New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,675,000
Strip malls
1130 Hls Blvd, Reno, NV 89506-6720
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0008413
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,385 SF
Lot
1.81 ac (79,061 SF)
Zoning code
GC
APN
088-201-63
UPID
US62-0008413
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.60M
CAP Approach
CAP
$4.78M
Comparable Approach
Comparable
$6.63M
Blend (final)
Blend
$5.68M
Owner & transaction history
Fuchs Investments LLC · 3 yrs held
Fuchs Investments LLC
since 2022
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
GC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.8M
+1.8%
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
$5,600,000
ML approach
$5,595,000
CAP Approach
CAP Return
Estimation
6%
$5,175,000
6.5%
$4,780,000
7%
$4,435,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$8,590,000
Current use
RESTAURANT
$8,750,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$7,465,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,195,000
Change: -16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,060,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$5.68M
Range $5.11M – $6.24M · ±10% · vs last sale $5.75M (Sep 30 2022)
Last sale anchor
$5.75M
Sep 30 2022
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
$265 / 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
$33,375
Tax year 2023
Assessed value
$985,771
Assessed 2023
Previous assessed
$843,957
+16.8% YoY
Effective rate
3.39%
On assessed value
Assessed land
$271,298
Assessed improvement
$714,473
Land market value
$775,136
Improvement market value
$2,041,350
Total market value
$2,816,486
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
21,385 SF
Lot
1.81 ac (79,061 SF)
Zoning code
GC
APN
088-201-63
UPID
US62-0008413
Jurisdiction
WASHOE
Zoning & alternative use
GC · Reno, NV
Zoning GC · permitted uses
GC · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$8.6M
RESTAURANT
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Fuchs Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
105 CATRON DR, RENO, NV 89512-1001
Ownership since
2022
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
Sep 30, 2022
$5,750,000
Fuchs Investments LLC
Ricky W Massie
Bargain And Sale Deed
—
Sep 30, 2022
—
Ricky W Massie
Ricky W Massie
Intrafamily Transfer
related
—
Sep 14, 2021
—
Four Strands LLC
Christopher Tomaszewski
Bargain And Sale Deed
—
Nov 10, 2020
$1,120,000
Massie Family Trust
Michael W Massie
Grant Deed
—
Dec 29, 2017
—
Tomaszewski Family Trust
Massie Kids IV Properties LLC
Quit Claim Deed
related
—
Dec 29, 2017
$160,000
Michael Massie
Massie Kids IV Properties LLC
Grant Deed
related
—
Dec 30, 2015
—
Michael W Massie
Ricky W Massie
Quit Claim Deed
related
—
Oct 16, 2015
—
Ricky W Massie
Debra L Massie
Quit Claim Deed
related
—
Oct 16, 2015
$7,425,000
Massie Family Trust
Three Flags Partners LLC
Grant Deed
—
—
—
Three Flags Partners LLC
—
Loan Modification
related
$3,634,610 · Heritage Bk/nv
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 1130 Hls Blvd?
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.
