Property profile

123 Mt Rose St Reno, NV 89509

OFF-MARKET
Other individual retail properties
Property ID
US62-1306532
1,557 SF 0.16 ac lot Built 1944
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Commercial property located in Reno, Nevada on a 0.16-acre lot, with a building size of 1,557 square feet. The site provides monument signage and front-and-rear parking, along with ADA-friendly access including designated handicap parking and an interior ramp. Interior layout includes a reception area, a flexible working space, two private rooms, two restrooms, and a break room with a kitchenette. The building has three separate entry points, supporting multiple operational configurations. The property was remodeled with modern updates in December 2020. Zoned MU-MC, the space is configured to support a range of commercial or professional uses.

Property profile

Verified
Property type Other individual retail properties
Use group BARBER, HAIR SALON
Year built 1944
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,557 SF
Lot 0.16 ac (7,013 SF)
Zoning code MUMC
APN 014-131-08
UPID US62-1306532

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop
  • Medical Clinic
  • Hair Salon Nail Salon
  • Physician
  • Hair Salon Nail Salon

Location

123 Mt Rose St Reno, NV 89509-3419
Reno metro Census 302 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2020
Last sale
$495,000
7 recorded transactions
2020
$495,000
2019
Price N/A
2018
$127,500
2017
$300,000
2004
$265,000
1994
$200,000
1989
$130,000

Zoning & alternative use

MUMC · Reno, NV

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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