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    1555 Wells Ave Reno, NV 89502

    • Commercial real estate
    • 6,198 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Northern Nv Foundation / Social Services Organization
    • Reno Garage Door Repair / Garage Door Supplier

    Property Details for 1555 Wells Ave

    Year built
    1970
    Lot size
    0.48 lot acres
    Property size
    6,198 SF
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.803
    Latitude
    39.5102

    Comparable in this City

    • Value Estimation by Request
      3.27 Acres

      Reno Nevada 89502 Nutmeg Pl

      Land • 3.27 Acres
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    • Value Estimation by Request
      5,500 SF

      2062 Virginia St

      Restaurants • 5,500 SF
      2062 Virginia St, Reno, NV 89502
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    • Value Estimation
      $1,210,000
      33,192 SF

      115 Moana Ln Ste, Unit 101

      SHOW ROOM, WAREHOUSE • 33,192 SF
      115 Moana Ln Ste, Reno, NV 89502-4280
      View Details
    • Value Estimation
      $830,000
      19,200 SF

      3405 Kietzke Ln

      SHOW ROOM, WAREHOUSE • 19,200 SF
      3405 Kietzke Ln, Reno, NV 89502-4703
      View Details
    • Value Estimation by Request
      3,625 SF

      818 Virginia St

      Retail properties • 3,625 SF
      818 Virginia St, Reno, NV 89502
      View Details
    • Value Estimation
      $9,350,000
      74,124 SF

      2580 Kietzke Ln

      SHOW ROOM, WAREHOUSE • 74,124 SF
      2580 Kietzke Ln, Reno, NV 89502-3605
      View Details

    Similar Nearby for Sale

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      Midtown Reno Commercial Gem

      Iconic Reno business, high-traffic location.
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      Fully Leased Industrial Investment Property

      Two-tenant industrial property with future rental upside in Reno.
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    Similar Nearby for Lease

    • $28 SF/Yr
      10,650 SF

      Reno Office Suite for Lease

      1,696 sq ft, Central Reno Location
      5220 Neil Rd, Reno, NV 89502
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    • $22 SF/Yr
      29,616 SF

      Reno Executive Office Space

      Class A Office Suites Available
      5905 Virginia St, Reno, NV 89502
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    • Contact for pricing
      2,000 SF

      Retail Space in Reno Center

      Retail space available in Reno, anchored by prominent businesses.
      3370-3400 Kietzke Ln, Reno, NV 89502
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    • Contact for pricing
      17,333 SF

      Warehouse/Distribution Center For Rent

      Single-story warehouse/distribution center with rear loading.
      1312 Capital Blvd, Reno, NV 89502
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    • $15 SF/Yr
      9,800 SF

      Reno Flex/Industrial Space Available

      9,800 SF flex/industrial space for lease in Reno.
      4855 Joule St, Reno, NV 89502
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    • $18 SF/Yr
      3,000 SF

      Reno Retail Space Available

      Retail space available for lease in Reno, Nevada.
      535-595 E Moana Ln, Reno, NV 89502
      View Details
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    1555 Wells Ave
    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
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