5905 Virginia StReno, NV 89502

Property Details for 5905 Virginia St

Year built

1990

Construction

WOOD

Lot size

3.37 AC

Property size (Sq ft)

31,174 SF

Zone code

MU

Property type

Banks

APN

040-141-31

APU

4014131

Description

This exceptional Class A office building, located at 5905 S Virginia St, Reno, NV 89502, offers 9,690 square feet of immediately available space in a variety of configurations ranging from 3,832 to 5,857 contiguous square feet. The three-story, 29,616 square foot building, constructed in 1990 and renovated in 2024, boasts two passenger elevators and ample surface parking (4 spaces per 1000 square feet). Situated on a 3.37-acre lot, this property enjoys outstanding visibility from South Virginia Street and I-580/US 395, with potential for building and monument signage. Its prime location across from Meadowood Mall provides easy access to major thoroughfares, public transportation, numerous amenities, and restaurants. The full-service lease rate of $1.85 per square foot per month (excluding suite janitorial) is highly competitive for the Meadowood submarket. The building is professionally managed and well-maintained, offering a desirable environment for businesses seeking a prestigious address in Reno. The building features a Bank of America branch on the ground floor.

• CAP approach

  CAP return

  Valuation

  6%

  $6,887,124

  6.5%

  $6,357,345

  7%

  $5,903,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,989,106

  Geo Method

  $17,989,106

• Alternative Use

  Use

  Valuation

  Residential

  $5,362,658

  Hospitality

  $4,912,166

  Educational

  $4,086,864

  Medical

  $4,227,418

  Retail

  $6,357,345

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4717

Longitude

-119.788

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].