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    4902-4986 S Virginia St Reno, NV 89506

    For Lease
    $1.85 SF/Yr

    Retail space with frontage on Reno's busiest arterial.

    Property size:
    900 SF
    Lot size:
    4.44 Acres

    Property Features for 4902-4986 S Virginia St

    General Information

    Size
    900 SF
    Lot size
    4.44 Acres

    Source: Kidder Mathews | Reno Agent Shawn Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on South Virginia

    This retail space, totaling 900 square feet, is located on South Virginia Street in Reno. The location benefits from frontage on Reno's busiest arterial and a daytime population of 25,549. The property is near the Reno-Sparks Convention Center, Meadowood Mall, and multiple anchored retail centers. Major retailers in the vicinity include Big 5, Olive Garden, McDonald's, and Batteries Plus.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7903009
    Latitude
    39.4817835

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    FAQs

    What type of property is this?
    Retail space - Retail space with frontage on Reno's busiest arterial.
    Where is this retail space located?
    The property is located at 4902-4986 S Virginia St Reno, NV.
    What is the lease rate?
    The lease rate is $1.85 SF/Yr.
    What are key features of this property?
    This property features: - Prime frontage on S Virginia St, Reno's busiest arterial.; - Close proximity to the Reno-Sparks Convention Center.; - Conveniently located near Meadowood Mall.
    (775) 301-1300
    Request Owner's contact information
    4902-4986 S Virginia St Reno, NV 89506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4902-4986 S Virginia St Reno, NV 89506
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