Property profile

805 7th St Reno, NV 89503

OFF-MARKET
Medical Office Space
Property ID
US62-0360352
7,700 SF 0.46 ac lot Built 1993
Entity Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Construction WOOD
Total area 7,700 SF
Lot 0.46 ac (20,000 SF)
Zoning code PO
APN 006-122-14
UPID US62-0360352

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Physician
  • Dental Office

Location

805 7th St Reno, NV 89503-2700
Reno metro Census 1400 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.84M
Comparable Approach Comparable
$989k
Blend (final) Blend
$350k

Owner & transaction history

since 2002
6 recorded transactions
2002
Price N/A
1996
Price N/A
1991
$144,160
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PO · Reno, NV
Zoning description

The PO district provides for office conversions and small office developments and is considered appropriate in transitional areas designated on the Master Plan or adjacent to residential districts.

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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