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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Strip malls
10855 Double R Blvd, Reno, NV 89521-5857
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-0463560
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,980 SF
Lot
0.86 ac (37,521 SF)
Zoning code
PD
APN
160-793-08
UPID
US62-0463560
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
-
10855 Double R Shopping Center Business Service Center Corporate Office
-
Little Caesars Pizza Restaurant
-
Haven On Earth Bakery & Deli Bakery Specialty Food Shop
-
Hutch's Quik Smog Sustainability Organization
-
Best in Class Education Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
Shikhar Partners LLP · 7 yrs held
Shikhar Partners LLP
since 2019
7 recorded transactions
Zoning & alternative use
PD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,415,000
6.5%
$2,230,000
7%
$2,070,000
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10%
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
$172 / 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
$18,824
Tax year 2023
Assessed value
$560,167
Assessed 2023
Previous assessed
$475,185
+17.9% YoY
Effective rate
3.36%
On assessed value
Assessed land
$147,739
Assessed improvement
$412,428
Land market value
$422,111
Improvement market value
$1,178,365
Total market value
$1,600,476
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
9,980 SF
Lot
0.86 ac (37,521 SF)
Zoning code
PD
APN
160-793-08
UPID
US62-0463560
Jurisdiction
WASHOE
Zoning & alternative use
PD · Reno, NV
Zoning PD · permitted uses
PD · Reno, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reno. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Shikhar Partners LLP
Entity
Mailing address
10655 PROFESSIONAL CIR STE A, RENO, NV 89521-5840
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2019
$3,100,000
Shikhar Partners LLP
Trivalley Damonte Investment LLC
Bargain And Sale Deed
$2,170,000 · Plumas Bank
Oct 28, 2015
$1,820,000
William Warren Properties INC
Double R Associates LLC
Grant Deed
—
Oct 28, 2015
$1,920,000
Trivalley Damonte Investment L
William Warren Properties INC
Grant Deed
—
Aug 24, 2010
—
Double R Associates LLC
—
Deed Of Trust
related
$7,152,287 · Bank Of The West
Mar 7, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Nov 24, 2004
—
Double R Associates LLC
—
Trustees Deed
related
$7,198,023 · Bank Of The West
Apr 15, 2004
$2,050,000
Double R Associates LLC
John Henry Enterprises LLC
Grant Deed
—
Apr 2, 2003
—
Department Of Transportation
Regional Transportation Commis
Quit Claim Deed
related
—
—
—
Trivalley Damonte Investment L
—
Deed Of Trust
related
$1,285,000 · Bank Of The West
—
—
Double R Associates LLC
—
Deed Of Trust
related
$6,427,273 · Bank Of The West
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.
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