Financial
Distress signals
Property profile

1201 California Ave Reno, NV 89509

OFF-MARKET
Drive through restaurants
Property ID
US62-0236638
4,700 SF 0.43 ac lot Built 1978
Last sale Dec 2009 · $815,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. 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$183k
Assessed land$95k
Assessed improvement$88k
Effective rate3.49%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$409/SF
Submarket average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$324 – $592

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.4
Building Supply17.5
Pharmacy17.2

Location

1201 California Ave Reno, NV 89509-2557
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
340 California, Reno, NV 89509-1624 $1,100,000 Jan 2026 3,178 SF
3350 Lakeside, Reno, NV 89509-4853 $10,750,000 Dec 2024 7,056 SF
22 Martin, Reno, NV 89509-2824 $425,000 Sep 2024 4,820 SF
3614 Lakeside, Reno, NV 89509-5284 $1,200,000 May 2021 4,960 SF
410 California, Reno, NV 89509-1514 $1,050,000 Mar 2021 4,162 SF
3590 Baker, Reno, NV 89509-5410 $700,000 Feb 2021 3,092 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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