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Timberline Building 625 Hwy 50 5,264 SF 91% Leased Office Building Zephyr Cove, NV 89448 $2,200,000 ($417.93/SF) 4.69% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Well-Maintained Property: Professional ambiance with comprehensive amenities with ADA access on first floor.
  • Modern Office Building: Features flexible floor plans to suit businesses of all sizes
  • Internet for Conference Room: High-speed internet access available in the conference room
  • Weekly Janitorial Service: Regular cleaning to maintain a pristine environment; and Snow Removal & Landscaping services
  • Nearby Dining & Recreation: Convenient dining options and recreational activities for work-life balance
  • Keyless Entry & Individual Door Codes: Modern security features for tenant convenience

EXECUTIVE SUMMARY

Elevate your portfolio at 625 US Hwy 50, Zephyr Cove, NV, with this exceptional fully-occupied B class office building with $122,700 in gross annual revenue. This prime property offers modern amenities, including keyless entry, individual door codes, and high-speed internet in the conference room. The well-maintained building features expansive windows that flood the interior with natural light, enhancing productivity. Enjoy the beautifully landscaped grounds, ADA-accessible first floor, and easy access to major roadways, ample parking, and nearby dining and recreational options. Don’t miss the chance to establish your business in this sought-after location with flexible floor plans and a welcoming work environment. The first floor has 4 suites, 2 conference rooms, common area kitchen with 2 ada compliance bathrooms. The second floor has 9 suites, lobby area, 2 bathrooms. The third floor has an anchor tenant. 9 parking spaces.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,264 SF
Building Class
B
Year Built
1978
Price
$2,200,000
Price Per SF
$417.93
Cap Rate
4.69%
NOI
$103,209
Percent Leased
91%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,754 SF
Building FAR
0.48
Lot Size
0.25 AC
Zoning
C - A peaceful lakeside spot and nearby Zephyr Cove Resort features a beach, boat cruises, and great dining.
Parking
9 Spaces (1.7 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Kitchen
  • Central Heating
  • Wi-Fi
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 203
  • 500 SF
  • Office
  • -
  • Now

No elevator to the second floor.

Space Size Space Use Condition Available
2nd Fl-Ste 203 500 SF Office - Now

2nd Fl-Ste 203

Size
500 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 203

Size 500 SF
Space Use Office
Condition -
Available Now

No elevator to the second floor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1318-09-811-018
Land Assessment
$59,850 (2025)
Improvements Assessment
$134,693 (2025)
Total Assessment
$194,543 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 35877759

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 625 Hwy 50, Zephyr Cove, NV 89448

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