Property profile

238 Ml St Reno, NV 89501

OFF-MARKET
Motels
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Property ID
US62-1273298
9,240 SF 0.34 ac Built 1962
Last sale Jul 2006·$1,550,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$12k
Tax billed · 2023
Assessed value$476k
Assessed land$385k
Assessed improvement$91k
Effective rate2.51%

Value estimate

· Nov 2026
$535k
$482k – $589k
AI approach$535k
CAP approach$815k
Submarket $/SF estimate$682k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$331/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$194 – $447

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?
MDRD
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.7
Laundromat7.9
Laundry Service7.7

Location

238 Ml St Reno, NV 89501-1594
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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
895 Virginia, Reno, NV 89501-1030 $351,500 Dec 2024 7,118 SF
420 Virginia, Reno, NV 89501-1139 $592,428 Oct 2022 7,960 SF
777 Virginia, Reno, NV 89501-2325 $700,000 Aug 2022 8,875 SF
520 University, Reno, NV 89501-1010 $2,790,000 May 2022 9,492 SF
599 Ctr, Reno, NV 89501-2205 $2,300,000 Jan 2020 9,660 SF
465 Evans, Reno, NV 89501-1116 $318,116 Aug 2019 6,952 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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