1495 MlReno, NV 89502

  • Assisted living facilities
  • 57,552 SF
Off market

Property Details for 1495 Ml

Year built
1993
Construction
WOOD
Lot size
6.09 AC
Property size (Sq ft)
57,552 SF
Zone code
MU
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
012-172-15
APU
1217215

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,454,836
    6.5%
    $7,804,464
    7%
    $7,247,002
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,155,657
    Geo Method
    $15,155,657
  • Alternative Use

    Use
    Valuation
    Residential
    $9,900,292
    Hospitality
    $9,068,614
    Educational
    $7,544,980
    Medical
    $7,804,464
    Retail
    $11,736,636

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5242
Longitude
-119.792
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
$615
$1,206,824
$2,667,018
$3,873,842
-
$3,448,068
$7,620,050
$11,068,118

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