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Property profile & analytics
OFF-MARKET
Flex space
1755 Geiger Grade Rd Reno, NV 89521
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0473694
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Lot
0.18 ac (7,808 SF)
Zoning code
MDS
APN
017-055-23
UPID
US62-0473694
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
Spectrum Pacific West LLC · 2 yrs held
Spectrum Pacific West LLC
since 2023
Last sale
$78,621
4 recorded transactions
Zoning & alternative use
MDS · 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
$665
Tax year 2023
Assessed value
$27,518
Assessed 2023
Previous assessed
$24,443
+12.6% YoY
Effective rate
2.42%
On assessed value
Assessed land
$18,037
Assessed improvement
$9,481
Land market value
$51,533
Improvement market value
$27,088
Total market value
$78,621
Applied tax rate
4,000.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1980
Heating
NONE
Lot
0.18 ac (7,808 SF)
Zoning code
MDS
APN
017-055-23
UPID
US62-0473694
Jurisdiction
WASHOE
Zoning & alternative use
MDS · Reno, NV
Zoning MDS · permitted uses
MDS · 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
1980
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Spectrum Pacific West LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6360 S FIDDLERS GRN CIR #100, GREENWOOD VILLAGE, CO 80111-4951
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
Jul 26, 2023
$78,621
Spectrum Pacific West LLC
Charter Communications LLC
Warranty Deed
—
Apr 20, 2015
$40,500
Charter Communications LLC
Falcon Cable Systems Co II LP
Warranty Deed
—
Jul 2, 2001
$59,500
Falcon Cable Co Systems II LP
Ohio Cablevision Network
Grant Deed
—
Jan 22, 1999
$57,500
Ohio Cablevision Network INC
Mediaone Of Nevada INC
Grant Deed
—
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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