Property profile

83 Continental Dr Reno, NV 89509

OFF-MARKET
Office Spaces
Property ID
US62-0946276
2,400 SF 3.68 ac lot Built 2003
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Property summary

AI-generated overview

This exceptional 2,400-square-foot freestanding office building, constructed in 2003, presents a unique opportunity in Reno's highly sought-after Midtown submarket, specifically within the Continental Commerce Center. The property sits on a 3.68-acre lot and is classified as a Class B building. The two-story structure offers convenient access to major freeways (I-580 and I-80) and the downtown area. Ample parking is provided with 17 dedicated spaces conveniently located near the building entrance. The building features a well-designed layout, including a ground floor foyer, ADA-compliant restroom, and a suite encompassing a reception area, lobby/waiting area, conference room, private office, a five-desk open bullpen, and a kitchen. The upper floor includes a bathroom, another five-desk open bullpen, a private office, and a versatile conference room/office. Existing tenant improvements offer immediate functionality and a seamless workflow for any business. The property is zoned for commercial use and boasts a single tenancy, with the entire 2,400 square feet currently vacant. The building is served by NV Energy. The Washoe County Assessor's Parcel Number (APN) is 014-251-57. This property offers a compelling combination of location, amenities, and functionality, making it an ideal investment opportunity. No elevators are present. The cross street is S. Virginia.

Property profile

Verified
Property type Office Spaces
Year built 2003
Total area 2,400 SF
Lot 3.68 ac (160,301 SF)
UPID US62-0946276

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
  • Property Management Company
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

83 Continental Dr Reno, NV 89509
Reno metro
Google Maps

Value estimations

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Owner & transaction history

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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