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Property profile & analytics
OFF-MARKET
Estimated value
$8,350,000
Grocery and convenience stores
1445 Mayberry Dr, Reno, NV 89509
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0916123
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
33,691 SF
Lot
3.1 ac (135,036 SF)
Zoning code
NC
APN
010-234-21
UPID
US62-0916123
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
$8.35M
CAP Approach
CAP
$6.56M
Comparable Approach
Comparable
$5.58M
Blend (final)
Blend
$8.35M
Owner & transaction history
Whale Rock LLC · 1 yrs held
Whale Rock LLC
since 2024
Last sale
$8.4M
3 recorded transactions
Zoning & alternative use
NC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.8M
+59.1%
Neighborhood: shopping center
$13.5M
+56.3%
Medical building
$11.8M
+35.8%
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
$8,350,000
ML approach
$8,350,000
CAP Approach
CAP Return
Estimation
6%
$7,105,000
6.5%
$6,560,000
7%
$6,090,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,660,000
Current use
RESTAURANT
$13,785,000
Change: +59% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$13,535,000
Change: +56% · Conversion: Moderate
MEDICAL BUILDING
$11,760,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,340,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,120,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$9,565,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$8.35M
Range $7.52M – $9.19M · ±10% · vs last sale $8.35M (Sep 5 2024)
Last sale anchor
$8.35M
Sep 5 2024
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
$248 / 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
$41,527
Tax year 2023
Assessed value
$1,132,979
Assessed 2023
Previous assessed
$1,132,979
+0.0% YoY
Effective rate
3.67%
On assessed value
Assessed land
$567,151
Assessed improvement
$565,828
Land market value
$1,620,432
Improvement market value
$1,616,651
Total market value
$3,237,083
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
33,691 SF
Lot
3.1 ac (135,036 SF)
Zoning code
NC
APN
010-234-21
UPID
US62-0916123
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.7M
RESTAURANT
Est. value
$13.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.5M
MEDICAL BUILDING
Est. value
$11.8M
AUTO REPAIR, GARAGE
Est. value
$11.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.1M
OFFICE BUILDING
Est. value
$9.6M
RETAIL STORES Current
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Whale Rock LLC
Entity
Mailing address
4947 PO BOX 6TH TER W, CRYSTAL BAY, NV 89402-0006
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
$8,350,000
Whale Rock LLC
Chris Aramini
Bargain And Sale Deed
—
Jun 25, 1996
—
Roger A Bergmann
Bergmann,roger A
Quit Claim Deed
related
$412,252 · Woodmen Of World Life Insuranc
—
—
Bergmann,tr
—
Deed Of Trust
related
$2,100,000 · Ge Capital Life Assurance 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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