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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
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
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.
1 1
Property Taxes
| Parcel Number | 1318-09-811-018 | Total Assessment | $194,543 (2025) |
| Land Assessment | $59,850 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $134,693 (2025) | Tax Year | 2024 |
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
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Timberline Building | 625 Hwy 50
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