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Financial
Distress signals
Property profile

22 Hillcrest Dr Reno, NV 89509

OFF-MARKET
Retail space
Property ID
US62-0285154
3,580 SF 0.23 ac lot Built 1960
Last sale Aug 2023 · $1,337,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 22 Hillcrest Dr in Reno consists of three separate storefront buildings designed for commercial use. The site includes a shared parking area with an asphalt lot that was resurfaced, and building exterior improvements consisting of new siding and replacement roofing. The commercial interiors within the buildings have been renovated with contemporary finishes and are configured for ongoing business operations, with the tenancy area arranged to support multiple beauty and wellness…

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?
$2k
Tax billed · 2023
Assessed value$74k
Assessed land$34k
Assessed improvement$40k
Effective rate3.19%

Value estimate

· Oct 2026
$1.33M
$1.20M – $1.46M
AI approach$1.42M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$257/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$140 – $475

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.0
Locksmith8.4
Butcher8.4

Location

22 Hillcrest Dr Reno, NV 89509-3401
County assessor Recorded deeds · 8 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
340 California, Reno, NV 89509-1624 $1,100,000 Jan 2026 3,178 SF
165 Moana, Reno, NV 89509-4904 $650,000 Mar 2024 2,400 SF
20 Hillcrest, Reno, NV 89509-3401 $1,337,500 Aug 2023 2,791 SF
606 Mt Rose, Reno, NV 89509-3364 $590,000 Jun 2021 1,564 SF
3614 Lakeside, Reno, NV 89509-5284 $1,200,000 May 2021 4,960 SF
3590 Baker, Reno, NV 89509-5410 $700,000 Feb 2021 3,092 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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