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    650 Sierra Rose Dr Ste A Reno, NV 89511-2081
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    Property profile & analytics

    650 Sierra Rose Dr Ste A Reno, NV 89511-2081


    • Medical Office Space
    • 4,239 SF
    • 0.10 lot acres
    Off-Market
    Property ID
    US62-0091670
    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
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Cindy L. Lamerson, MD / Physician / Medical Clinic
    • Casse Billie K DO / Physician / Medical Clinic
    • Galia Meiri / Physician / Medical Clinic
    • The Lash Asylum / Hair Salon
    • Dr Pittman / Physician

    Property Details for 650 Sierra Rose Dr Ste A

    Year built
    2002
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    4,239 SF
    Zone code
    PD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    040-942-31
    APU
    4094231

    Description

    This exceptional Class A office building, totaling 2,661 square feet, is ideally situated in Reno's Quail Corners South Park, conveniently located off McCarren Boulevard and Kietzke Lane. Built in 2002, this single-story, 1-unit property boasts a desirable executive, medical, or traditional office configuration. The building features a meticulously designed interior, showcasing unique architectural elements and high-end finishes, reflecting over $250,000 in recent upgrades. Currently 100% occupied under a gross lease, this property presents a compelling investment opportunity. The 0.062-acre lot is zoned PD and benefits from its proximity to the burgeoning Rancharrah Master Planned Community, offering a blend of residential, retail, and restaurant options. The asking price is $1,300,000, translating to $488.54 per square foot. The seller is open to considering owner financing. This property is surrounded by other medical office buildings, making it an excellent choice for medical professionals or investors seeking a stable, high-demand location. The building's single-story design and ample parking contribute to its overall appeal. This turnkey opportunity offers immediate income generation and significant long-term potential in a thriving Reno neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,095,000
      6.5%
      $1,015,000
      7%
      $940,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $751,000
      Market price range: $204k - $1.49M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,425,000
      OFFICE BUILDING
      $1,280,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.799
    Latitude
    39.4732
    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
    $11,202
    $103,856
    $236,199
    $340,055
    -
    $296,730
    $674,854
    $971,584
    More about this property
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