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Property profile & analytics
OFF-MARKET
Office buildings
1150 Selmi Dr Ste 505 Reno, NV 89512-4795
Entity Owned
Free & Clear
Property ID
US62-1051716
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
1,800 SF
Lot
0.04 ac (1,735 SF)
Zoning code
NC
APN
004-440-11
UPID
US62-1051716
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sunpod Properties LLC
Sunpod Properties LLC
since 2025
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
NC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,170
Tax year 2023
Assessed value
$128,732
Assessed 2023
Previous assessed
$112,532
+14.4% YoY
Effective rate
1.69%
On assessed value
Assessed land
$30,363
Assessed improvement
$98,369
Land market value
$86,750
Improvement market value
$281,055
Total market value
$367,805
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
1,800 SF
Lot
0.04 ac (1,735 SF)
Zoning code
NC
APN
004-440-11
UPID
US62-1051716
Jurisdiction
WASHOE
Zoning & alternative use
NC · Reno, NV
Zoning NC · permitted uses
NC · 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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Sunpod Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1150 SELMI DR STE #505, RENO, NV 89512-4795
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2026
—
Sunpod Properties LLC
—
Deed
related
$384,000 · Heritage Bank Of Nevada
Dec 31, 2025
$550,000
Sunpod Properties LLC
The Jesse B Kalter Trust
Bargain & Sale Deed
—
May 20, 2020
—
Kalter,jesse B Trust
Jesse B Kalter
Quit Claim Deed
related
—
Jan 10, 2020
$380,000
Jesse B Kalter
Jesse Kalter Law PC
Grant Deed
—
Mar 28, 2019
—
Jesse Kalter Law P C
—
Deed
related
$196,700 · Meadows Bank
Mar 22, 2019
$380,000
Jesse Kalter Law P C Jesse
Mark L Hauenstein
Bargain And Sale Deed
$196,700 · Meadows Bank
Mar 22, 2019
—
Jesse Kalter Law PC
—
Deed
related
$196,700 · Meadows Bk
Aug 3, 2017
—
Hauenstein,m & M 2017 Trust
Hauenstein,mark L
Quit Claim Deed
related
—
Jan 15, 2008
$312,500
Mark L Hauenstein
University Hills Professional Cente
Bargain And Sale Deed
$330,000 · Irwin Union Bank & Trust Co
Jan 15, 2008
—
Mark L Hauenstein
Hauenstein,mojra
Quit Claim Deed
related
—
—
—
Jesse Kalter Law PC
—
Deed Of Trust
related
$196,700 · Meadows Bk
—
—
Mark L Hauenstein
—
Deed Of Trust
related
$247,500 · Nevada State Bank
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
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