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Property profile & analytics
FOR LEASE
Warehouses

9515 North Virginia St Reno, NV 89506

247,007 SF 19.92 ac lot Built 2023
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US62-0678049
9515 North Virginia St, Reno, NV 89506 For Lease
$2,275,000 246,392 SF available
9515 North Virginia St, Reno, NV 89506
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Property summary
AI-generated overview

This exceptional 246,392 square foot warehouse in Reno, Nevada, presents a unique opportunity for businesses seeking expansive industrial space. Located at 9515 N Virginia St, 89506, within Washoe County, this 2022-built facility boasts a remarkable 36-foot ceiling height, ideal for high-volume storage and operations. The property is zoned IC Industrial Commercial, ensuring flexibility for a wide range of industrial uses. With a total of 235 parking spaces, ample room is available for employees and visitors. The building's robust power infrastructure includes a 4,000 AMP, 277/480 Volt, 3-phase, 4-wire service, capable of supporting demanding energy requirements. Currently, the entire 246,392 square feet is available for lease, making it an ideal location for a single large tenant or multiple smaller tenants. This modern warehouse offers an unparalleled opportunity to establish a significant presence in Reno's thriving industrial market. The property's strategic location provides easy access to major transportation routes, enhancing logistical efficiency. The entire space is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2023
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 247,007 SF
Lot 19.92 ac (867,715 SF)
Zoning code MU
APN 082-092-11
UPID US62-0678049
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.09M
Blend (final) Blend
$2.28M
Owner & transaction history
Majestic Sieroty Reno II LLC · 4 yrs held
Majestic Sieroty Reno II LLC
since 2022
Last sale
$2.0M
5 recorded transactions
2022
$2.0M
2021
$2.0M
2014
Price N/A
2014
$36,000
2006
Price N/A
Zoning & alternative use
MU · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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