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Financial
Distress signals
Property profile

50 Sierra St Ste 705 Reno, NV 89501

OFF-MARKET
Turn key restaurants
Property ID
US62-1213159
876 SF 0.02 ac lot Built 2006
Last sale Jul 2008 · $263,500
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years.
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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?
$2k
Tax billed · 2023
Assessed value$153k
Assessed land$27k
Assessed improvement$125k
Effective rate1.64%

Value estimate

· Oct 2026
$235k
$212k – $259k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$418/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$343 – $541

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?
MDRD
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.7
Watch Repair Shop8.0
HVAC Service7.3

Location

50 Sierra St Ste, Unit 705 Reno, NV 89501-2270
County assessor Recorded deeds · 2 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
1st, Reno, NV 89501 $5,000,000 Jun 2025 732 SF
243 Sierra, Reno, NV 89501-1939 $1,072,500 Oct 2023 1,950 SF
669 Virginia, Reno, NV 89501-2323 $540,000 Aug 2022 1,198 SF
801 Virginia, Reno, NV 89501-1030 $840,000 Aug 2022 1,128 SF
28 2nd, Reno, NV 89501-1421 $11,200,000 Jul 2021 600 SF
752 Virginia, Reno, NV 89501-2326 $8,650,000 Dec 2020 2,681 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

Comparable nearby

  • Value Estimation
    $985,000
    2,494 SF
    250 Evans Ave
    RESTAURANT
    250 Evans Ave, Reno, NV 89501-1513
    View Details
  • Value Estimation
    $670,000
    4,069 SF
    255 Sierra St
    RETAIL STORES (PERSONAL SERVICES)
    255 Sierra St, Reno, NV 89501-1349
    View Details
  • Value Estimation
    $585,000
    4,434 SF
    200 2nd St
    RETAIL STORES (PERSONAL SERVICES)
    200 2nd St, Reno, NV 89501-1272
    View Details
  • Value Estimation
    $770,000
    4,500 SF
    538 Virginia St
    RETAIL STORES (PERSONAL SERVICES)
    538 Virginia St, Reno, NV 89501-2278
    View Details
  • Value Estimation
    $465,000
    4,805 SF
    150 Arlington Ave
    BAR, TAVERN
    150 Arlington Ave, Reno, NV 89501-1210
    View Details
  • Value Estimation
    $720,000
    4,950 SF
    229 2nd St
    RETAIL STORES (PERSONAL SERVICES)
    229 2nd St, Reno, NV 89501-1207
    View Details

Similar in This City for Sale

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  • Contact for pricing
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  • New
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    New Chipotle for sale with a 10-year net lease.
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  • $1,500,000
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  • Contact for pricing
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Similar in This City for Lease

  • New
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    The suite supports office or retail use and includes on-site parking with convenient freeway access.
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  • New
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    A single available unit is offered within the shopping center in Reno.
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  • Contact for pricing
    1,500 sqft
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  • New
    $1,178/Mo
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    Retail space available in high-traffic, Costco-anchored shopping center.
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  • New
    $1,530/Mo
    1,670 sqft
    Retail Space with Drive-Thru Opportunity
    Visible retail space offers access to I-580, the airport, and a high-density residential area.
    2015 Terminal Wy, Reno, NV 89502
    View Details
  • New
    Contact for pricing
    400 sqft
    Remodeled Retail Space
    Street-level retail space with prominent signage and a signalized corner position.
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    View Details
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