885 5thReno, NV 89503

  • Drive through restaurants
  • 1,868 SF
Off market
$16,791,610 Estimated

Property Details for 885 5th

Year built
2021
Construction
WOOD
Lot size
1.68 AC
Property size (Sq ft)
1,868 SF
Zone code
MDNWQ
Property type
Drive through restaurants
APN
006-183-54
APU
618354

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $433,518
    6.5%
    $400,171
    7%
    $371,587
  • Comparable approach

    Method
    Valuation
    Relative Method
    $444,863
    Geo Method
    $444,863
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $788,147
    Mixed-Use / Specialty
    $395,602
    Hospitality / Lodging
    $286,150
    Office
    $389,979
    Institutional / Educational
    $410,144
    Residential Income
    $479,868
    Multifamily
    $592,947
    Automotive / Energy
    $351,552
    Parking / Income-Based Land
    $124,421
    Restaurant / Food Service
    $199,050
    Healthcare / Senior Housing
    $408,905

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.529
Longitude
-119.828
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
$25,004
$485,450
$224,504
$709,954
-
$1,387,000
$641,441
$2,028,441

FAQs

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