Storey County
Reno - NV USA - Industrial Submarket
Industrial real estate intelligence for the Storey County submarket. 31.7M SF of inventory with 15.9% vacancy. Data sourced from various MLS platforms.
31.7MSF
Inventory
4.8MSF
Available
15.9%
Vacancy
12.8%
Availability Rate
$9.41
Asking Rent
1.9%
Rent Growth
1.3MSF
12mo Absorption
5.5MSF
Under Construction
Market Metrics
12mo Delivered
3.7M SF
Under Constr % of Inv
17.5%%
Sale Price/SF
$142
Cap Rate
6.2%%
12mo Sales Volume
$94,555,000
Sales Vol Growth
-73.3%
Asset Value
$5,263,748,175
Net Absorption
+1.3M SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Switch Supernap Reno 2 | - | 299,000 | Buyer 1 IFM Investors | Buyer 2 Switch, Inc. |
| Switch Tahoe Reno 1 | - | 585,346 | Buyer 1 IFM Investors | Buyer 2 Switch, Inc. |
Data Centre Development Potential
High vacancy (15.9%) in Storey County may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 5.5M SF indicates developer confidence in the submarket. Positive net absorption of 1.3M SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Reno - NV USA
Evaluating Storey County for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.