Property profile

700 2nd St Reno, NV 89502

OFF-MARKET
Drive through restaurants
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Property ID
US62-0756077
2,224 SF 0.3 ac Built 1967
Last sale Feb 2012·$340,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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?
$5k
Tax billed · 2023
Assessed value$162k
Assessed land$102k
Assessed improvement$61k
Effective rate3.12%

Value estimate

· Nov 2026
$340k
$306k – $374k
AI approach$340k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$409/SF
Submarket average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$324 – $592

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: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.4
Laundromat8.7
Laundry Service8.6

Location

700 2nd St Reno, NV 89502-1019
County assessor Recorded deeds · 5 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3200 Virginia, Reno, NV 89502-4506 $4,700,000 Dec 2025 2,229 SF
1110 Rock, Reno, NV 89502-7155 $4,752,475 Oct 2024 3,010 SF
1507 Wls, Reno, NV 89502-2988 $1,200,000 Aug 2024 1,666 SF
395 Wls, Reno, NV 89502-1611 $470,777 Feb 2024 2,694 SF
1801 Market, Reno, NV 89502 $730,000 Jan 2024 1,453 SF
1030 Virginia, Reno, NV 89502-2418 $1,060,000 Jan 2024 2,052 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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