1615 2ndReno, NV 89502

  • Retail properties
  • 1,326 SF
Off market
$1,552,960 Estimated

Property Details for 1615 2nd

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
1,326 SF
Zone code
MU
Property type
Retail properties
Property subtype
Retail space
APN
012-382-21
APU
1238221

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $292,947
    6.5%
    $270,412
    7%
    $251,097
  • Comparable approach

    Method
    Valuation
    Relative Method
    $765,175
    Geo Method
    $765,175
  • Alternative Use

    Use
    Valuation
    Residential
    $228,103
    Hospitality
    $208,941
    Educational
    $173,837
    Medical
    $179,815
    Retail
    $270,412
1615 2nd, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5277
Longitude
-119.791
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,584
$42,431
$11,035
$53,466
-
$121,230
$31,528
$152,758

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