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Property profile & analytics
OFF-MARKET
Investment properties
394 C St, Virginia City, NV 89440
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0519122
Property summary
AI-generated overview
This exceptional commercial property, located at 394 S C St in Virginia City, Nevada, presents a rare investment opportunity. The main building, a beautifully preserved two-story stone and brick structure dating back to 1873, boasts 4,140 square feet. Originally constructed as a grocery store with an 11-unit rooming house, it underwent a significant renovation and upgrade in 2004, transforming it into a 55-seat restaurant and bar with expansion potential. The property also includes a separate two-story residential building, offering three bedrooms and two bathrooms. This adjacent structure is ideal for owner/manager occupancy, providing convenient living quarters, or could generate additional income as a short-term rental. The property is situated in a prime location within Virginia City, a historic town rich in Gold Rush and Silver Boom era heritage. The sale includes only the buildings
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1918
Total area
4,140 SF
Lot
0.1 ac (4,278 SF)
Zoning code
CR
APN
001-062-04
UPID
US62-0519122
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe Del Rio Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Storey County · 2 yrs held
Storey County
since 2024
Last sale
$210,000
3 recorded transactions
Zoning & alternative use
CR · Virginia City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Virginia City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Virginia City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,224
Tax year 2023
Assessed value
$70,703
Assessed 2023
Previous assessed
$70,703
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$7,487
Assessed improvement
$63,216
Land market value
$21,390
Improvement market value
$180,617
Total market value
$202,007
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1918
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Units
1
Total area
4,140 SF
Lot
0.1 ac (4,278 SF)
Zoning code
CR
APN
001-062-04
UPID
US62-0519122
Jurisdiction
STOREY
Zoning & alternative use
CR · Virginia City, NV
Zoning CR · permitted uses
CR · Virginia City, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Virginia City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1918
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Storey County
Entity
Mailing address
201 S C ST, VIRGINIA CITY, NV 89440-9837
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Storey County
United State Of America
Quit Claim Deed
related
—
Apr 27, 2004
$210,000
Brian Shaw
Thomas,trevor J & Deborah J
Grant Deed
—
—
—
Brian Shaw
—
Deed Of Trust
related
$228,000 · Nevada State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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