Property profile

4001 Market St Reno, NV 89502

OFF-MARKET
Motels
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Property ID
US62-0457589
11,584 SF 2.3 ac Built 1981
Last sale Oct 2020·$6,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value$1.46M
Assessed land$508k
Assessed improvement$949k
Effective rate3.37%

Value estimate

· Nov 2026
$8.02M
$7.22M – $8.82M
AI approach$6.99M
Submarket $/SF estimate$5.18M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$331/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$194 – $447

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition...
General categoryCOMMERCIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office23.8
HVAC Service12.3
Garden Center11.3

Location

4001 Market St Reno, NV 89502-3110
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2760 Virginia, Reno, NV 89502-4214 $2,000,000 May 2024 1,813 SF
941 Virginia, Reno, NV 89502-2415 $2,125,000 May 2023 8,080 SF
1885 Virginia, Reno, NV 89502-3401 $4,600,000 Aug 2022 8,854 SF
61 Park, Reno, NV 89502-1273 $1,213,000 Nov 2021 4,576 SF
844 Virginia, Reno, NV 89502-2414 $420,000 Feb 2021 4,673 SF
75 High, Reno, NV 89502-1086 $388,888 Sep 2019 3,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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