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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Office buildings
1525 Williams Ave Ste F Fallon, NV 89406-2606
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0345678
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2000
Total area
10,338 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C2
APN
001-251-08
UPID
US62-0345678
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
-
The UnCommon Thread (Bike/Boat/Book/etc) Store
-
Papa Murphy's | Take 'N' Bake Pizza Restaurant
-
Stillwater Dental Lab Dental Office
-
USA Cash Services Loan Service
-
Sarah Brooke Berg Co. Life Coach
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$1.02M
Owner & transaction history
Dustin C Somers · 4 yrs held
Dustin C Somers
since 2022
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
C2 · Fallon, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+22.3%
Commercial (general)
$1.2M
+22.2%
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 Fallon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallon 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
$995,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$980,000
Current use
RESTAURANT
$1,195,000
Change: +22% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,195,000
Change: +22% · Conversion: Easy
INDUSTRIAL (GENERAL)
$920,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.10M (Jun 2 2022)
Last sale anchor
$1.10M
Jun 2 2022
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
$99 / 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
$12,113
Tax year 2023
Assessed value
$340,107
Assessed 2023
Previous assessed
$367,312
-7.4% YoY
Effective rate
3.56%
On assessed value
Assessed land
$112,232
Assessed improvement
$227,875
Land market value
$320,663
Improvement market value
$651,071
Total market value
$971,734
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2000
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
10,338 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C2
APN
001-251-08
UPID
US62-0345678
Jurisdiction
CHURCHILL
Zoning & alternative use
C2 · Fallon, NVZoning C2 · permitted uses
C2 · Fallon, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$980,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$920,000
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2000
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Dustin C Somers
Individual
Mailing address
7385 LACERTA DR, SPARKS, NV 89436-6116
Ownership since
2022
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
Jul 17, 2024
—
Dustin C Somers
—
Deed
related
$318,500 · Mountain America FCU
Jun 2, 2022
$1,100,000
Dustin C Somers
Pk Investments LLC
Bargain And Sale Deed
$580,895 · Heritage Bank Of Nevada
Jun 2, 2022
—
Dustin C Somers
Marisa Somers
Intrafamily Transfer
related
—
—
—
Pk Investments LLC
—
Deed Of Trust
related
$375,000 · Ross J S & J T Trust (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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