Retail
For Sale
Contact for pricing
5925 S Virginia Street, Reno, NV 89502
Commercial space classified for retail use in Reno.
Property Size8,900 SF
Price / SF$393.26
Days on Market203
Property Features for 5925 S Virginia Street
General Information
Standard status
Active
Size
8,900 SF
Property subtype
Retail
Listing Agency:
ArchCrest Commercial Partners LLC
Listed By:
Kevin Annis SIOR, CCIM · License #NV 1000617
Source:
Crexi
Added: Mar 31
Changed: Oct 7
Last Checked: Oct 16 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ArchCrest Commercial Partners LLC
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Investment Insights
Based on property information with market context.
This retail property comprises 8,900 square feet of commercial space at 5925 S. Virginia Street in Reno, Nevada. The address is 5925 S. Virginia Street, Reno, NV 89502.
Key Highlights
- 8,900‑square‑foot retail property
- Located at 5925 S. Virginia Street, Reno, NV 89502
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,622
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,252,440
$2.3M
Cap Rate 7%
$1,608,886
$1.6M
Cap Rate 9%
$1,251,356
$1.3M
Market Conditions
NOI Build-Up for 8,900 SF
Gross rent
$176.2K $19.80/SF
− Vacancy
−$15.3K −$1.72/SF
EGI
$160.9K $18.08/SF
− OpEx
−$48.3K −$5.42/SF
NOI
$112.6K $12.65/SF
Area
Reno, NV
Vacancy
8.70%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,252,440
Cap Rate 7%
$1,608,886
Cap Rate 9%
$1,251,356
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,622 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $192,001 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 89502, NV
47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Reno, NV
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space classified for retail use in Reno.
Where is this retail space located?
The property is located at 5925 S Virginia Street Reno, NV.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 8,900‑square‑foot retail property; Located at 5925 S. Virginia Street, Reno, NV 89502
