Property profile

9222 Prototype Dr Reno, NV 89521

OFF-MARKET
Office buildings
Property ID
US62-1244532
15,672 SF 0.73 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, constructed in 2005, offers 15,672 square feet across two stories in Reno's desirable South Meadows Business Park. The property boasts four suites, with two currently available, ranging from 3,916 to 3,977 square feet. Located near I-580 and surrounded by major employers, including the Sierra Medical Center and the new DMV facility, this location provides unparalleled access to a thriving business community and a wealth of amenities. The building features high-end finishes, floor-to-ceiling windows offering stunning Sierra Nevada mountain views, an elevator, and separate men's and women's restrooms on each floor. Additional features include a dedicated IT room with its own HVAC unit and a first-floor shower. Key fob access ensures security. The 0.73-acre site is zoned PUD, reflecting its strategic placement within a well-established business park. This property presents a unique opportunity for businesses seeking a prestigious and convenient location in a rapidly growing area. The building's modern design, coupled with its proximity to residential areas, restaurants, and retail, makes it an ideal choice for companies seeking to attract and retain top talent. The property's strategic location near major transportation corridors ensures easy access for employees and clients alike.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction WOOD
Total area 15,672 SF
Lot 0.73 ac (32,000 SF)
Zoning code PD
APN 163-101-05
UPID US62-1244532

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
  • Construction Company General Contractor
  • Church Mosque
  • Medical Clinic
  • Construction Company General Contractor

Location

9222 Prototype Dr Reno, NV 89521-8989
Reno metro Census 2216 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2024
7 recorded transactions
2024
$3.6M
2018
$3.4M
2018
Price N/A
2010
Price N/A
2006
$2.9M
2004
Price N/A
2004
Price N/A

Zoning & alternative use

PD · Reno, NV

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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