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Financial
Distress signals
Property profile

1245 Wells Ave Reno, NV 89502

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 718-square-foot creative office space is ideally located at 1245 S Wells Ave in Reno, Nevada, zip code 89502. The property is classified as both retail and office space, making it highly versatile and suitable for a variety of businesses. Currently, one unit is available within a multi-tenant building. The property's prime location in Reno offers excellent visibility and accessibility, making it an attractive option for businesses seeking a vibrant and dynamic environment. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.4
HVAC Service8.1
Watch Repair Shop8.0

Location

1245 Wells Ave Reno, NV 89502
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6011 Virginia, Reno, NV 89502-6025 $10,700,000 Jun 2025 74,520 SF
5000 Smithridge, Reno, NV 89502-5653 $14,000,000 Jun 2025 43,131 SF
3750 Kietzke, Reno, NV 89502-4728 $17,800,000 May 2025 24,700 SF
5050 Meadowood Mall, Reno, NV 89502-6543 $5,551,633 May 2025 6,419 SF
1565 Vassar, Reno, NV 89502-2719 $1,140,000 Apr 2025 37,492 SF
3200 Ml St, Reno, NV 89502-2243 $1,500,000 Mar 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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