The property is a retail space located within a shopping center in Midtown Reno, positioned along South Virginia Street. The shopping center has high visibility from South Virginia Street, which is characterized as a heavily traveled thoroughfare with reported traffic exceeding 13,800 vehicles per day. The shopping center is also situated near high-density residential neighborhoods that may support local foot traffic and nearby customer demand.

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?

$57k

Tax billed · 2023

Assessed value$2.21M

Assessed land$679k

Assessed improvement$1.53M

Effective rate2.60%

Value estimate

· Nov 2026

$1.56M

$1.40M – $1.72M

AI approach$1.93M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?

MUMC

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 Service8.9

Shoe Repair8.7

Locksmith8.5

515 Virginia St Reno, NV 89501-2237

County assessor Recorded deeds · 4 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

Address Sale price Sold Size

701 Virginia, Reno, NV 89501-2343 $2,800,000 Apr 2023 7,807 SF

777 Ctr, Reno, NV 89501-2330 $9,800,000 May 2022 21,194 SF

34 2nd, Reno, NV 89501-1421 $11,200,000 Jul 2021 69,408 SF

151 Sierra, Reno, NV 89501-1304 $1,900,000 May 2021 10,500 SF

210 Sierra, Reno, NV 89501-1307 $2,500,000 Sep 2019 35,000 SF

255 Virginia, Reno, NV 89501-1407 $9,640,000 Apr 2019 248,542 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

Value Estimation
$29,885,000

181,775 SF

50 1st St

RETAIL STORES (PERSONAL SERVICES)

50 1st St, Reno, NV 89501-1402

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Value Estimation
$2,940,000

26,851 SF

130 2nd St

RETAIL STORES (PERSONAL SERVICES)

130 2nd St, Reno, NV 89501-1311

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Value Estimation
$1,490,000

12,015 SF

195 Virginia St

RETAIL STORES (PERSONAL SERVICES)

195 Virginia St, Reno, NV 89501-1400

View Details
Value Estimation
$1,150,000

10,903 SF

229 Virginia St

RETAIL STORES (PERSONAL SERVICES)

229 Virginia St, Reno, NV 89501-1404

View Details
Value Estimation
$790,000

6,400 SF

780 Virginia St

RETAIL STORES (PERSONAL SERVICES)

780 Virginia St, Reno, NV 89501-2326

View Details
Value Estimation
$715,000

6,350 SF

330 Evans Ave

GROCERY, SUPERMARKET

330 Evans Ave, Reno, NV 89501-1115

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Leased Mixed-Use Property

Fully leased commercial building with dining, retail, wellness, and office occupancy.

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Lifestyle Center Retail Space

The open-air center offers a retail suite in South Reno.

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Open-Air Shopping Center

Retail space available within an open-air center in South Reno.

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Dominant Reno Power Center Space

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Shopping Center Retail Space

Retail space is available for lease at a commercial property on S McCarran Blvd.

5069-5089 S Mccarran Blvd, Reno, NV 89502

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515 Virginia St Reno, NV 89501

Property summary