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Property profile & analytics
OFF-MARKET Estimated value $53,830,000
Warehouses

9295 Prototype Dr Reno, NV 89521-8986

583,875 SF 78.81 ac lot Built 1996
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US62-0448480
Property summary
AI-generated overview

This exceptional office campus, located at 9295 Prototype Drive in Reno, Nevada, offers a rare opportunity. Comprising two buildings totaling 211,122 square feet, this property provides flexible spaces ideal for executive offices or coworking environments. The campus sits on a substantial 78.81-acre lot and features two two-story buildings with ceiling heights ranging from 14 to 26 feet. Multiple suites are available, with a minimum divisible space of 104,806 square feet and a maximum contiguous space of 106,236 square feet. Currently, 211,042 square feet are vacant. The property boasts ample parking (1.74 spaces per 1,000 square feet), a robust 400KVA power supply, and fiber optic cable access. Built in 1996, the buildings are of high-quality construction and benefit from redundant backup power. Additional amenities include an on-site KinderCare childcare facility, a private ring road with bridge connectors, elevator service, and an outdoor area. Furniture is available, and the sublandlord is open to flexible lease terms. The property is zoned PD and conveniently located in the South Meadows submarket of South Reno, near housing and with easy access to all parts of the city. The master lease extends to September 2032. This prime location offers a business-friendly environment with low power rates and taxes, and excellent access to the West Coast.

Property profile
Verified
Property type 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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Full Tilt Logistics Trucking Company
  • VSE Factory Production Facility
  • All Over Moving Reno Moving Company
  • International Game Technology Industrial Manufacturer Production Facility
  • Mcmillin Terrence Law Firm
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
Agnl Slots LLC · 9 yrs held
Agnl Slots LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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