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    941 Virginia St Reno, NV 89502-2415
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    Property profile & analytics

    941 Virginia St, Reno, NV 89502-2415

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    • Motels
    • 8,080 SF
    • 0.33 lot acres
    Off-Market
    Last Sale May 8, 2023
    $2,125,000
    Property ID
    US62-0024762
    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.

    Value Estimations
    $2,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Laughing Planet / Restaurant
    • Best Bet Motor Lodge / Hotel & Motel
    • Buzzed Coffee / Cafe & Coffee Shop
    • Print With Me Printer at Hub Coffee Roasters - University / (Bike/Boat/Book/etc) Store / Printing Service
    • Best Bet Lodging / Hotel & Motel

    Property Details for 941 Virginia St

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.33 lot acres
    Zone code
    MUMC
    Property type
    Motels
    APN
    011-332-04
    APU
    1133204

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 21, 2023 — 941 S Virginia LLC — Deed · related $2.2M · Plumas Bank
    May 8, 2023 $2,125,000 941 S Virginia LLC Best Bet Series Of Jrk Investments Bargain And Sale Deed —
    May 8, 2023 — Best Bet Series Of Jrk Investments Jrk Investments LLC Quit Claim Deed · related —
    Sep 6, 2022 — City Of Reno Regional Trans Commission Of Washoe Quit Claim Deed · related —
    Dec 28, 2020 — Jrk Investments LLC Jrk Investments LLC Quit Claim Deed · related —
    Dec 22, 2020 — Best Bet Series Of Jrk Invest LLC Jrk Investments LLC Quit Claim Deed · related —
    Sep 30, 2020 $1,960,000 Jrk Investments LLC Leah Bader Grant Deed $400k · Julie M Hartley
    May 18, 2018 $2,760,000 Evergold Real Estate LLC Daytwa Assets LLC Grant Deed —
    Aug 31, 2004 $1,200,000 Leah Bader Carolina Reno Hospitality Grou Grant Deed —
    Aug 31, 2004 — Leah Bader Bader,daniel Quit Claim Deed · related —
    Mar 1, 2002 $1,350,000 Carolina Reno Hospitality Grou Chaudhrys Investment Co Grant Deed $1.1M · Silver State Bank
    Feb 22, 1995 — Chaudhry,ali A & Kishmar A Marinaccio,john & Mary Trustees Deed · related —
    — — Chaudhrys Investment Co — Deed Of Trust · related $600k · Truckee River Bank
    — — Leah Bader — Deed Of Trust · related $400k · Bluth C P & C C Living Trust

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,910,000
      ML approach
      $2,520,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,566,000
      Market price range: $1.57M - $3.61M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $2,670,000
      Current use
      RESTAURANT
      $3,305,000
      Change: +24% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,245,000
      Change: +22% Conversion: Difficult
      MEDICAL BUILDING
      $2,820,000
      Change: +6% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,665,000
      Change: -0% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,585,000
      Change: -3% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,225,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.808
    Latitude
    39.5158
    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
    $7,178
    $134,995
    $64,049
    $199,044
    -
    $385,700
    $182,998
    $568,698
    More about this property
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