Financial
Distress signals
Property profile

1055 Wls Ave Reno, NV 89502

OFF-MARKET
Medical Office Space
Property ID
US62-0319253
23,104 SF 1.87 ac lot 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.
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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.

Mortgages

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 · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$955k
Assessed land$434k
Assessed improvement$521k
Effective rate3.43%

Value estimate

· Sep 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 · 15 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
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