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    9780 S Virginia St Reno, NV 89506

    For Sale
    $2,900,000

    4,922 SF restaurant building with a new 10-year lease.

    Property size:
    4,922 SF
    Lot size:
    0.71 Acres

    Property Features for 9780 S Virginia St

    General Information

    Size
    4,922 SF
    Lot size
    0.71 Acres

    Source: Logic Commercial Real Estate | Reno Agent Emma Beauchamp

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

    Overview

    Fully Leased South Reno Restaurant

    The property at 9780 S. Virginia St. is a 4,922 SF standalone restaurant building located in South Reno. The single-tenant property is fully leased with a newly signed 10-year lease to 999 Pho, a provider of traditional Vietnamese cuisine. The restaurant includes a 4,159 SF main floor with a remodeled kitchen, and a 763 SF mezzanine and office space. The property has frontage along S. Virginia St. and is located a half-block north of the I-580/S. Meadows Pkwy. Interchange.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Thomas Cuisine

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8778283
    Latitude
    39.6173058

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    FAQs

    What type of property is this?
    Restaurant - 4,922 SF restaurant building with a new 10-year lease.
    Where is this restaurant located?
    The property is located at 9780 S Virginia St Reno, NV.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Fully leased, standalone restaurant building providing immediate income.; - New 10-year lease with established tenant, 999 Pho.; - Prime location with significant frontage on S. Virginia St.
    (775) 443-8655
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    9780 S Virginia St Reno, NV 89506
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    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
    9780 S Virginia St Reno, NV 89506
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