Property profile

2042 Element Ln Reno, NV 89502

OFF-MARKET
Parking lots & garages
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Property ID
US62-0540172
59,848 SF 1.53 ac Built 2023
Last sale Nov 2025·$4,273,872
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$38k
Tax billed · 2023
Assessed value$1.78M
Assessed land$377k
Assessed improvement$1.40M
Effective rate2.15%

Value estimate

· Nov 2026
$1.24M
$1.11M – $1.36M
AI approach$1.24M
Submarket $/SF estimate$819k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
MU
The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned...
General categoryMIXED_USE
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply28.6
Wholesale Shop25.9
HVAC Service18.4

Location

2042 Element Ln Reno, NV 89502-3467
County assessor Recorded deeds · 2 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
865 Kietzke, Reno, NV 89502-2015 $7,700,000 May 2024 24,617 SF
1195 Corporate, Reno, NV 89502-7178 $13,100,000 Nov 2023 44,240 SF
5405 Meadowood Mall, Reno, NV 89502-6508 $2,450,000 Aug 2023 17,994 SF
900 Kietzke, Reno, NV 89502-2018 $15,500,000 Apr 2022 43,622 SF
700 Kietzke, Reno, NV 89502-2014 $6,000,000 May 2021 32,835 SF
757 Kietzke, Reno, NV 89502-2013 $4,117,000 May 2021 13,346 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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