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    Property profile & analytics

    807 2nd St Verdi, NV 89439

    • Turn key restaurants
    • 10,350 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $1,260,000
    Last Sale
    Apr 12, 2021
    $1,175,000
    Location Intelligence
    Property ID
    US62-0574684
    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.

    Current Use by Public Records

    • Isalis / Jewelry Store / Gift Shop
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Clothing Store / Corporate Campus
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 807 2nd St

    Year built
    1935
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Property size
    10,350 SF
    Zone code
    GC
    Property type
    Turn key restaurants
    APN
    038-393-11
    APU
    3839311

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,175,000
      6.5%
      $1,240,000
      7%
      $1,125,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,375,000
      Geo Method
      $1,270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,150,000
      Retail
      $1,450,000
      Mixed-Use
      $1,430,000
      Hospitality
      $1,120,000
      Educational
      $1,360,000
      Residential Income
      $1,465,000
      Energy
      $1,310,000
      Income-Based Land
      $1,430,000
      Food Service
      $1,460,000

    Location Insight

    • Map
    • Local Demand
    City
    Verdi
    County
    Washoe
    State
    Nevada
    Longitude
    -119.988
    Latitude
    39.5187
    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
    $6,580
    $46,824
    $164,826
    $211,650
    -
    $133,783
    $470,932
    $604,715

    Comparable in this City

    • Value Estimation
      $295,000
      4,937 SF

      2905 Hwy 40th W

      RESTAURANT • 4,937 SF
      2905 Hwy 40th W, Verdi, NV 89439-8002
      View Details
    • Value Estimation
      $335,000
      2,306 SF

      420 Hwy 40th W

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,306 SF
      420 Hwy 40th W, Verdi, NV 89439-8204
      View Details
    • Value Estimation by Request
      1,921 SF

      775 Hwy 40th W

      BAR, TAVERN • 1,921 SF
      775 Hwy 40th W, Verdi, NV 89439-8166
      View Details
    • Value Estimation by Request
      127,616 SF

      8650 Boomtown Garson Rd

      SHOW ROOM, WAREHOUSE • 127,616 SF
      8650 Boomtown Garson Rd, Verdi, NV 89439-8186
      View Details
    • Value Estimation by Request
      20,563 SF

      350 Gold Rnch Rd

      GROCERY, SUPERMARKET • 20,563 SF
      350 Gold Rnch Rd, Verdi, NV 89439-8190
      View Details
    • Value Estimation
      $295,000
      1,920 SF

      580 Crystal Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      580 Crystal Park Rd, Verdi, NV 89439
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      85,120 SF

      Industrial Space Near Interstate 80

      Class A industrial space with convenient access to Interstate 80.
      8800 Boomtown Garson Rd, Verdi, NV 89439
      View Details
    • Contact for pricing
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      View Details
    • Contact for pricing
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      Verdi Warehouse Space Available

      258,500 SF warehouse space with dock-high and drive-in doors.
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      View Details
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    807 2nd St
    Verdi, NV 89439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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