4747 Caughlin PkwyReno, NV 89519

Property Details for 4747 Caughlin Pkwy

Year built

2000

Construction

WOOD

Lot size

0.43 AC

Property size (Sq ft)

3,840 SF

Zone code

PD

Property type

Office buildings

APN

041-490-17

APU

4149017

Description

This exceptional 3,840 square foot Class B office building, situated on a 0.43-acre lot in Reno, Nevada, presents a unique leasing opportunity. Built in 2000, this two-story structure boasts a desirable Executive Office layout, suitable for multiple tenants. Currently, 126 square feet are vacant within the larger space. The property features a well-designed interior including a reception area, two spacious open bullpens, multiple convenient entrances, and a fully equipped kitchen. The exterior is enhanced by mature landscaping, adding to the professional appeal. The building is zoned PUD (Planned Unit Development) and is located at 4747 Caughlin Pkwy, Reno, NV 89519 (APN: 041-490-17). This Washoe County property offers a blend of functionality and aesthetic appeal, making it an excellent choice for businesses seeking a prestigious and efficient workspace. The property's convenient location and well-maintained condition make it a highly attractive option for discerning tenants. The existing infrastructure is ready for immediate occupancy, minimizing any potential downtime. This is a rare opportunity to secure a well-established office space in a thriving Reno neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $766,303

  6.5%

  $707,356

  7%

  $656,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $879,322

  Geo Method

  $879,322

• Alternative Use

  Use

  Valuation

  Residential

  $877,122

  Hospitality

  $803,439

  Educational

  $668,452

  Medical

  $691,441

  Retail

  $1,039,814

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4846

Longitude

-119.856

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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