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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2062 Virginia St Reno, NV 89502

5,500 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, located at 2062 S. Virginia St., Reno, NV 89502, offers 5,500 total square feet across four suites. A significant 1,400 square feet is currently vacant, presenting a unique opportunity for a new tenant. Built in 2024, this new construction boasts excellent visibility with frontage on S. Virginia St., experiencing over 11,200 cars per day (CPD) and enjoys proximity to E. Plumb Ln. (18,000 CPD). The property benefits from its strategic location directly across from the Reno Experience District and the redeveloped Reno Public Market, ensuring high foot traffic and visibility. Access to Midtown/downtown and I-580 is convenient via S. Virginia St. and E. Plumb Ln. The area boasts a strong demographic profile, with over 6,400 residents within a 0.5-mile radius and over 3 million annual visitors to the surrounding area. A daytime population exceeding 20,000 and 1,414 businesses within a 1-mile radius further enhance the property's appeal. Ample parking is available on the west and north sides, and building signage opportunities exist. The property has a Walk Score of 87, reflecting its convenient location within the Midtown district. APN: 019-550-09.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 5,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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