Property profile

9295 Prototype Dr Reno, NV 89521

OFF-MARKET
Other warehouses
Property ID
US62-0448480
583,875 SF 78.81 ac lot Built 1996
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a two-story office building containing approximately 104,886 square feet, with space designed to be demised into units of about 25,000 square feet. It features a largely open-plan layout with a mix of office areas and conference rooms, along with staff break facilities that include sinks located in multiple areas. The building may be accessed through a main lobby and includes fiber optic cabling and dual-redundant infrastructure. It is supported by enhanced power systems, including a 400 kVA generator with battery backup. Additional components include provisions for signage, and the site includes ample parking. The building is configured to support office and workplace use with integrated infrastructure capacity, and it can be combined with an adjacent building designated as Building A (approximately 106,236 square feet) to reach up to about 211,122 square feet, or separately with Building B (approximately 104,806 square feet), each with largely open layouts that include office space, conference rooms, small data center areas, break areas/counters with sinks, and supporting building systems.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 583,875 SF
Lot 78.81 ac (3,432,789 SF)
Zoning code PD
APN 163-111-01
UPID US62-0448480

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
  • Trucking Company
  • Factory Production Facility
  • Moving Company
  • Industrial Manufacturer Production Facility
  • Law Firm

Location

9295 Prototype Dr Reno, NV 89521-8986
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
$61.84M
Comparable Approach Comparable
by Request
Blend (final) Blend
$53.83M

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2017
$156.0M
2017
Price N/A
1994
$4.6M

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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