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Property summary
Exceptional investment opportunity in Reno's vibrant Midtown area. This property encompasses three buildings on two parcels totaling 0.37 acres, offering a unique blend of income-generating potential and prime office space. The main building, a 3,502 square foot executive office space, features a spacious layout, four bathrooms, and 1,383 square feet of basement storage. Its corner lot location ensures maximum visibility and accessibility. Two additional rental homes provide supplemental… income; one is 458 square feet, generating $1,050 monthly rent, and the other is 168 square feet, generating $500 monthly rent. Ample parking is available with 16 designated spots. The property boasts a fully landscaped exterior and is situated near commercial centers, restaurants, and cultural attractions. The main office building is zoned MU-MC. The total square footage is 4,128 square feet, with a net rentable area of 4,128 square feet. The asking price is $1,400,000, resulting in a price per square foot of $339.15. The current Net Operating Income (NOI) is $15,605. The property was built in 1940 and includes three buildings. The property's address is 652 Forest St, Reno, NV 89509. APN: 011-225-02 (and an additional APN: 011-225-01). Matterport 3D renderings of the office building are available online. This owner/user investment presents a compelling opportunity for both business owners and investors seeking a strong return.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,502 SF
- Lot area
- 0.25 ac
- Year built
- 1932
- Stories
- 2
- APN
- 011-225-02
- Zoning
- MUMC
- Assessed value · 2023
- $132,694
- Annual tax · 2023
- $3,598
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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