639 Isbell RdReno, NV 89509

Property Details for 639 Isbell Rd

Year built

1996

Construction

WOOD

Lot size

1.69 AC

Property size (Sq ft)

40,971 SF

Zone code

PO

Property type

Office properties

Property subtype

Office buildings

APN

019-351-10

APU

1935110

Description

This exceptional Class A office building, located at 639 Isbell Rd, Reno, NV 89509, offers 3,475 square feet of immediately available space in a prime Airport/Central submarket location. The four-story, 40,971 square foot multi-tenant building boasts a desirable location off Moana Lane, providing convenient access to I-580, executive housing, and downtown Reno. Constructed in 1996 and renovated in 2007, the property sits on a 1.689-acre lot and features ample parking, including surface and covered options, along with convenient street parking on Isbell Road. The building's amenities include a first-floor entry, elevator lobby, and mail room. The property is zoned General Office (GO), allowing for a variety of professional uses. With its professional management and high-quality construction, this is a truly exceptional opportunity for businesses seeking a prestigious and convenient location in Reno. The building offers a 4.00 parking spaces per 1000 square feet ratio. The cross street is Kauai Ct, and the property is situated in Washoe County.

• CAP approach

  CAP return

  Valuation

  6%

  $8,176,089

  6.5%

  $7,547,159

  7%

  $7,008,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,381,949

  Geo Method

  $9,381,949

• Alternative Use

  Use

  Valuation

  Residential

  $9,358,477

  Hospitality

  $8,572,315

  Educational

  $7,132,066

  Medical

  $7,377,348

  Retail

  $11,094,324

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4927

Longitude

-119.804

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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