Professional grm calculator optimized for retail properties in Reno. Local market data shows 5.1% average cap rates and $525,000 median property values.
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The Reno, NV retail real estate market offers unique investment opportunities. With a median home price of $525,000 and average cap rates of 5.1%,retail properties in this market present a stable investment profile.
Current market conditions show properties averaging 30 days on market, with year-over-year appreciation of 5.8%. Average cash-on-cash returns for retail investments in Reno are approximately 8.0%.