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Property profile & analytics
FOR SALE
Office buildings
14291 Lear Blvd Reno, NV 89506
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0085719
For Sale
1 / 6
$16,500,000
14291 Lear Blvd, Reno, NV 89506
View Listing →
Property summary
AI-generated overview
This expansive 144,219-square-foot warehouse, situated on 7.63 acres in Reno, Nevada's North Valleys submarket, presents a significant opportunity. Built in 1982, this single-story industrial building boasts a 29.5-foot ceiling height, providing ample vertical space for various operations. The property features six loading docks, four drive-in doors, and 115 total parking spaces, ensuring efficient loading and ample parking for employees and visitors. The robust power supply of 8,000 amps (120-480v 3-phase heavy power) caters to high-demand industrial needs. Located at 14291 Lear Blvd, Reno, NV 89506 (APN 090-051-03, Washoe County), this property is zoned I. The building's single-tenant occupancy allows for complete control and customization. The address is conveniently located near Stead Blvd. This exceptional warehouse is ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
METAL FRAME
Total area
8,000 SF
Lot
7.63 ac (332,493 SF)
Zoning code
I
APN
090-051-03
UPID
US62-0085719
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
-
Daimler PDC Auto Parts Store Big Box & Wholesale Store
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
Dlj Properties Stead LLC · 2 yrs held
Dlj Properties Stead LLC
since 2023
Last sale
$15.0M
4 recorded transactions
Zoning & alternative use
I · 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
$53,999
Tax year 2023
Assessed value
$1,634,327
Assessed 2023
Previous assessed
$1,365,577
+19.7% YoY
Effective rate
3.30%
On assessed value
Assessed land
$349,118
Assessed improvement
$1,285,209
Land market value
$997,479
Improvement market value
$3,672,027
Total market value
$4,669,506
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
For Sale
Year built
1982
Construction
METAL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
8,000 SF
Lot
7.63 ac (332,493 SF)
Zoning code
I
APN
090-051-03
UPID
US62-0085719
Jurisdiction
WASHOE
Zoning & alternative use
I · Reno, NV
Zoning I · permitted uses
I · 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
1982
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
7.63 ac
Current owner
From public records · entity-resolved
Dlj Properties Stead LLC
Entity
Free & Clear · 2 yrs held
Mailing address
9895 DOUBLE R BLVD, RENO, NV 89521-5917
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Dlj Properties Stead LLC
—
Deed
related
—
Dec 4, 2023
—
Dlj Properties Stead LLC
—
Deed
related
$9,000,000 · Umpqua Bank
Sep 6, 2023
$15,000,000
Dlj Properties Stead LLC
Winner Properties LLC
Bargain And Sale Deed
—
Mar 31, 2000
$2,500,000
Winner Properties LLC
Bwc-west INC
Grant Deed
$2,000,000 · American Water Heater Co
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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