Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,475,000
Automotive properties
1000 Kietzke Ln Reno, NV 89502-2712
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0462901
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,767 SF
Lot
2.03 ac (88,427 SF)
Zoning code
GC
APN
013-312-12
UPID
US62-0462901
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Reno Mitsubishi Car Dealership
-
Winkel Family Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.57M
Blend (final)
Blend
$5.48M
Owner & transaction history
Corwin Brothers Properties LLC · 1 yrs held
Corwin Brothers Properties LLC
since 2025
Last sale
$7.0M
6 recorded transactions
Zoning & alternative use
GC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition of the city's suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,752.04 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$8.4M
+105.3%
Restaurant
$5.2M
+27.9%
Neighborhood: shopping center
$5.1M
+25.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Reno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reno submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,765,000
ML approach
$4,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,085,000
Current use
COMMERCIAL (GENERAL)
$8,385,000
Change: +105% · Conversion: Moderate
RESTAURANT
$5,225,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,130,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$4,455,000
Change: +9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,215,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,520,000
Change: -14% · Conversion: Easy
RETAIL STORES
$3,480,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$5.48M
Range $4.93M – $6.02M · ±10% · vs last sale $7.00M (Apr 15 2025)
Last sale anchor
$7.00M
Apr 15 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$429 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,725
Tax year 2023
Assessed value
$844,849
Assessed 2023
Previous assessed
$703,278
+20.1% YoY
Effective rate
3.28%
On assessed value
Assessed land
$403,890
Assessed improvement
$440,959
Land market value
$1,153,972
Improvement market value
$1,259,884
Total market value
$2,413,856
Applied tax rate
1,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
12,767 SF
Lot
2.03 ac (88,427 SF)
Zoning code
GC
APN
013-312-12
UPID
US62-0462901
Jurisdiction
WASHOE
Zoning & alternative use
GC · Reno, NVZoning GC · permitted uses
GC · Reno, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition of the city's suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,752.04 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$8.4M
RESTAURANT
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
2.03 ac
Current owner
From public records · entity-resolved
Corwin Brothers Properties LLC
Entity
Mailing address
1000 KIETZKE LN, RENO, NV 89502-2712
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
—
Corwin Brothers Properties LLC
—
Deed
related
$428,865,748 · Bank Of America NA
Apr 15, 2025
$7,000,000
Corwin Brothers Properties LLC
Mw Properties LLC
Bargain & Sale Deed
—
Jul 6, 2022
$3,791,000
M W Properties LLC
K K & C Properties LLC
Bargain And Sale Deed
—
May 12, 2010
$1,636,000
Kk & C Properties LLC
Winkel Real Estate Ptrs Ltd
Grant Deed
—
—
—
Kk & C Properties LLC
—
Deed Of Trust
related
$1,636,000 · Winkel Real Estate Ptrs Ltd
—
—
Winkel Real Estate Partners
—
Deed Of Trust
related
$715,000 · Saturn Of Reno
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1000 Kietzke Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
