2195 Virginia St Reno, NV 89503-1747
Property Lookup
Property profile & analytics
2195 Virginia St Reno, NV 89503-1747
- Turn key restaurants
- 4,142 SF
- 0.46 lot acres
Property ID
US62-0594951
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.
Location Intelligence
Current Use by Public Records
- Art Source Fine Art Gallery & Custom Framing / Theater & Performing Art Venue
- Wilbur D. May Arboretum Greenhouse / Garden Center / Landscaping
- Reno Custom Framing Center / (Bike/Boat/Book/etc) Store / Home Decor Store
- Archie's Giant Hamburgers & Breakfast / Restaurant
- Landscapers - Reno, NV / Landscaping
Property Details for 2195 Virginia St
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.46 lot acres
- Property size
- 4,142 SF
- Zone code
- MU
- Property type
- Turn key restaurants
- APN
- 003-160-21
- APU
- 316021
Description
This exceptional 25,517 square foot commercial property, located at 2195 S Virginia St in Reno, Nevada, presents a compelling investment opportunity. Built in 2007, this two-story building sits on a 1.69-acre lot (APN: 019-550-08, 019-550-12) and is zoned MU, offering significant flexibility for various uses. Currently, a tenant occupies 2,500 square feet under a month-to-month lease. The property's diverse zoning allows for a wide range of possibilities, including general retail, commercial kitchens, restaurants (with alcohol service), general office space, medical offices, and medical clinics. The asking price is $7,300,000. This location offers owner-user occupancy potential and is situated within an Opportunity Zone, presenting further redevelopment opportunities for investors seeking to capitalize on tax advantages. The property's size and zoning make it ideal for a variety of businesses seeking a prominent location in Reno, Washoe County, Nevada (Zip Code 89502). This is a rare chance to acquire a substantial commercial property with significant upside potential in a thriving Nevada market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $415,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $703,000
Market price range: $397k - $712k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.822
- Latitude
- 39.5487
- 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
$16,127
$416,682
$204,838
$621,520
-
$1,190,520
$585,251
$1,775,771
