Property profile

1 E Liberty St Reno, NV 89501

FOR SALE
Banks
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Property ID
US62-0371738
23,984 SF 0.96 ac Built 1973
Last sale Mar 1996·$3,692,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
1 E Liberty St, Reno, NV 89501 For Sale
$26,995,000 23,984 SF
1 E Liberty St, Reno, NV 89501
View Listing

Property summary

AI-generated overview

1 East Liberty is a Class A high-rise office building in Downtown Reno located at the corner of East Liberty and South Virginia Street. The building has a recently upgraded interior and includes on-site property management, security, and underground parking, with a drive-thru Starbucks located in the adjacent surface-level parking lot. The office suite is on the 5th floor and features floor-to-ceiling windows with north-facing views of the surrounding downtown area. The suite’s layout includes…

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?
$41k
Tax billed · 2023
Assessed value$1.09M
Assessed land$427k
Assessed improvement$665k
Effective rate3.73%

Value estimate

· Nov 2026
$880k
$792k – $968k
AI approach$880k
Submarket $/SF estimate$1.42M
NOI build-up
Gross scheduled income$2.43M
Vacancy & credit loss−$450k
Operating expenses−$496k
NOI · 5.51% cap applied$1.49M

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?
5.51%
$1.49M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MDRD
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 Service11.8
Locksmith9.1
Kitchen & Bath9.0

Location

1 E Liberty 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Sierra St, Reno, NV 89501-1397 $650,000 Jul 2024 5,545 SF
235 Virginia, Reno, NV 89501-1407 $760,000 Nov 2022 2,800 SF
132 Ww, Reno, NV 89501-1314 $900,000 Sep 2021 3,500 SF
34 2nd, Reno, NV 89501-1421 $11,200,000 Jul 2021 69,408 SF
151 Sierra, Reno, NV 89501-1304 $1,900,000 May 2021 10,500 SF
210 Sierra, Reno, NV 89501-1307 $2,500,000 Sep 2019 35,000 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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