About |
Offices |
People |
News |
Contact |
REALTrac™ |
Market Research

Properties
 


Reno, Nevada

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Alliance
Last Updated: 11-Nov-2009		 Market Overview
Print This Page
Market Research

* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) $ 27.00 $ 27.00 $ 27.00 100.0% 9.5%
Class A (Prime) $ 20.40 $ 27.00 $ 22.20 17.5% 8.5%
Class B (Secondary) $ 16.20 $ 22.20 $ 17.40 25.9% 9.3%
 
Suburban Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 16.80 $ 23.40 $ 1.80 22.4% 8.5%
Class B (Secondary) $ 12.00 $ 19.20 $ 18.00 15.5% 9.5%
 
Industrial
Bulk Warehouse $ 3.00 $ 3.96 $ 3.36 14.9% 9.0%
Manufacturing $ 3.10 $ 4.00 $ 3.75 6.2% 9.5%
High Tech / R&D $ 7.80 $ 10.80 $ 9.00 2.0% 10.0%
 
Retail
Downtown $ 12.00 $ 30.00 $ 22.00 N/A N/A
Neigborhood Service Centers $ 12.00 $ 30.00 $ 20.00 15.6% 9.5%
Sub Regional Centers $ 18.00 $ 30.00 $ 22.00 11.0% 9.0%
Regional Malls $ 24.00 $ 50.00 $ 36.00 18.2% 9.5%

Development Land Low () High ()
Office in CBD $ 20 $ 25
Land in Office Parks $ 348,000 $ 435,000
Land in Industrial Parks $ 109,000 $ 174,000
Office/Industrial Land - Non-park N/A N/A
Retail/Commercial Land $ 174,000 $ 261,000
Residential $ 25,000 $ 40,000

 

Home | Contact Us | Privacy Policy | Site Admin Build on the power of our network™ 1 609 945 4000
NAI Global® is not affiliated with the Appraisal Institute®, or its MAI designation.