Property profile

405 Western Rd Reno, NV 89506

OFF-MARKET
Office buildings
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Property ID
US62-0420787
4,800 SF 6.55 ac Built 1989
Last sale Jun 2018·$6,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 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?
$41k
Tax billed · 2023
Assessed value$1.18M
Assessed land$360k
Assessed improvement$822k
Effective rate3.45%

Value estimate

· Nov 2026
$1.48M
$1.33M – $1.62M
CAP approach$1.39M
Submarket $/SF estimate$1.83M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 323 recorded sales of this use type
Observed band · Q1–Q3$184 – $381

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?
ME
The ME district is intended to provide a mix of employment focused uses such as light manufacturing, processing, wholesaling, flex space,...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.5
Restaurant18.3
Auto Repair Shop13.2

Location

405 Western Rd Reno, NV 89506-5716
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7800 Virginia, Reno, NV 89506-8800 $1,415,000 Apr 2024 800 SF
14291 Lear Blvd, Reno, NV 89506-2607 $15,000,000 Sep 2023 No data
13600 Stead, Reno, NV 89506-1563 $1,050,000 Sep 2022 4,575 SF
4450 Virginia, Reno, NV 89506-9024 $1,300,000 Feb 2022 4,930 SF
1055 Hls, Reno, NV 89506-8802 $2,250,000 Jan 2022 5,568 SF
7800 Chickadee, Reno, NV 89506 $125,000 Oct 2020 2,064 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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Includes: Price & PSF · Cap rate · Location · Zoning

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