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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Outlet malls
130 Ctr St Reno, NV 89501-1539
Entity Owned
9-yr Hold
Free & Clear
Property ID
US62-0358674
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,435 SF
Lot
0.15 ac (6,490 SF)
Zoning code
MDRD
APN
011-178-02
UPID
US62-0358674
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
-
Patagonia Outlet (Bike/Boat/Book/etc) Store
-
Cardtronics Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
H Drake Corp · 9 yrs held
H Drake Corp
since 2017
7 recorded transactions
Zoning & alternative use
MDRD · 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
$138 / 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
$5,944
Tax year 2023
Assessed value
$161,200
Assessed 2023
Previous assessed
$129,246
+24.7% YoY
Effective rate
3.69%
On assessed value
Assessed land
$53,463
Assessed improvement
$107,737
Land market value
$152,750
Improvement market value
$307,821
Total market value
$460,571
Applied tax rate
1,001.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,435 SF
Lot
0.15 ac (6,490 SF)
Zoning code
MDRD
APN
011-178-02
UPID
US62-0358674
Jurisdiction
WASHOE
Zoning & alternative use
MDRD · Reno, NV
Zoning MDRD · permitted uses
MDRD · 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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
H Drake Corp
Entity
Free & Clear · 9 yrs held
Mailing address
244 KEARNY ST FL, SAN FRANCISCO, CA 94108-4507
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
—
H Drake Corporation
—
Deed
related
—
Apr 21, 2017
—
H Drake Corp
Bpe-sgre Hudson LLC
Grant Deed
—
Jan 30, 2017
—
Bpe-sgre Hudson LLC
—
Deed
related
$1,000,000 · Dorostkar Mina Living Tr (pt)
Dec 24, 2015
$410,500
Bpe-sgre Hudson LLC
Guinness Trio Nv LLC
Grant Deed
$1,000,000 · Dorostkar M Living Trust (lt)
Oct 16, 2013
$800,000
Guinness Trio Nv LLC
Matheu Peter J Trust
Grant Deed
$808,948 · Shatterhand Holding Co LLC
Apr 20, 2007
$1,250,000
Peter John Matheu
Win Tim Land Ventures LLC
Bargain And Sale Deed
$330,000 · First Independent Bank Of Nevada
Mar 20, 2006
$970,000
Win Tim Land Ventures LLC
Morrill & Machabee INC
Bargain And Sale Deed
$679,000 · First Independent Bank Of Nevada
—
—
Matheu Peter J Trust
—
Deed Of Trust
related
$275,000 · Mary F Matheu
—
—
Bpe-sgre Hudson LLC
—
Loan Modification
related
$1,000,000 · Dorostkar Mina Living Tr (pt)
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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