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Property profile & analytics
OFF-MARKET
Commercial real estate
1720 Grn Ave Silver Springs, NV 89429
Trust Owned
Free & Clear
Property ID
US62-0891794
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Total area
2,484 SF
Lot
4.72 ac (205,603 SF)
Zoning code
RR3T
APN
017-052-10
UPID
US62-0891794
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
Michael A Pecorino Trust
Michael A Pecorino Trust
since 2025
6 recorded transactions
Zoning & alternative use
RR3T · Silver Springs, 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 Silver Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Springs 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,073
Tax year 2024
Assessed value
$31,090
Assessed 2024
Previous assessed
$28,822
+7.9% YoY
Effective rate
3.45%
On assessed value
Assessed land
$10,794
Assessed improvement
$20,296
Land market value
$30,840
Improvement market value
$57,988
Total market value
$88,828
Applied tax rate
8.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1971
Heating
NONE
Buildings
1
Units
1
Total area
2,484 SF
Lot
4.72 ac (205,603 SF)
Zoning code
RR3T
APN
017-052-10
UPID
US62-0891794
Jurisdiction
LYON
Zoning & alternative use
RR3T · Silver Springs, NV
Zoning RR3T · permitted uses
RR3T · Silver Springs, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Buildings
1
Units
1
Lot
4.72 ac
Current owner
From public records · entity-resolved
Michael A Pecorino Trust
Trust
Free & Clear · 0 yrs held
Mailing address
3445 SOCRATES DR, RENO, NV 89512-4523
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2025
—
Michael A Pecorino Trust
Michael A Pecorino
Deed
—
Aug 8, 2018
—
Lavone L Booth
Booth,william W
Affidavit Of Death
related
—
Jul 24, 2008
—
William W Obooth
Keever,bettie
Quit Claim Deed
related
—
Mar 1, 2007
—
Michael A Pecorino
Hart,katherine F
Quit Claim Deed
related
—
Jan 23, 2007
—
Mark A Burnette
Brake,pearl H
Quit Claim Deed
related
—
Dec 8, 2006
—
William W Booth
Keever,bettie
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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