Technical
Financial
Distress signals
Property profile

55 1st St Reno, NV 89501

OFF-MARKET
Parking lots & garages
Property ID
US62-0363388
159,900 SF 0.62 ac lot Built 1965
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1965
Construction FRAME
Total area 159,900 SF
Lot 0.62 ac (27,181 SF)
Zoning code MDRD
APN 011-062-28
UPID US62-0363388

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Economic Consultant

Location

55 1st St Reno, NV 89501
Reno metro Census 106 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$705k
Blend (final) Blend
$850k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

MDRD · Reno, NV

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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