Property profile

1507 Wls Ave Reno, NV 89502

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US62-0463422
1,666 SF 0.15 ac Built 1939
Last sale Aug 2024·$1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$126k
Assessed land$43k
Assessed improvement$83k
Effective rate3.32%

Value estimate

· Nov 2026
$1.20M
$1.08M – $1.32M
AI approach$1.20M
Submarket $/SF estimate$793k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$129 – $476

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

What can be built here?
GC
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition...
General categoryCOMMERCIAL
JurisdictionWASHOE

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
Watch Repair Shop7.9
HVAC Service7.6

Location

1507 Wls Ave Reno, NV 89502-2988
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1350 Virginia, Reno, NV 89502-2804 $800,000 Dec 2024 1,320 SF
1801 Market, Reno, NV 89502 $730,000 Jan 2024 1,453 SF
1707 Wls, Reno, NV 89502-3306 $76,625 Apr 2023 1,152 SF
195 Kietzke, Reno, NV 89502-1208 $4,750,000 Feb 2023 2,100 SF
1390 Virginia, Reno, NV 89502-2804 $600,000 Aug 2022 1,566 SF
1320 Virginia, Reno, NV 89502-2804 $155,800 Aug 2022 2,009 SF
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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