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Property profile & analytics
OFF-MARKET
Estimated value
$10,675,000
Motels
1275 Stardust St Reno, NV 89503-4227
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0097585
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
32,454 SF
Lot
1.79 ac (77,885 SF)
Zoning code
GC
APN
006-166-01
UPID
US62-0097585
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
-
Gateway Inn Hotel & Motel
-
Rose Garden Garden Center Landscaping
-
Baylocq Construction Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.50M
Blend (final)
Blend
$10.68M
Owner & transaction history
Eagle Valley Group LLC · 1 yrs held
Eagle Valley Group LLC
since 2024
7 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)
$17.3M
+61.2%
Restaurant
$13.3M
+23.8%
Neighborhood: shopping center
$13.0M
+21.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$10,730,000
Current use
COMMERCIAL (GENERAL)
$17,300,000
Change: +61% · Conversion: Difficult
RESTAURANT
$13,275,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,040,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$11,325,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,920,000
Change: +2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,715,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$8,605,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$10.68M
Range $9.61M – $11.74M · ±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
$329 / 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
$22,083
Tax year 2023
Assessed value
$897,068
Assessed 2023
Previous assessed
$737,562
+21.6% YoY
Effective rate
2.46%
On assessed value
Assessed land
$218,120
Assessed improvement
$678,948
Land market value
$623,200
Improvement market value
$1,939,850
Total market value
$2,563,050
Applied tax rate
1,002.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
4
Units
101
Total area
32,454 SF
Lot
1.79 ac (77,885 SF)
Zoning code
GC
APN
006-166-01
UPID
US62-0097585
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
HOTEL/MOTEL Current
Est. value
$10.7M
COMMERCIAL (GENERAL)
Est. value
$17.3M
RESTAURANT
Est. value
$13.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.0M
MEDICAL BUILDING
Est. value
$11.3M
AUTO REPAIR, GARAGE
Est. value
$10.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.7M
OFFICE BUILDING
Est. value
$8.6M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
4
Buildings
3
Units
101
Lot
1.79 ac
Current owner
From public records · entity-resolved
Eagle Valley Group LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2406 PRATER WAY, SPARKS, NV 89431-4122
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
—
Eagle Valley Group LLC
Eagle Valley Group LLC
Deed
related
—
Aug 30, 2012
—
Nav S Bajwa
Bajwa,manpreet
Quit Claim Deed
related
—
Aug 30, 2012
$1,540,000
Nav S Bajwa
Easymark LLC
Grant Deed
$230,409 · Easymark LLC
Apr 12, 2010
—
Easymark LLC
Baylocq Roger Family Trust
Grant Deed
—
Apr 2, 2010
—
Easymark LLC
Bjorlin,april R
Grant Deed
—
Sep 25, 2009
—
April Bjorlin
Bjorlin Mark D
Quit Claim Deed
related
—
Jun 12, 2006
—
Baylocq Roger Family Trust
Baylocq,roger
Quit Claim Deed
related
—
Feb 2, 2001
—
Walter W Pabst
Web Service Co INC
Quit Claim Deed
related
—
Feb 2, 2001
$2,000,000
Bjorlin,mark
Pabst,walter W & Dorothy M
Trustees Deed
$1,750,000 · Royal Inn Of Reno LP
Dec 20, 1996
$1,872,317
Ticor Title Insurance
Gateway Inn Enterprises
Trustees Deed
—
—
—
Nav S Bajwa
—
Deed Of Trust
related
$1,009,590 · Dorothy Pabst
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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