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Property profile & analytics
OFF-MARKET Estimated value $4,800,000
Warehouses

7930 Sugar Pne Ct Reno, NV 89523-8997

23,224 SF 1.09 ac lot Built 1997
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US62-0364784
Property summary
AI-generated overview

This exceptional 23,224-square-foot flex industrial building in West Reno offers a prime opportunity for businesses seeking versatile space. Situated in a desirable submarket, this Class B property boasts convenient access to I-80, just 1.5 miles away, providing seamless connectivity to Northern California and Downtown Reno. Built in 1997, the single-story building features 18-foot ceilings and five drive-in doors, enhancing operational efficiency. The property is currently divided into two suites: a 7,693-square-foot unit and a 15,551-square-foot unit, offering flexibility for single or multi-tenant occupancy. The entire 23,224 square feet is available for a single tenant. The building benefits from robust 3-phase 1400 AMP power. Its MUW$ zoning ensures diverse usage possibilities. The property's strategic location is further enhanced by its proximity to established businesses like Patagonia, BeaverFit, and Nutrient Survival. This well-maintained building presents a compelling investment or leasing opportunity in a thriving West Reno location. The property's APN is 212-050-09, located in Washoe County.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,224 SF
Lot 1.09 ac (47,437 SF)
Zoning code MS
APN 212-050-09
UPID US62-0364784
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.17M
Blend (final) Blend
$4.80M
Owner & transaction history
Daniel V Twomey · 2 yrs held
Daniel V Twomey
since 2024
Last sale
$4.8M
7 recorded transactions
2024
$4.8M
2010
Price N/A
2010
Price N/A
2005
Price N/A
1996
Price N/A
1996
$166,000
1969
Price N/A
Zoning & alternative use
MS · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $7.8M +112.1%
Apartment house (5+ units) $7.7M +108.1%
Office building $6.2M +67.1%
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