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    2303 S Virginia St Reno, NV 89502

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    For Lease
    $1.75 SF/Yr

    Retail space for lease in central Reno's Orchard Plaza.

    Property size:
    825 SF
    Lot size:
    3.64 Acres

    Property Features for 2303 S Virginia St

    General Information

    Size
    825 SF
    Lot size
    3.64 Acres

    Source: Colliers | Reno Agent Roxanne Stevenson

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

    Overview

    Retail Space in Orchard Plaza

    Located in central Reno, this retail space is within close proximity to MidTown and high-density residential neighborhoods. The property benefits from excellent visibility on South Virginia Street, a heavily-traveled road experiencing over 25,900 vehicles per day. Situated in Orchard Plaza, the location is directly across South Virginia Street from the new RED Development, and just blocks away from Reno Public Market, the redevelopment of the former Shoppers Square. Current tenants in the center include Black Bear Diner, El Pollo Loco, HI-CAP, Iron 24 Fitness, and other local businesses. The available space is 825 square feet.
    Location Intelligence

    Current Use by Public Records

    Star Cleaners Dry Cleaner Shanghai Bistro Shanghainese Restaurant CoinFlip Bitcoin ATM Money Transfer Service Sweat Reno Wellness Center yum yum smoke ... Vaporizer Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8026171
    Latitude
    39.5019295

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    FAQs

    What type of property is this?
    Strip mall - Retail space for lease in central Reno's Orchard Plaza.
    Where is this strip mall located?
    The property is located at 2303 S Virginia St Reno, NV.
    What is the lease rate?
    The lease rate is $1.75 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility on South Virginia Street with high traffic count (over 25,900 vehicles per day).; - Located in Central Reno, close to MidTown and high-density residential neighborhoods.; - Proximity to new RED Development directly across South Virginia Street.
    (775) 848-3673
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    Reno, NV 89502
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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
    2303 S Virginia St Reno, NV 89502
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