Technical
Financial
Distress signals
Property profile

241 Virginia St Reno, NV 89501

OFF-MARKET
Casinos
Property ID
US62-1282927
5,795 SF 0.1 ac lot Built 1958
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Casinos
Use group CASINO
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,795 SF
Lot 0.1 ac (4,487 SF)
Zoning code MDED
APN 011-051-10
UPID US62-1282927

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
  • Hotel & Motel Resort
  • Restaurant
  • Restaurant

Location

241 Virginia St Reno, NV 89501-1407
Reno metro Census 104 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2003
1 recorded transaction
2003
Price N/A

Zoning & alternative use

MDED · Reno, NV

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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