Check Availability

575 Reactor Way

575 Reactor Way, Reno, NV 89502
Commercial in Washoe
575 Reactor Way in Reno, NV was first built in 1978 and is 46 years old. This has been categorized as a industrial property type. It is a single story home. 575 Reactor Way has 60,480 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 99,927 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The condition of the building has been evaluated as good. The exterior walls of the home are made of tilt-up (pre-cast concrete). Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 575 Reactor Way was last sold in May 17, 2021 for $6,900,000. According to our calculations, that's $114.09 per sqft. Prior to that sales transaction, the property was sold for $5,140,800 in Jan 10, 2020. Current property owners are expected to pay $24,261 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 575 Reactor Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $778,575. To break that down further, the land itself was valued at $384,719. While improvements to the property were assessed at a total of $393,856. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: E
  • Construction Type: Masonry
  • Exterior Walls Type: Tilt-up (pre-cast concrete)
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 99,927
  • Lot Size Frontage Feet: 20
  • Total Building Area: 60,480
  • Gross Building Area: 60,480
  • Building Area: 60,480
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 60,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Subdivision: _UNSPECIFIED
  • Land Acres: 2.294
  • Standard Land Use Code: Industrial (general)
  • County Land Use Code: Personal property general
  • State Land Use Code: Personal property general
  • Legal Description 1: FR N2 SEC 20 TWP 19 RGE 20

Ownership

  • Current Owner : REACTOR WAY PROPERTIES LLC
  • Previous Owner : FUCHS INVESTMENTS LLC
  • Owner Before Previous Owner: TDC IMA LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 980000

Zoning

  • Zoning: IC

Geography

  • Assessors Map Reference: 012-34
  • Parcel: 012-342-10
  • Meridian: SEC 20 TWN 19N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.5033
  • Longitude: -119.762

    Address

  • Full Address: 575 Reactor Way
  • Address - House Number: 575
  • Address - Street Name: Reactor
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Reno
  • Carrier Code: C002
  • 4-Digit Zip Code: 4108
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,261
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,500,000
  • First Open Lien Mortgage Lender: SYMETRA LIFE INSURANCE CO
  • First Open Lien Mortgage Recording Date: Oct 05, 2023
  • First Open Lien Mortgage Loan Amount: $5,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,660,617
  • Market Land Value: $749,452
  • Market Improvement Value: $911,165

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $778,575
  • Assessed Land Value: $384,719
  • Assessed Improvements Value: $393,856

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11837692580
  • Current Sale Price: $6,900,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5184302
  • Previous Sale Recording Date: Jan 13, 2020
  • Previous Sale Contract Date: Jan 10, 2020
  • Previous Sale Amount: $5,140,800
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: TDC IMA
  • Previous Mortgage Transaction Date: Jan 13, 2020
  • Previous Mortgage Loan Amount: $1,340,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Reno



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,395 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
Listing by Manager
Unit for rent at

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 582 ft²
Listing by Manager
Unit for rent at

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 2 Beds
  • 2 Baths
  • 856 ft²
Listing by Manager
Unit for rent at

$1,325 /mo

  • 2 Beds
  • 2 Baths
  • 850 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 575 Reactor Way located in?
The 575 Reactor Way is a commercial located in the neighborhood of Washoe in Reno, Reno.
What is the average sales price for listings in 575 Reactor Way?
The average sales price for units in 575 Reactor Way is $0 currently.

Quantcast