Property profile

5401 Longley Ln Reno, NV 89511

OFF-MARKET
Industrial properties
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Property ID
US62-0348538
27,830 SF 4.76 ac Built 1991
Last sale Apr 2024·$9,378,723
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?
$52k
Tax billed · 2023
Assessed value$1.94M
Assessed land$689k
Assessed improvement$1.25M
Effective rate2.71%

Value estimate

· Nov 2026
$9.38M
$8.44M – $10.32M
AI approach$9.38M
Submarket $/SF estimate$9.78M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$165 – $352
Qualifying comparables9

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?
ME
The ME district is intended to provide a mix of employment focused uses such as light manufacturing, processing, wholesaling, flex space,...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.7
Parking Facility10.7
Auto Parts Store9.9

Location

5401 Longley Ln Reno, NV 89511-1818
County assessor Recorded deeds · 4 transfers 9 qualifying comp sales 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
895 Maestro, Reno, NV 89511-2380 $7,250,000 Dec 2025 30,184 SF
5455 Louie, Reno, NV 89511-1839 $3,540,016 Oct 2024 38,400 SF
5303 Louie, Reno, NV 89511-1833 $3,500,000 Aug 2024 23,636 SF
5301 Longley Lne, Reno, NV 89511-1805 $4,687,076 Apr 2024 27,468 SF
5325 Louie, Reno, NV 89511-1834 $3,677,384 Apr 2024 23,736 SF
3663 Barron, Reno, NV 89511-1802 $6,290,000 Sep 2021 34,000 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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