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Property profile & analytics
OFF-MARKET
Estimated value
$5,415,000
Warehouses
1775 4th St Reno, NV 89512-3727
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-1263029
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
METAL FRAME
Total area
18,150 SF
Lot
4.75 ac (206,779 SF)
Zoning code
MU
APN
008-211-50
UPID
US62-1263029
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
-
Cares Campus shelter Charitable Organization Social Service Agency
-
Volunteers of America Charitable Organization Social Service Agency
-
UCONSULT.LLC Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.42M
Owner & transaction history
Washoe County · 3 yrs held
Washoe County
since 2022
Last sale
$5.5M
1 recorded transaction
Zoning & alternative use
MU · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+171.1%
Neighborhood: shopping center
$7.3M
+166.2%
Medical building
$6.3M
+131.3%
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
$5,355,000
ML approach
$5,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,425,000
Change: +171% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,290,000
Change: +166% · Conversion: Moderate
MEDICAL BUILDING
$6,335,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,110,000
Change: +123% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,990,000
Change: +119% · Conversion: Difficult
OFFICE BUILDING
$5,130,000
Change: +87% · Conversion: Difficult
Blend value · Realmo final
$5.42M
Range $4.87M – $5.96M · ±10% · vs last sale $5.50M (Aug 31 2022)
Last sale anchor
$5.50M
Aug 31 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
$298 / 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
$117
Tax year 2023
Assessed value
$278,700
Assessed 2023
Previous assessed
$335,874
-17.0% YoY
Effective rate
0.04%
On assessed value
Assessed land
$1,661
Assessed improvement
$277,039
Land market value
$4,747
Improvement market value
$791,541
Total market value
$796,288
Applied tax rate
1,002.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
METAL FRAME
Heating
SPACE
Stories
1
Units
1
Total area
18,150 SF
Lot
4.75 ac (206,779 SF)
Zoning code
MU
APN
008-211-50
UPID
US62-1263029
Jurisdiction
WASHOE
Zoning & alternative use
MU · Reno, NV
Zoning MU · permitted uses
MU · 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
RESTAURANT
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
OFFICE BUILDING
Est. value
$5.1M
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
1999
Construction
METAL FRAME
Heating
SPACE
Stories
1
Units
1
Lot
4.75 ac
Current owner
From public records · entity-resolved
Washoe County
Entity
Free & Clear · 3 yrs held
Mailing address
1001 E 9TH ST, RENO, NV 89512-2845
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
—
Washoe County
Housing Authority Of City Of Reno
Bargain And Sale 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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