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Financial
Distress signals
Property profile

4904 S Virginia St Reno, NV 89502

FOR LEASE
Strip malls
Property ID
US62-0082536
27,600 SF 4.11 ac lot Built 1979
Last sale Nov 2024 · $14,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
4904 S Virginia St, Reno, NV 89502 For Lease
$1,500/Mo 1,500 SF available
4904 S Virginia St, Reno, NV 89502
View Listing

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$1.35M
Assessed land$701k
Assessed improvement$649k
Effective rate3.60%

Value estimate

· Oct 2026
$900k
$810k – $990k
CAP approach$6.17M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$3k
Operating expenses−$8k
NOI · 1,265.40% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$402/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$223 – $608

Cap rate analysis

How does the asset earn?
1,265.40%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MU
The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned...
General categoryMIXED_USE
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.5
Plumbing Service9.3
Shoe Repair8.7

Location

4904 S Virginia St Reno, NV 89502
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
5000 Smithridge, Reno, NV 89502-5653 $14,000,000 Jun 2025 43,131 SF
3750 Kietzke, Reno, NV 89502-4728 $17,800,000 May 2025 24,700 SF
1565 Vassar, Reno, NV 89502-2719 $1,140,000 Apr 2025 37,492 SF
5695 Virginia, Reno, NV 89502-6032 $2,611,500 Jan 2025 17,328 SF
3923 Mccarran, Reno, NV 89502-7510 $10,000,000 Nov 2024 26,208 SF
5685 Virginia, Reno, NV 89502-6032 $4,850,000 Dec 2021 50,915 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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Why this one?
Saved
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