220 MlReno, NV 89501

  • Retail properties
  • 22,152 SF
Off market
$622,123 Estimated

Property Details for 220 Ml

Year built
1965
Construction
FRAME
Lot size
0.21 AC
Property size (Sq ft)
22,152 SF
Zone code
MDRD
Property type
Retail properties
Property subtype
Parking lots & garages
APN
011-125-09
APU
1112509

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,893,936
    6.5%
    $4,517,480
    7%
    $4,194,802
  • Comparable approach

    Method
    Valuation
    Method 1
    $12,782,918
    Method 2
    $12,782,918
  • Alternative Use

    Use
    Valuation
    Residential
    $3,810,663
    Hospitality
    $3,490,547
    Educational
    $2,904,094
    Medical
    $3,003,970
    Retail
    $4,517,480
220 Ml, Reno, Nevada

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.525
Longitude
-119.809
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $450,346
  • Assessed land value
    $63,805
  • Assessed value
    $514,151
  • Tax year
    2023
  • Tax bill
    $13,954

FAQs

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