Financial
Distress signals
Property profile

2175 Market St Reno, NV 89502

OFF-MARKET
Outlet malls
Property ID
US62-0424541
18,680 SF 1.49 ac lot Built 1985
Last sale Dec 2000 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 18,680 square foot retail property, located at 2175 Market Street in Reno, Nevada (89502), offers a flexible space ideal for multiple tenants. The building, constructed in 1985, is a single-story Class C structure situated on 1.49 acres of land (APN: 013-311-32, Washoe County). Currently, 8,900 square feet are vacant, divisible into a minimum of 8,900 square feet and a maximum contiguous space of 8,900 square feet. The property features an end unit with a fenced storage area and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$21k
Tax billed · 2023
Assessed value$645k
Assessed land$396k
Assessed improvement$249k
Effective rate3.21%

Value estimate

· Sep 2026
$635k
$572k – $699k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$129 – $476

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?
GC
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition...
General categoryCOMMERCIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.6
HVAC Service10.4
Convenience Store9.9

Location

2175 Market St Reno, NV 89502-1587
County assessor Recorded deeds · 6 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
6011 Virginia, Reno, NV 89502-6025 $10,700,000 Jun 2025 74,520 SF
5000 Smithridge, Reno, NV 89502-5653 $14,000,000 Jun 2025 43,131 SF
3750 Kietzke, Reno, NV 89502-4728 $17,800,000 May 2025 24,700 SF
5695 Virginia, Reno, NV 89502-6032 $2,611,500 Jan 2025 17,328 SF
5685 Virginia, Reno, NV 89502-6032 $4,850,000 Dec 2021 50,915 SF
525 Kietzke, Reno, NV 89502-1503 $2,561,000 May 2020 7,200 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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