    1935110

    Description

    This exceptional Class A office building, located at 639 Isbell Rd, Reno, NV 89509, offers 3,475 square feet of immediately available space in a prime Airport/Central submarket location. The four-story, 40,971 square foot multi-tenant building boasts a desirable location off Moana Lane, providing convenient access to I-580, executive housing, and downtown Reno. Constructed in 1996 and renovated in 2007, the property sits on a 1.689-acre lot and features ample parking, including surface and covered options, along with convenient street parking on Isbell Road. The building's amenities include a first-floor entry, elevator lobby, and mail room. The property is zoned General Office (GO), allowing for a variety of professional uses. With its professional management and high-quality construction, this is a truly exceptional opportunity for businesses seeking a prestigious and convenient location in Reno. The building offers a 4.00 parking spaces per 1000 square feet ratio. The cross street is Kauai Ct, and the property is situated in Washoe County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $12,875,000
      6.5%
      $11,885,000
      7%
      $11,035,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,787,000
      Market price range: $8.50M - $17.1M
      AI Estimate
      $6,143,000
      Market price range: $3.03M - $10.6M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,630,000
      Current use
      MEDICAL BUILDING
      $14,300,000
      Change: +23% Conversion: Easy
      AUTO REPAIR, GARAGE
      $13,790,000
      Change: +19% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $13,525,000
      Change: +16% Conversion: Easy
      RETAIL STORES
      $10,535,000
      Change: -9% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.804
    Latitude
    39.4927
    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
    $45,913
    $307,235
    $1,826,570
    $2,133,805
    -
    $877,815
    $5,218,771
    $6,096,586
    View Listing
    More about this property
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