5105 Sun Valley BlvdSun Valley, NV 89433

Property Details for 5105 Sun Valley Blvd

Year built

2005

Construction

WOOD

Lot size

0.75 AC

Property size (Sq ft)

1,600 SF

Zone code

GC

Property type

Retail space

APN

085-820-08

APU

8582008

Description

This exceptional retail investment opportunity in Sun Valley, Nevada, presents a 6,600 square foot strip center comprised of two single-story buildings with three suites. Currently, 1,600 square feet of retail space is available for lease, offering significant potential for immediate income generation. The property is zoned for general commercial use and boasts a highly visible location on Sun Valley Boulevard, ensuring excellent exposure to potential customers. The convenient location is within two miles of McCarran Boulevard and Highway 395, providing easy access for both customers and employees. The property's address is 5105 Sun Valley Blvd, Sun Valley, NV 89433, and its Washoe County APN is 085-820-08. The existing building offers a solid foundation for a variety of retail businesses. The available space is ideal for a range of uses, capitalizing on the high traffic count and visibility of its prime location. This is a rare opportunity to acquire a well-situated retail property in a growing area. The property's two buildings offer a total of 6,600 square feet, with three suites in total. This presents a unique opportunity for both owner-occupancy and investment purposes. Don't miss this chance to secure a valuable asset in a thriving commercial market.

• CAP approach

  CAP return

  Valuation

  6%

  $276,552

  6.5%

  $255,279

  7%

  $237,045

• Comparable approach

  Method

  Valuation

  Relative Method

  $381,039

  Geo Method

  $381,039

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $499,395

  Mixed-Use / Specialty

  $253,732

  Hospitality / Lodging

  $185,326

  Office

  $251,561

  Institutional / Educational

  $263,551

  Residential Income

  $308,355

  Multifamily

  $373,356

  Automotive / Energy

  $225,901

  Parking / Income-Based Land

  $78,585

  Restaurant / Food Service

  $130,609

  Healthcare / Senior Housing

  $260,851

Location Insight

City

Sun Valley

County

Washoe

State

Nevada

Latitude

39.5788

Longitude

-119.781

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].