Financial
Distress signals
Property profile

1870 Vassar St Reno, NV 89502

OFF-MARKET
Strip malls
Property ID
US62-0356981
5,672 SF 0.45 ac lot Built 1991
Last sale Nov 2020 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial real estate asset located at 1870 Vassar Street in Reno, Nevada 89510. No additional details regarding building size, configuration, zoning, or physical features were provided, beyond the general classification as commercial property.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$6k
Tax billed · 2023
Assessed value$272k
Assessed land$123k
Assessed improvement$149k
Effective rate2.07%

Value estimate

· Sep 2026
$940k
$846k – $1.03M
AI approach$925k
CAP approach$1.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$402/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$223 – $608

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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.2
Watch Repair Shop8.7
Veterinary Clinic8.3

Location

1870 Vassar St Reno, NV 89502-2148
County assessor Recorded deeds · 8 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
3750 Kietzke, Reno, NV 89502-4728 $17,800,000 May 2025 24,700 SF
5695 Virginia, Reno, NV 89502-6032 $2,611,500 Jan 2025 17,328 SF
499 Plumb, Reno, NV 89502-3501 $4,000,000 Sep 2024 7,500 SF
125 Casazza, Reno, NV 89502-3312 $175,000 Sep 2021 7,512 SF
485 Kietzke, Reno, NV 89502-1418 $2,561,000 May 2020 4,500 SF
525 Kietzke, Reno, NV 89502-1503 $2,561,000 May 2020 7,200 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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