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Financial
Distress signals
Property profile

2440 Vassar St Reno, NV 89502

OFF-MARKET
Office buildings
Property ID
US62-0367475
3,906 SF 0.34 ac lot Built 2005
Last sale May 2026 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 2440 Vassar Street in Reno, Nevada is a commercial office suite configured for flexible business use. It features an open floor plan with an entry office area, a dedicated meeting space suitable for collaboration or client presentations, a kitchen/breakroom, and a private restroom. The suite also includes an outdoor seating area for employee and guest use during breaks or informal meetings. The location provides access to nearby shopping, restaurants, and other daily amenities, with straightforward freeway proximity for client and employee arrival.

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?
$7k
Tax billed · 2023
Assessed value$305k
Assessed land$63k
Assessed improvement$242k
Effective rate2.31%

Value estimate

· Oct 2026
$190k
$171k – $209k
CAP approach$1.14M
Submarket $/SF estimate$1.37M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$225/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$109 – $350
Qualifying comparables3

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?
IC
The IC district is intended to provide for a mix of industrial, research and development, and commercial uses. Sites are commonly compris...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.4
Veterinary Clinic9.5
Locksmith9.2

Location

2440 Vassar St Reno, NV 89502-3453
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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
785 2nd, Reno, NV 89502-1018 $1,200,000 Dec 2025 5,000 SF
386 Holcomb, Reno, NV 89502-1689 $699,808 Mar 2025 5,000 SF
2725 Yori, Reno, NV 89502-4325 $1,200,000 Oct 2024 3,432 SF
1225 Financial, Reno, NV 89502-7103 $1,931,250 Sep 2024 6,153 SF
1550 Wls, Reno, NV 89502-2982 $468,000 Jul 2024 5,778 SF
1650 Mdw Wood, Reno, NV 89502-6510 $1,250,000 Mar 2024 4,793 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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