Financial
Distress signals
Property profile

5220 Neil Rd Reno, NV 89502

OFF-MARKET
Medical Office Space
Property ID
US62-0414480
10,650 SF 0.9 ac lot Built 1988
Last sale Oct 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a dental office space located at 5220 Neil Rd, Reno, NV 89502, near S McCarran Blvd. It is approximately 1,696 square feet and is configured as a ready-to-use dental practice environment for dental professionals. The space has an established lease term through August 31, 2029, with CPI-based escalations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$603k
Assessed land$172k
Assessed improvement$432k
Effective rate3.51%

Value estimate

· Sep 2026
$480k
$432k – $528k
CAP approach$2.55M
Submarket $/SF estimate$1.73M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$349/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$270 – $464

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?
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 Service10.0
Auto Parts Store9.4
Parking Facility8.9

Location

5220 Neil Rd Reno, NV 89502-6505
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
850 Ml, Reno, NV 89502-1413 $4,200,000 Dec 2025 21,165 SF
525 Moana, Reno, NV 89502-4671 $1,638,178 Sep 2023 7,306 SF
475 Kirman, Reno, NV 89502-1907 $1,900,000 Aug 2022 8,310 SF
1175 Harvard, Reno, NV 89502-2106 $1,635,000 Dec 2021 8,235 SF
855 Ml, Reno, NV 89502-1696 $1,060,000 Jan 2021 7,304 SF
5605 Riggins, Reno, NV 89502-6501 $2,800,000 Jan 2021 14,040 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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