1215 VirginiaReno, NV 89502

  • Retail properties
  • 6,250 SF
Off market
$183,219 Estimated

Property Details for 1215 Virginia

Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
6,250 SF
Zone code
MUMC
Property type
Retail properties
Property subtype
Retail space
APN
014-125-07
APU
1412507

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,380,783
    6.5%
    $1,274,569
    7%
    $1,183,528
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,606,592
    Geo Method
    $3,606,592
  • Alternative Use

    Use
    Valuation
    Residential
    $1,075,146
    Hospitality
    $984,828
    Educational
    $819,366
    Medical
    $847,545
    Retail
    $1,274,569
1215 Virginia, Reno, Nevada

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5123
Longitude
-119.807
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $77,999
  • Assessed land value
    $73,422
  • Assessed value
    $151,421
  • Tax year
    2023
  • Tax bill
    $4,694

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