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    Property profile & analytics

    1390 Virginia St Reno, NV 89502-2804

    • Grocery and convenience stores
    • 1,566 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $640,000
    Last Sale
    Aug 12, 2022
    $600,000
    Location Intelligence
    Property ID
    US62-1244696
    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

    • Us Mart / Gas Station
    • Arco Am/Pm / Gas Station
    • LibertyX Bitcoin ATM / Atm

    Property Details for 1390 Virginia St

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    1,566 SF
    Zone code
    MUMC
    Property type
    Grocery and convenience stores
    APN
    014-137-01
    APU
    1413701

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $545,000
      6.5%
      $565,000
      7%
      $580,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $595,000
      Mixed-Use
      $580,000
      Hospitality
      $620,000
      Educational
      $465,000
      Residential Income
      $650,000
      Energy
      $475,000
      Income-Based Land
      $465,000
      Food Service
      $600,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.805
    Latitude
    39.5111
    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
    $8,407
    $117,571
    $141,153
    $258,724
    -
    $335,916
    $403,294
    $739,210

    Comparable in this City

    • Value Estimation by Request
      81,838 SF

      6139 Virginia St

      GROCERY, SUPERMARKET • 81,838 SF
      6139 Virginia St, Reno, NV 89502-6027
      View Details
    • Value Estimation
      $1,660,000
      19,342 SF

      1500 Wls Ave

      GROCERY, SUPERMARKET • 19,342 SF
      1500 Wls Ave, Reno, NV 89502-2919
      View Details
    • Value Estimation
      $470,000
      1,812 SF

      1790 Ml St

      GROCERY, SUPERMARKET • 1,812 SF
      1790 Ml St, Reno, NV 89502-1552
      View Details
    • Value Estimation
      $240,000
      2,760 SF

      1401 Peckham Ln

      GROCERY, SUPERMARKET • 2,760 SF
      1401 Peckham Ln, Reno, NV 89502-5167
      View Details
    • Value Estimation
      $330,000
      1,150 SF

      450 2nd St

      CONVENIENCE STORE • 1,150 SF
      450 2nd St, Reno, NV 89502-1013
      View Details
    • Value Estimation
      $405,000
      3,057 SF

      1501 Vassar St

      GROCERY, SUPERMARKET • 3,057 SF
      1501 Vassar St, Reno, NV 89502-2776
      View Details

    Similar Nearby for Sale

    • $1,500,000
      0.41 Acres

      Redevelopment Parcel in Reno Heart

      Prime 0.409 AC parcel suitable for retail, office, residential uses.
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      Profitable Reno retail facility with high visibility and foot traffic.
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    • $5,000,000
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      Bowling Alley and Entertainment Center

      Established bowling alley with consistent cash flow and entertainment options.
      3390 S Virginia St, Reno, NV 89502
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    • $585,820
      1,520 SF

      Versatile Commercial Building in Reno

      Multi-use commercial building in central Reno, close to Midtown.
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      Retail Space For Sale

      Retail property available for purchase in Reno, Nevada.
      3200 S Virginia St, Reno, NV 89502
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    Similar Nearby for Lease

    • Contact for pricing
      31,850 SF

      Reno Retail Space For Lease

      Premier community shopping center with high visibility and market access.
      4819 Kietzke Ln, Reno, NV 89502
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Reno Center

      Retail space available in Reno, anchored by prominent businesses.
      3370-3400 Kietzke Ln, Reno, NV 89502
      View Details
    • $18 SF/Yr
      3,000 SF

      Reno Retail Space Available

      Retail space available for lease in Reno, Nevada.
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    • $24 SF/Yr
      1,660 SF

      Retail Space on South Wells

      Retail space available for lease in Reno, Nevada.
      300 S Wells Ave, Reno, NV 89502
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    • Contact for pricing
      2,000 SF

      Retail Space on McCarran Boulevard

      2,000 SF retail space available for lease.
      3959-3999 Mccarran Blvd, Reno, NV 89502
      View Details
    • $2 SF/Yr
      2,512 SF

      Retail Space with Highway Visibility

      Retail spaces available with easy access and ample parking.
      1296 E Plumb Ln, Reno, NV 89502
      View Details
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    1390 Virginia St
    Reno, NV 89502-2804
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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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