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Property profile

448 Washington St Reno, NV 89503

OFF-MARKET
Commercial land
Property ID
US62-0244607
7,504 SF 0.28 ac lot Built 1968
Last sale Mar 2021 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$3k
Tax billed · 2023
Assessed value$49k
Assessed land$49k
Effective rate5.52%

Value estimate

· Oct 2026
$2.31M
$2.07M – $2.54M
AI approach$2.46M
CAP approach$1.69M
Submarket $/SF estimate$1.67M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$533/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$223 – $986
Qualifying comparables12

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?
MDNWQ
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.6
Tailor Shop9.7
Locksmith9.6

Location

448 Washington St Reno, NV 89503-4334
County assessor Recorded deeds · 3 transfers 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
433 Elm, Reno, NV 89503 $80,000,000 Nov 2022 1,447 SF
4th, Reno, NV 89503 $10,500,000 Sep 2022 6,020 SF
525 2nd, Reno, NV 89503-5310 $12,066,926 Aug 2022 11,819 SF
155 Stevenson, Reno, NV 89503-5330 $7,750,000 Jan 2022 33,860 SF
430 5th, Reno, NV 89503-4412 $173,891 Dec 2021 1,152 SF
454 Washington, Reno, NV 89503-4323 $900,000 Jan 2019 2,826 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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