7520 Longley Ln Reno, NV 89511
Property Lookup
Property profile & analytics
7520 Longley Ln Reno, NV 89511
- Strip malls
- 7,968 SF
- 0.76 lot acres
Property ID
US62-0366507
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Advanced Denture and Implant Solutions / Dental Office
- Sage Dental Care / Dental Office
- Ahyoung Young Kim / Dental Office
- Adam & Eve Stores / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store
- Dr. Joshua Branco / Dental Office
Property Details for 7520 Longley Ln
- Year built
- 2007
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.76 lot acres
- Property size
- 7,968 SF
- Zone code
- MS
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 164-110-04
- APU
- 16411004
Description
This two-story, 7,698 square foot retail strip center in Reno, Nevada's South Meadows submarket, presents a compelling investment opportunity. Built in 2007, the property is situated at 7520 Longley Lane, near the intersection of Longley Lane and South Virginia Street, offering convenient access to Interstate 395. The center features a mix of uses, as indicated by its Mixed-Use Suburban zoning. Currently, 3,491 square feet of retail space is available, previously occupied by a martial arts studio. This space boasts an open floor plan on the first floor, including two bathrooms and storage, and a mezzanine level offering an additional 1,441 square feet. The property's location provides excellent visibility and proximity to various restaurants and fast-food establishments, ensuring high foot traffic and potential for strong tenant occupancy. The Washoe County property (APN 164-110-04) offers a unique chance to acquire a well-located retail space in a thriving Reno neighborhood. The building's total area is 7,698 square feet, spread across two stories. This presents a versatile space suitable for a variety of retail businesses. The property's strategic location near major roadways and amenities makes it an attractive option for both investors and potential tenants.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,930,000
- 6.5%
- $1,780,000
- 7%
- $1,655,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.777
- Latitude
- 39.4566
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,738
$162,950
$386,810
$549,760
-
$465,570
$1,105,170
$1,570,740
