Property profile

1055 Wls Ave Reno, NV 89502

OFF-MARKET
Medical Office Space
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Property ID
US62-0319253
23,104 SF 1.87 ac Built 1978
Last sale Jan 2024·$7,225,000
Individually Owned Owner of record is an individual. 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?
$33k
Tax billed · 2023
Assessed value$955k
Assessed land$434k
Assessed improvement$521k
Effective rate3.43%

Value estimate

· Nov 2026
$7.23M
$6.50M – $7.95M
AI approach$7.23M
CAP approach$5.52M
Submarket $/SF estimate$6.64M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$349/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$270 – $464

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?
NC 63% / GC 37%
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
Veterinary Clinic7.8

Location

1055 Wls Ave Reno, NV 89502-2550
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
850 Ml, Reno, NV 89502-1413 $4,200,000 Dec 2025 21,165 SF
525 Moana, Reno, NV 89502-4671 $1,638,178 Sep 2023 7,306 SF
475 Kirman, Reno, NV 89502-1907 $1,900,000 Aug 2022 8,310 SF
1175 Harvard, Reno, NV 89502-2106 $1,635,000 Dec 2021 8,235 SF
21 Locust, Reno, NV 89502-1316 $3,925,000 Sep 2021 23,670 SF
5605 Riggins, Reno, NV 89502-6501 $2,800,000 Jan 2021 14,040 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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