Property profile

228 Vassar St Reno, NV 89502

OFF-MARKET
Investment properties
Property ID
US62-0463052
972 SF 0.16 ac lot Built 1938
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1938
Construction FRAME
Total area 972 SF
Lot 0.16 ac (6,970 SF)
Zoning code GC
APN 014-073-08
UPID US62-0463052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon

Location

228 Vassar St Reno, NV 89502-2817
Reno metro Census 201 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$655k
Blend (final) Blend
$525k

Owner & transaction history

since 2024
Last sale
$525,000
7 recorded transactions
2025
Price N/A
2024
$525,000
2017
$350,000
2017
Price N/A
2015
Price N/A
2006
Price N/A
2006
Price N/A

Zoning & alternative use

GC · Reno, NV
Zoning description

The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition of the city's suburban corridors to a mix of higher-density residential, retail, c…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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