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Financial
Distress signals
Property profile

645 W 6Th St Reno, NV 89503

FOR SALE
Medical Office Space
Property ID
US62-0566630
3,264 SF 0.66 ac lot Built 1983
Last sale Sep 2008 · $400,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$10k
Tax billed · 2023
Assessed value$263k
Assessed land$177k
Assessed improvement$86k
Effective rate3.62%

Value estimate

· Oct 2026
$360k
$324k – $396k
CAP approach$780k
Submarket $/SF estimate$515k
NOI build-up
Gross scheduled income$136k
Vacancy & credit loss−$25k
Operating expenses−$28k
NOI · 6.24% cap applied$83k

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?
6.24%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MDNWQ
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 Service16.5
Electrical Service11.6
Tailor Shop10.4

Location

645 W 6Th St Reno, NV 89503
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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
343 Elm, Reno, NV 89503-4522 $80,000,000 Nov 2022 73,015 SF
595 Bell, Reno, NV 89503-4430 $80,000,000 Nov 2022 8,551 SF
645 Arlington, Reno, NV 89503-4460 $80,000,000 Nov 2022 189,861 SF
1001 Jones, Reno, NV 89503-5512 $1,000,000 Oct 2022 2,600 SF
757 7th, Reno, NV 89503-3681 $925,000 Apr 2019 6,911 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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