Property profile

1640 Ml St Reno, NV 89502

OFF-MARKET
Drive through restaurants
Property ID
US62-0215095
1,058 SF 0.5 ac lot Built 2023
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2023
Construction WOOD
Total area 1,058 SF
Lot 0.5 ac (21,565 SF)
Zoning code MU
APN 013-052-30
UPID US62-0215095

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1640 Ml St Reno, NV 89502-1526
Reno metro Census 702 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

MU · Reno, NV
Zoning description

The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned high-frequency transit corridors, or where higher pedestrian activity is desired.…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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