Property profile

5405 Meadowood Mall Cir Reno, NV 89502

OFF-MARKET
Auto shops
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Property ID
US62-0379556
17,994 SF 1.89 ac Built 1996
Last sale Aug 2023·$2,450,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a NNN retail asset located at 5405 Meadowood Mall Cir in Reno, Nevada 89502. It is configured for a single retail tenant use and was leased to 4 Wheel Parts for operations focused on truck, Jeep, SUV, and off-road performance products, including on-hand inventory and installation services. The lease structure included an initial 10-year absolute NNN term with two 5-year extension options, and the rental structure provided for scheduled 10% increases every five years.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$599k
Assessed land$317k
Assessed improvement$281k
Effective rate3.15%

Value estimate

· Nov 2026
$3.36M
$3.02M – $3.69M
AI approach$3.09M
Submarket $/SF estimate$4.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$320/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$212 – $437

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU
The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned...
General categoryMIXED_USE
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.0
Plumbing Service8.7
Shoe Repair8.6

Location

5405 Meadowood Mall Cir Reno, NV 89502-6508
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
865 Kietzke, Reno, NV 89502-2015 $7,700,000 May 2024 24,617 SF
3215 Ml, Reno, NV 89502-2219 $4,000,000 May 2022 8,990 SF
90 Sunshine, Reno, NV 89502-1268 $6,520,988 Jun 2021 8,640 SF
757 Kietzke, Reno, NV 89502-2013 $4,117,000 May 2021 13,346 SF
2825 Kietzke, Reno, NV 89502-4353 $2,950,000 Dec 2020 13,232 SF
657 Grv, Reno, NV 89502-3666 $6,000,000 Apr 2020 20,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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