Property profile

700 Virginia St Reno, NV 89501

OFF-MARKET
Banks
Property ID
US62-0416860
5,064 SF 0.85 ac lot Built 1994
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1994
Construction WOOD
Total area 5,064 SF
Lot 0.85 ac (36,938 SF)
Zoning code MDUD
APN 007-216-32
UPID US62-0416860

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
  • Financial Advisor
  • Loan Service Bank
  • Atm

Location

700 Virginia St Reno, NV 89501-1029
Reno metro Census 105 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$523k
Blend (final) Blend
$595k

Owner & transaction history

Zoning & alternative use

MDUD · Reno, NV
Top alternative use upside
Commercial (general) $705,000 +74.8%
Medical building $700,000 +73.6%
Office building $640,000 +58.9%

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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