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    Property profile & analytics

    1280 Virginia St Reno, NV 89502

    • Strip malls
    • 7,754 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Aug 15, 2022
    Location Intelligence
    Property ID
    US62-0468096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 1280 Virginia St

    Year built
    1946
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property size
    7,754 SF
    Zone code
    MUMC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    014-127-03
    APU
    1412703

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.806
    Latitude
    39.512
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,677
    $113,386
    $111,251
    $224,637
    -
    $323,960
    $317,861
    $641,821

    Comparable in this City

    • Value Estimation
      $845,000
      9,081 SF

      1295 Moana Ln

      SHOPPING CENTER, STRIP CENTER • 9,081 SF
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      View Details
    • Value Estimation
      $1,340,000
      5,640 SF

      2325 Kietzke Ln

      SHOPPING CENTER, STRIP CENTER • 5,640 SF
      2325 Kietzke Ln, Reno, NV 89502-3648
      View Details
    • Value Estimation
      $10,025,000
      26,208 SF

      3923 Mccarran Blvd

      SHOPPING CENTER, STRIP CENTER • 26,208 SF
      3923 Mccarran Blvd, Reno, NV 89502-7510
      View Details
    • Value Estimation
      $320,000
      4,928 SF

      102 Grv St

      SHOPPING CENTER, STRIP CENTER • 4,928 SF
      102 Grv St, Reno, NV 89502-3706
      View Details
    • Value Estimation
      $1,385,000
      8,147 SF

      2291 Kietzke Ln

      SHOPPING CENTER, STRIP CENTER • 8,147 SF
      2291 Kietzke Ln, Reno, NV 89502-3604
      View Details
    • Value Estimation
      $800,000
      9,112 SF

      1400 Peckham Ln

      SHOPPING CENTER, STRIP CENTER • 9,112 SF
      1400 Peckham Ln, Reno, NV 89502-5180
      View Details

    Similar Nearby for Sale

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      Bowling Alley and Entertainment Center

      Established bowling alley with consistent cash flow and entertainment options.
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    Similar Nearby for Lease

    • $21 SF/Yr
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      Orchard Plaza Retail Space in Reno

      Prime Reno retail space, high visibility, multiple units.
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      Retail space for lease in central Reno's Orchard Plaza.
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      Prime Retail Space, Meadowood Mall
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      Premier Reno Shopping Center Space

      Community/regional shopping center with high visibility and drawing power.
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      Retail Space in Reno Center

      Retail space available in Reno, anchored by prominent businesses.
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      View Details
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    1280 Virginia St
    Reno, NV 89502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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