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    Property profile & analytics

    Somersett Pkwy Reno, NV 89523

    • Sports & entertainment properties
    • 176 SF
    • 26.95 lot acres
    OFF-MARKET
    Value Estimation
    $870,000
    Location Intelligence
    Property ID
    US62-0761463
    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

    • Sports & entertainment properties

    Property Details for Somersett Pkwy

    Year built
    2006
    Construction
    WOOD
    Lot size
    26.95 lot acres
    Property size
    176 SF
    Zone code
    PD
    Property type
    Sports & entertainment properties
    APN
    234-021-52
    APU
    23402152

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.946
    Latitude
    39.5321
    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
    $2,230
    $43,981
    $161,413
    $205,394
    -
    $125,660
    $461,181
    $586,841

    Comparable in this City

    • Value Estimation by Request
      2.01 Acres

      Somersett Pkwy

      RECREATIONAL, ENTERTAINMENT • 2.01 Acres
      Somersett Pkwy, Reno, NV 89523
      View Details
    • Value Estimation
      $325,000
      57.24 Acres

      Evening Rock Trl

      RECREATIONAL, ENTERTAINMENT • 57.24 Acres
      Evening Rock Trl, Reno, NV 89523
      View Details
    • Value Estimation
      $910,000
      21.59 Acres

      Somersett Pkwy

      RECREATIONAL, ENTERTAINMENT • 21.59 Acres
      Somersett Pkwy, Reno, NV 89523
      View Details
    • Value Estimation by Request
      5.51 Acres

      Evening Rock Trl

      RECREATIONAL, ENTERTAINMENT • 5.51 Acres
      Evening Rock Trl, Reno, NV 89523
      View Details
    • Value Estimation by Request
      2.43 Acres

      Somersett Pkwy

      RECREATIONAL, ENTERTAINMENT • 2.43 Acres
      Somersett Pkwy, Reno, NV 89523
      View Details
    • Value Estimation by Request
      9.73 Acres

      Evening Rock Trl

      RECREATIONAL, ENTERTAINMENT • 9.73 Acres
      Evening Rock Trl, Reno, NV 89523
      View Details

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    Similar Nearby for Lease

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      Office space available for lease in Reno, Nevada.
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      Office space available in a well-maintained shopping complex.
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      Retail space available in Northwest Reno's Ridgeview Plaza.
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      594 square feet of office space available for rent.
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    • $1,595 /Mo

      Silver Creek Condo Available Now

      Comfortable 2-bedroom, 2-bathroom condo with community amenities in Reno.
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    Reno, NV 89523
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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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