Property profile

716 Virginia St Reno, NV 89501

OFF-MARKET
Retail space
Property ID
US62-0844617
2,716 SF 0.16 ac lot Built 2014
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction WOOD
Total area 2,716 SF
Lot 0.16 ac (7,000 SF)
Zoning code MUMC
APN 011-232-25
UPID US62-0844617

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
  • Restaurant

Location

716 Virginia St Reno, NV 89501-2326
Reno metro Census 202 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.81M

Owner & transaction history

since 2019
Last sale
$8.7M
3 recorded transactions
2019
Price N/A
2017
$6.1M
2017
$6.1M

Zoning & alternative use

MUMC · Reno, NV

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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