Financial
Distress signals
Property profile

855 W 7Th St Reno, NV 89503

FOR SALE
Medical Office Space
Property ID
US62-0419350
14,588 SF 0.92 ac lot Built 1978
Last sale Nov 2025 · $2,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$21k
Tax billed · 2023
Assessed value$582k
Assessed land$186k
Assessed improvement$396k
Effective rate3.56%
Value estimate · Sep 2026
$540k
$486k – $594k
NOI build-up
Gross scheduled income$422k
Vacancy & credit loss−$78k
Operating expenses−$86k
NOI · 9.00% cap applied$258k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$349/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$270 – $464
Cap rate analysis

How does the asset earn?

9.00%
$258k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

PO
The PO district provides for office conversions and small office developments and is considered appropriate in transitional areas designa...
General categoryRESIDENTIAL
JurisdictionWASHOE
Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Storage Facility10.3
Furniture Store10.3

Location

855 W 7Th St Reno, NV 89503
County assessor Recorded deeds · 4 transfers 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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