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    Property profile & analytics

    5035 7th St Reno, NV 89523-2325

    • Investment properties
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $2,875,000
    Last Sale
    Sep 03, 2021
    $2,732,715
    Location Intelligence
    Property ID
    US62-0361289
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ultimate Clean Rides / Car Wash
    • Sure Clean Car Wash / Car Wash

    Property Details for 5035 7th St

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.50 lot acres
    Zone code
    GC
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    039-490-27
    APU
    3949027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,945,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,715,000
      6.5%
      $2,810,000
      7%
      $2,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,005,000
      Geo Method
      $2,325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,705,000
      Retail
      $2,500,000
      Mixed-Use
      $3,180,000
      Hospitality
      $2,755,000
      Educational
      $2,615,000
      Residential Income
      $2,545,000
      Energy
      $2,420,000
      Income-Based Land
      $3,040,000
      Food Service
      $3,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.866
    Latitude
    39.5371
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,255
    $116,252
    $114,095
    $230,347
    -
    $332,148
    $325,985
    $658,133

    Comparable in this City

    • Value Estimation by Request
      2,008 SF

      7125 4th St

      STORE/OFFICE (MIXED USE) • 2,008 SF
      7125 4th St, Reno, NV 89523-9008
      View Details
    • Value Estimation
      $515,000
      1,211 SF

      3065 4th St

      STORE/OFFICE (MIXED USE) • 1,211 SF
      3065 4th St, Reno, NV 89523-8808
      View Details
    • Value Estimation
      $305,000
      3.25 Acres

      5075 4th St

      STORE/OFFICE (MIXED USE) • 3.25 Acres
      5075 4th St, Reno, NV 89523
      View Details
    • Value Estimation
      $425,000
      1,456 SF

      7777 White Fir St

      STORE/OFFICE (MIXED USE) • 1,456 SF
      7777 White Fir St, Reno, NV 89523-8930
      View Details
    • Value Estimation
      $315,000
      6.88 Acres

      Dori Bell Ln

      STORE/OFFICE (MIXED USE) • 6.88 Acres
      Dori Bell Ln, Reno, NV 89523
      View Details
    • Value Estimation by Request
      0.42 Acres

      Somersett Pkwy

      STORE/OFFICE (MIXED USE) • 0.42 Acres
      Somersett Pkwy, Reno, NV 89523
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      594 SF

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      Reno Office Space For Rent

      Office space available for lease in Reno, Nevada.
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      Well-Designed Office Complex For Rent

      Office space available in a well-maintained shopping complex.
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    • Contact for pricing
      273,960 SF

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      Reno, NV Community Shopping Center
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      View Details
    • $277,200
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      Commercial Space in Reno, Nevada

      Retail space available for lease in Reno, Nevada.
      6370 Mae Anne Ave, Reno, NV 89523
      View Details
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    5035 7th St
    Reno, NV 89523-2325
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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