Unknown Reno, NV 89509
Property profile & analytics
Unknown, Reno, NV 89509
- Retail space
- 3,254 SF
- 0.31 lot acres
Property ID
US62-0075454
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Iglesia De Dios Camino De Santidad Cristo Viene / Church
Property Details for Unknown
- Year built
- 1948
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 lot acres
- Zone code
- MUMC
- Property type
- Retail space
- APN
- 011-331-06
- APU
- 1133106
Description
This exceptional mixed-use property, located at 25 La Rue Avenue in Reno, Nevada's vibrant Midtown district, presents a compelling investment opportunity. Situated on a sizable 0.31-acre corner lot at the intersection of South Virginia Street and La Rue Avenue, this property offers unparalleled accessibility and visibility. The existing structures, totaling 4,402 gross square feet, are currently configured as a market, a church, and a billboard, generating immediate income potential. Built in 1968, the property is zoned MUMC, allowing for a wide range of commercial uses. Its strategic location provides easy access to major transportation arteries, including Interstates 580 and 80, ensuring high traffic flow and convenient access for customers and employees. The property is being sold "As-Is" with no repairs included, offering buyers the flexibility to renovate existing structures or develop new ones to suit their specific business needs. Priced at $2,150,000, or $488.41 per square foot, this property represents a significant value proposition in a highly sought-after location. The substantial lot size and flexible zoning provide ample room for expansion and future development, making it an ideal investment for entrepreneurs and developers alike. Don't miss this chance to acquire a thriving commercial property in the heart of Reno's dynamic Midtown area.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.809
- Latitude
- 39.5165
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,877
$126,616
$51,946
$178,562
-
$361,760
$148,417
$510,177
