255 5th St Reno, NV 89503-4705
Property profile & analytics
255 5th St, Reno, NV 89503-4705
- Motels
- 7,272 SF
- 0.24 lot acres
Property ID
US62-1101010
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
- Easy 8 Motel / Hotel & Motel
- Salvation army thrift shops / Clothing Store
Property Details for 255 5th St
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Zone code
- MDNWQ
- Property type
- Motels
- APN
- 007-256-07
- APU
- 725607
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 28, 2008 | — | Rajendrakumar Patel | Patel,panna | Quit Claim Deed · related | — |
| Feb 28, 2008 | $700,000 | Rajendrakumar Patel | Patel,dilip M | Grant Deed · related | $568k · United Central Bank |
| Sep 13, 1991 | $610,000 | Dilip M Patel | Unknown | Grant Deed | — |
| — | — | Rajendrakumar Patel | — | Deed Of Trust · related | $34k · Dilip Patel |
| — | — | Dilip M Patel | — | Deed Of Trust · related | $464k · Interbay Funding LLC |
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,248,000
Market price range: $1.41M - $3.25M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $2,405,000 Current use
- COMMERCIAL (GENERAL)
- $3,875,000 Change: +61% Conversion: Difficult
- RESTAURANT
- $2,975,000 Change: +24% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,920,000 Change: +22% Conversion: Difficult
- MEDICAL BUILDING
- $2,540,000 Change: +6% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,445,000 Change: +2% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,400,000 Change: -0% Conversion: Difficult
- OFFICE BUILDING
- $1,930,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.818
- Latitude
- 39.5308
- 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
$7,054
$77,175
$109,656
$186,831
-
$220,500
$313,302
$533,802
