941 VirginiaReno, NV 89502

  • Hospitality properties
  • 8,080 SF
Off market
$240,843 Estimated

Property Details for 941 Virginia

Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.33 AC
Property size (Sq ft)
8,080 SF
Zone code
MUMC
Property type
Hospitality properties
Property subtype
Motels
APN
011-332-04
APU
1133204

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,379,285
    6.5%
    $1,273,186
    7%
    $1,182,244
  • Comparable approach

    Method
    Valuation
    Method 1
    $4,348,062
    Method 2
    $4,348,062
  • Alternative Use

    Use
    Valuation
    Residential
    $1,389,949
    Hospitality
    $1,273,186
    Educational
    $1,059,276
    Medical
    $1,095,706
    Retail
    $1,647,762
941 Virginia, Reno, Nevada
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Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5158
Longitude
-119.808
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $64,049
  • Assessed land value
    $134,995
  • Assessed value
    $199,044
  • Tax year
    2023
  • Tax bill
    $7,178

FAQs

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