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    3390 Virginia St Reno, NV 89502

    Sponsored
    For Sale
    $5,000,000
    Property size:
    24,289 SF
    Added:
    Dec 11, 2024
    Days on Market:
    391

    Property Features for 3390 Virginia St

    General Information

    Property type
    Individual retail properties
    Square Feet
    24,289 SF
    Class
    B
    Lot Size
    72,745 SF

    Building Details

    Year Built/Renovated
    1958/1965
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑visibility location on S Virginia Street.
    • Billboard lease included.
    • Building and/or business available for purchase.
    • Excellent site for continued use or redevelopment.
    • Accessible from two major roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    High Sierra Lanes Bowling Alley GIT-R-SMOKED Caterer

    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
    -119.79629584665
    Latitude
    39.492389146549

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    FAQs

    Where is this individual retail property located?
    The property is located at 3390 Virginia St Reno, NV.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: High-visibility location on S Virginia Street.; Billboard lease included.; Building and/or business available for purchase.
    Request Owner's contact information
    3390 Virginia St Reno, NV 89502
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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
    3390 Virginia St Reno, NV 89502
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