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Financial
Distress signals
Property profile

224 Vassar St Reno, NV 89502

OFF-MARKET
Investment properties
Property ID
US62-0287064
768 SF 0.16 ac lot Built 1935
Last sale Jul 2025 · $565,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$3k
Tax billed · 2023
Assessed value$80k
Assessed land$47k
Assessed improvement$33k
Effective rate3.19%

Value estimate

· Oct 2026
$775k
$698k – $853k
AI approach$600k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$657/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$248 – $1,454

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.0
Veterinary Clinic9.0
Butcher8.6

Location

224 Vassar St Reno, NV 89502-2817
County assessor Recorded deeds · 10 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
228 Vassar, Reno, NV 89502-2817 $525,000 Aug 2024 972 SF
77 Park, Reno, NV 89502-1050 $550,000 Jun 2024 702 SF
180 Grv, Reno, NV 89502-3707 $170,000 Apr 2023 874 SF
131 Pueblo, Reno, NV 89502-2907 $850,000 Dec 2022 1,013 SF
805 Virginia, Reno, NV 89502-2413 $595,000 May 2022 1,419 SF
800 Virginia, Reno, NV 89502-2414 $9,800,000 May 2022 378 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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