Property profile

231 Virginia St Reno, NV 89501

OFF-MARKET
Casinos
Saved see the list in your Dashboard
Property ID
US62-0547663
1,386 SF 0.03 ac Built 1935
Last sale Dec 2021·$254,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional opportunity presents the acquisition of The Nugget, a historic casino property situated in the heart of Downtown Reno, Nevada. Built in 1935, this ±8,390 square foot building boasts a rich history and a prime location on N. Virginia St., steps from the iconic Reno Arch. The property features a main floor that previously housed a casino and diner, a basement with storage and prep areas, and a mezzanine level with offices and restrooms. The property is zoned MD-ED (Mixed-Use…

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?
$2k
Tax billed · 2023
Assessed value$50k
Assessed land$17k
Assessed improvement$33k
Effective rate4.21%

Value estimate

· Nov 2026
$260k
$234k – $286k
AI approach$310k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
MDED
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 Service10.0
Locksmith8.7
Laundromat8.6

Location

231 Virginia St Reno, NV 89501
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

1 recorded sale · 8 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Ww, Reno, NV 89501 $131,110 Jan 2021 5,338 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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