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    Property profile & analytics

    2955 Hwy 40th W Verdi, NV 89439-8002

    • Warehouses
    • 4,366 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 15, 2025
    $1,900,000
    Location Intelligence
    Property ID
    US62-0453053
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 2955 Hwy 40th W

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    4,366 SF
    Zone code
    I
    Property type
    Warehouses
    APN
    038-850-14
    APU
    3885014

    Description

    This exceptional commercial property, situated at 2955 Highway 40 West in Verdi, Nevada, presents a unique opportunity for businesses seeking a strategic location and versatile space. Boasting a generous 4,366 square feet of building area on a one-acre lot, this property offers a blend of office and warehouse space, perfectly complemented by a secure fenced yard. Its prime location directly off the first Verdi exit of Highway 40 provides unparalleled accessibility. The property's proximity to major transportation arteries ensures seamless connectivity

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Verdi
    County
    Washoe
    State
    Nevada
    Longitude
    -119.951
    Latitude
    39.5127
    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
    $5,889
    $151,085
    $98,071
    $249,156
    -
    $431,670
    $280,204
    $711,874

    Comparable in this City

    • Value Estimation
      $325,000
      12,935 SF

      2915 Hwy 40th W

      WAREHOUSE, STORAGE • 12,935 SF
      2915 Hwy 40th W, Verdi, NV 89439-8002
      View Details
    • Value Estimation by Request
      182,656 SF

      365 Cabela Dr

      WAREHOUSE, STORAGE • 182,656 SF
      365 Cabela Dr, Verdi, NV 89439-8014
      View Details
    • Value Estimation
      $500,000
      17,600 SF

      2805 Hwy 40th W

      WAREHOUSE, STORAGE • 17,600 SF
      2805 Hwy 40th W, Verdi, NV 89439-8118
      View Details
    • Value Estimation
      $1,295,000
      88,560 SF

      2 Eric Cir

      WAREHOUSE, STORAGE • 88,560 SF
      2 Eric Cir, Verdi, NV 89439-8135
      View Details
    • Value Estimation
      $390,000
      9,559 SF

      801 Brg St

      WAREHOUSE, STORAGE • 9,559 SF
      801 Brg St, Verdi, NV 89439-8164
      View Details
    • Value Estimation by Request
      221,000 SF

      355 Cabela Dr

      WAREHOUSE, STORAGE • 221,000 SF
      355 Cabela Dr, Verdi, NV 89439-8014
      View Details

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    Similar Nearby for Lease

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    2955 Hwy 40th W
    Verdi, NV 89439-8002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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