200 Virginia StReno, NV 89501

Property Details for 200 Virginia St

Year built

1982

Construction

STEEL FRAME

Lot size

0.57 AC

Property size (Sq ft)

128,316 SF

Zone code

MDRD

Property type

Office properties

Property subtype

Office buildings

APN

011-171-05

APU

1117105

Description

This exceptional Class A office space in downtown Reno offers a variety of workspace solutions, including executive suites, coworking options, and creative office layouts. Located at 200 S. Virginia, 8th floor, this 14,934 square foot building boasts 350 suites, with 5,970 square feet currently available. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building underwent renovations in 2019 and features elevators for convenient access. Enjoy stunning panoramic mountain views and easy access to Reno's vibrant downtown area, including numerous restaurants and bars, as well as convenient transportation links. Its prime location places you near popular science and innovation museums, offering a unique and inspiring work environment. Situated in Washoe County, Nevada, this property provides a compelling opportunity for businesses seeking a prestigious and well-equipped workspace in a thriving city. The building's multiple tenancy structure offers flexibility for various business needs. This is a truly remarkable opportunity to establish your business in a dynamic and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $25,606,480

  6.5%

  $23,636,750

  7%

  $21,948,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,383,080

  Geo Method

  $29,383,080

• Alternative Use

  Use

  Valuation

  Residential

  $29,309,570

  Hospitality

  $26,847,408

  Educational

  $22,336,728

  Medical

  $23,104,924

  Retail

  $34,746,024

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.523

Longitude

-119.811

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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