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Financial
Distress signals
Property profile

1150 Selmi Dr Ste 505 Reno, NV 89512

OFF-MARKET
Office buildings
Property ID
US62-1051716
1,800 SF 0.04 ac lot Built 2006
Last sale Dec 2025 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This professionally designed office suite in Reno is fully built out and configured for both private and collaborative work. The interior layout includes a front reception area, four private offices, a server/storage room, a conference room, and a large open bullpen area with a breakroom. Additional spaces include a file room and an open workspace area, and the suite is fully furnished and can be provided with the space. The suite is located in central Reno with proximity to local attractions…

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$129k
Assessed land$30k
Assessed improvement$98k
Effective rate1.69%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$370k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$145 – $488
Qualifying comparables3

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?
NC
The NC district is intended to promote a mix of pedestrian-oriented commercial, retail, services, and housing options. Additional standar...
General categoryCOMMERCIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.5
Law Firm19.5
Dental Office19.2

Location

1150 Selmi Dr Ste, Unit 505 Reno, NV 89512-4795
County assessor Recorded deeds · 12 transfers 3 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
2465 Sutro, Reno, NV 89512-1612 $680,000 Dec 2025 1,600 SF
1190 Selmi, Reno, NV 89512-4778 $283,020 Sep 2023 1,590 SF
1160 Selmi Dr, Reno, NV 89512-4796 $930,000 Aug 2022 2,127 SF
1180 Selmi Dr, Reno, NV 89512-4776 $250,000 Aug 2022 2,267 SF
575 Parr, Reno, NV 89512-1008 $465,000 Mar 2021 1,620 SF
4430 Bennie, Reno, NV 89512-1077 $500,000 Mar 2019 1,520 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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