280 Brinkby AveReno, NV 89509

Property Details for 280 Brinkby Ave

Year built

1979

Construction

WOOD

Lot size

0.41 AC

Property size (Sq ft)

9,920 SF

Zone code

MU

Property type

Office buildings

APN

019-322-20

APU

1932220

Description

This exceptional office property, located at 280-300 Brinkby Ave, Reno, NV 89509, offers a unique investment opportunity. Comprising three buildings totaling 9,920 square feet, this property boasts a variety of office spaces suitable for various business needs. Built in 1983, the two-story buildings are zoned MU and feature a mix of executive and traditional office spaces. Multiple tenancies are available, ranging in size from 542 square feet to 2,793 square feet, providing flexibility for businesses of all scales. The property's convenient location near the Peppermill Casino offers excellent visibility and accessibility. All utilities (excluding phone and internet) are included in the rent, making budgeting simple and predictable. Furthermore, tenant improvements are negotiable, allowing for customization to meet specific business requirements. The property's address is 280-300 Brinkby Ave, with a cross street of S Virginia St, and the Assessor's Parcel Number (APN) is 019-322-23. This is a rare opportunity to acquire a well-located, versatile office complex in a thriving Reno neighborhood. Contact us today to learn more about this exciting investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $1,979,615

  6.5%

  $1,827,337

  7%

  $1,696,813

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,271,581

  Geo Method

  $2,271,581

• Alternative Use

  Use

  Valuation

  Residential

  $2,265,898

  Hospitality

  $2,075,550

  Educational

  $1,726,833

  Medical

  $1,786,222

  Retail

  $2,686,185

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4949

Longitude

-119.801

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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