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    Property profile & analytics

    324 4th St Reno, NV 89512-3312

    • Bars
    • 11,508 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $2,815,000
    Last Sale
    Jul 14, 2023
    $3,000,000
    Location Intelligence
    Property ID
    US62-0371723
    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

    • The Alpine / Event Venue
    • Mural painted on Record Street Brewing in Reno, NV by Erik Burke/Dave Muller / Tourist Attraction
    • 24/7 Emergency Dentist Reno / Emergency Dental Service
    • Mobile Auto Repair Pros of Reno / Auto Repair Shop

    Property Details for 324 4th St

    Year built
    1931
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.32 lot acres
    Property size
    11,508 SF
    Zone code
    MDED
    Property type
    Bars
    Property subtype
    Pubs
    APN
    007-313-21
    APU
    731321

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,250,000
      6.5%
      $2,995,000
      7%
      $2,770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,565,000
      Geo Method
      $3,355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,490,000
      Retail
      $3,145,000
      Mixed-Use
      $2,670,000
      Hospitality
      $2,610,000
      Educational
      $3,465,000
      Residential Income
      $2,760,000
      Energy
      $2,845,000
      Income-Based Land
      $2,960,000
      Food Service
      $2,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.809
    Latitude
    39.5306
    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
    $12,765
    $84,525
    $213,102
    $297,627
    -
    $241,500
    $608,862
    $850,362

    Comparable in this City

    • Value Estimation
      $635,000
      10,549 SF

      325 4th St

      BAR, TAVERN • 10,549 SF
      325 4th St, Reno, NV 89512-3313
      View Details
    • Value Estimation
      $50,000
      6,750 SF

      545 4th St

      BAR, TAVERN • 6,750 SF
      545 4th St, Reno, NV 89512-3317
      View Details
    • Value Estimation
      $560,000
      3,874 SF

      1303 4th St

      BAR, TAVERN • 3,874 SF
      1303 4th St, Reno, NV 89512-3604
      View Details
    • Value Estimation
      $710,000
      1,125 SF

      424 4th St

      BAR, TAVERN • 1,125 SF
      424 4th St, Reno, NV 89512-3314
      View Details
    • Value Estimation
      $235,000
      7,250 SF

      555 4th St

      NIGHTCLUB (COCKTAIL LOUNGE) • 7,250 SF
      555 4th St, Reno, NV 89512-3317
      View Details
    • Value Estimation
      $470,000
      5,202 SF

      310 Spokane St

      NIGHTCLUB (COCKTAIL LOUNGE) • 5,202 SF
      310 Spokane St, Reno, NV 89512-3528
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Reno Retail Space Available

      High-traffic retail center, 1,200 SF available
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      View Details
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    • $27 SF/Yr
      1,200 SF

      Retail Space Available For Lease

      Retail space available for lease in Reno, Nevada.
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    • Contact for pricing
      8,218 SF

      North Reno Retail Power Center

      High-Visibility Shopping Center, 8,218 SF Available
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    • Contact for pricing
      19,007 SF

      Reno Warehouse Space Available

      19,007 square foot warehouse space for lease in Reno.
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      View Details
    • $0.95 SF/Yr
      56,000 SF

      Reno Warehouse with Rail Access

      56,000 SF warehouse with rail access, sublease through 2024.
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      View Details
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    324 4th St
    Reno, NV 89512-3312
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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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