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    Property profile & analytics

    600 Virginia St Reno, NV 89501-2358

    • Strip malls
    • 16,100 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US62-0383460
    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

    • Nevada Insurance Exchange / Insurance Agency
    • Nick's Greek Deli / Restaurant
    • The Studio - Moran St / Yoga Studio
    • Nahar Food & Discount Liquor Smoke Vape Shop / Liquor Store / Tobacco Shop
    • Midtown Smoke & Vape Shop / Beer Store / Cigar Shop

    Property Details for 600 Virginia St

    Year built
    1922
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.37 lot acres
    Property size
    16,100 SF
    Zone code
    MUMC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    011-231-01
    APU
    1123101

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $595,000
      6.5%
      $650,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $555,000
      Retail
      $730,000
      Mixed-Use
      $705,000
      Hospitality
      $735,000
      Educational
      $705,000
      Residential Income
      $735,000
      Energy
      $560,000
      Income-Based Land
      $715,000
      Food Service
      $705,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.81
    Latitude
    39.5198
    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
    $11,949
    $149,891
    $224,749
    $374,640
    -
    $428,260
    $642,141
    $1,070,401

    Comparable in this City

    • Value Estimation
      $2,610,000
      7,807 SF

      701 Virginia St

      SHOPPING CENTER, STRIP CENTER • 7,807 SF
      701 Virginia St, Reno, NV 89501-2343
      View Details
    • Value Estimation
      $9,520,000
      21,194 SF

      777 Ctr St

      SHOPPING CENTER, STRIP CENTER • 21,194 SF
      777 Ctr St, Reno, NV 89501-2330
      View Details
    • Value Estimation by Request
      132,000 SF

      Virginia St & Plumb Ln

      Neighborhood centers • 132,000 SF
      0 Virginia St & Plumb Ln, Reno, NV 89501
      View Details
    • Value Estimation
      $1,075,000
      6,435 SF

      130 Ctr St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,435 SF
      130 Ctr St, Reno, NV 89501-1539
      View Details
    • Value Estimation by Request
      14,904 SF

      750 Virginia St

      WHOLESALE OUTLET, DISCOUNT STORE • 14,904 SF
      750 Virginia St, Reno, NV 89501-1001
      View Details
    • Value Estimation by Request
      66,488 SF

      118 West St

      Individual retail properties • 66,488 SF
      118 West St, Reno, NV 89501
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,600 SF

      Redevelopment Opportunity in Midtown Reno

      Redevelopment opportunity with excellent visibility on S Virginia Street.
      1251 S Virginia St, Reno, NV 89501
      View Details
    • $9,000,000
      92,000 SF

      Downtown Reno Office/Retail Building

      Seven-story office/retail building in the heart of Downtown Reno.
      101 N Virginia St, Reno, NV 89501
      View Details
    • $650,000
      1,746 SF

      Downtown Reno Office Opportunity

      Two office-converted homes on a corner lot in Downtown/Midtown Reno.
      331 E Liberty St, Reno, NV 89501
      View Details
    • $4,195,000
      13,082 SF

      Downtown Reno Income Property Portfolio

      High-yield, multi-tenant office complex.
      247 California Ave, Reno, NV 89501
      View Details
    • $2,800,000
      9,250 SF

      Midtown Reno Mixed-Use Investment

      High-yield Reno multifamily & retail.
      120 Thoma St, Reno, NV 89501
      View Details
    • $4,941,318
      3,312 SF

      Reno Storefront Investment Opportunity

      High-Growth Downtown Reno Retail Space
      132 2Nd St, Reno, NV 89501
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      1,298 SF

      Retail Space in Reno, Nevada

      Retail space available for lease in Reno, Nevada.
      130-136 W 2Nd St, Reno, NV 89501
      View Details
    • $24 SF/Yr
      10,935 SF

      Reno Restaurant Spaces for Lease

      Turnkey Restaurant Suites at Greater Nevada Field
      230 Evans Ave, Reno, NV 89501
      View Details
    • $2 SF/Yr
      1,916 SF

      Downtown Office/Retail Property For Rent

      Stand-alone office/retail property in downtown Reno.
      336 W Liberty St, Reno, NV 89501
      View Details
    • $24 SF/Yr
      4,274 SF

      Retail Space Available For Lease

      Retail property available for lease in Reno, Nevada.
      239 W 2Nd St, Reno, NV 89501
      View Details
    • $33 SF/Yr
      1,500 SF

      Retail Space on South Virginia

      Retail space available for lease on South Virginia Street.
      1274-1298 S Virginia St, Reno, NV 89501
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space in Reno, Nevada

      8,000 square foot retail property available for rent.
      229 N Virginia St, Reno, NV 89501
      View Details
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    600 Virginia St
    Reno, NV 89501-2358
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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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