845 Aitken St Reno, NV 89502-1313
Property profile & analytics
845 Aitken St Reno, NV 89502-1313
- Medical Office Space
- 3,724 SF
- 0.28 lot acres
Property ID
US62-0216527
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.
Location Intelligence
Current Use by Public Records
- Dr. Steve Cunningham, MD / Physician
- Vincent Aaron Loffredo, MD / Pediatrician / Medical Clinic
- Alpine Bone & Joint Clinic: Cunningham III Everett V MD / Physician
- Bodemer William S MD / Physician
- Mccuskey Jr CF / Medical Clinic
Property Details for 845 Aitken St
- Year built
- 1975
- Construction
- WOOD
- Lot size
- 0.28 lot acres
- Property size
- 3,724 SF
- Zone code
- MU
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 012-122-23
- APU
- 1212223
Description
This exceptional 3,724 square foot freestanding medical office building, located in Reno, Nevada, presents a unique investment opportunity. Built in 1975, this two-story building sits on a 0.28-acre lot and is zoned MU. The property is currently vacant and offers a single-tenant occupancy. The building boasts 14 parking spaces for convenient access. A significant advantage is the inclusion of approximately 3,500 square feet of basement storage, providing ample space for inventory or equipment. The building offers excellent street-front signage opportunities for high visibility. A promotional rate of $1.80 per square foot is available until December 31, 2024, representing a substantial savings compared to the original asking price. This translates to over $28,000 saved on a five-year lease. The property's proximity to Renown Medical Center makes it an ideal location for medical practices. The Assessor's Parcel Number (APN) is 012-122-23. This is a turnkey operation ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,370,000
- ML approach
- $1,060,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $965,000
- 6.5%
- $890,000
- 7%
- $825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,174,000
Market price range: $1.00M - $1.73M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,300,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,495,000 Change: +15% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,190,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.799
- Latitude
- 39.5267
- 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
$5,651
$74,688
$94,107
$168,795
-
$213,395
$268,878
$482,273
