8805 Red Rock Rd Reno, NV 89508-8178
Property profile & analytics
8805 Red Rock Rd Reno, NV 89508-8178
- Office buildings
- 1,056 SF
- 4.39 lot acres
Property ID
US62-0088900
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
- Red Rock Mega Storage / Storage Facility
Property Details for 8805 Red Rock Rd
- Year built
- 2022
- Construction
- METAL FRAME
- Lot size
- 4.39 lot acres
- Property size
- 1,056 SF
- Zone code
- GC
- Property type
- Office buildings
- APN
- 087-350-33
- APU
- 8735033
Description
This exceptional Class A self-storage facility in Reno, Nevada presents a compelling value-add investment opportunity. Built in 2022, the property boasts 96,700 net rentable square feet across four single-story buildings, encompassing 220 units. The facility features a modern leasing office, drive-up and climate-controlled units, and is fully secured with cameras and gated entry/exit. Strategically located less than 0.3 miles from Interstate 395 (50,000+ vehicles per day), the property benefits from high visibility and convenient access. Units average 376 square feet, catering to a diverse range of storage needs, including business, commercial, and RV storage. An additional 15,000 square feet of rentable space can be added to the existing footprint. Furthermore, a fully entitled, permitted, and graded 6.44-acre adjacent lot is available for purchase separately or with the main property, offering significant expansion potential (approximately 93,581 additional square feet). The property sits on 5.44 to 11.88 acres of land and offers a pro-forma NOI of $1,000,000 and a pro-forma cap rate of 6.00%. The asking price is $17,950,000, translating to $185 per square foot. The property's location within Reno's rapidly growing residential and employment hub, coupled with the limited supply of comparable self-storage assets, makes this a rare and valuable investment opportunity. The seller has completed all permitting, engineering, and site preparation for the adjacent lot, making it a truly shovel-ready expansion project. The APN is 087-350-33.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.918
- Latitude
- 39.6323
- 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
$69,442
$180,793
$1,797,147
$1,977,940
-
$516,550
$5,134,706
$5,651,256
