Financial
Distress signals
Property profile

206 Virginia St Reno, NV 89501

OFF-MARKET
Office buildings
Property ID
US62-0457454
34,514 SF 0.22 ac lot Built 1934
Last sale Mar 1990 · $2,380,986
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional Reno office space at 206 N Virginia St offers a diverse range of flexible work solutions in the heart of Washoe County. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for a variety of lease options to suit different company sizes and structures. Businesses can choose from fully furnished and equipped private offices,

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?
$15k
Tax billed · 2023
Assessed value$277k
Assessed land$120k
Assessed improvement$157k
Effective rate5.27%

Value estimate

· Sep 2026
$705k
$635k – $776k
Submarket $/SF estimate$5.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$154 – $341

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?
MDED
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.7
Laundromat8.6
Laundry Service8.2

Location

206 Virginia St Reno, NV 89501-1408
County assessor Recorded deeds · 12 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Liberty, Reno, NV 89501-2067 $7,300,000 Aug 2024 28,557 SF
241 Rdg, Reno, NV 89501-2069 $8,100,000 Aug 2024 34,407 SF
245 Liberty, Reno, NV 89501-2220 $351,936 Apr 2024 48,034 SF
275 Hl, Reno, NV 89501-1824 $6,000,000 Aug 2023 16,878 SF
432 Virginia, Reno, NV 89501-1139 $1,475,000 Nov 2022 13,602 SF
100 Arlington, Reno, NV 89501-1204 $854,000 Jan 2022 10,460 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 206 Virginia St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message