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Property profile & analytics
OFF-MARKET
Apartment buildings
1701 Roseman Dr Fallon, NV 89406-9457
Individually Owned
Free & Clear
Property ID
US62-0057157
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1945
Construction
FRAME
Total area
1,092 SF
Lot
2.02 ac (87,991 SF)
Zoning code
E1
APN
008-231-10
UPID
US62-0057157
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steven M Kramer & Pamela S Kramer R
Steven M Kramer & Pamela S Kramer R
since 2025
4 recorded transactions
Zoning & alternative use
E1 · Fallon, 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 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
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
$1,454
Tax year 2023
Assessed value
$54,053
Assessed 2023
Previous assessed
$58,270
-7.2% YoY
Effective rate
2.69%
On assessed value
Assessed land
$8,663
Assessed improvement
$45,390
Land market value
$24,751
Improvement market value
$129,686
Total market value
$154,437
Applied tax rate
20.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Bathrooms
2
Total area
1,092 SF
Lot
2.02 ac (87,991 SF)
Zoning code
E1
APN
008-231-10
UPID
US62-0057157
Jurisdiction
CHURCHILL
Zoning & alternative use
E1 · Fallon, NV
Zoning E1 · permitted uses
E1 · Fallon, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Steven M Kramer & Pamela S Kramer R
Individual
Free & Clear · 0 yrs held
Mailing address
1825 HILLSBORO BLVD, FALLON, NV 89406-9487
Ownership since
2025
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 3, 2025
—
Steven M Kramer & Pamela S Kramer R
Steven M Kramer
Deed
related
—
Mar 31, 2015
$190,000
Steven M Kramer
Cole Family Trust
Grant Deed
$140,000 · Cole Family Trust (pt)
Nov 5, 2007
—
Cole Family Trust
Cole,gary & Sandra
Quit Claim Deed
related
—
—
—
Gary L Cole
—
Deed Of Trust
related
$46,250 · Justice's Court/reno Township
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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