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Property profile & analytics
OFF-MARKET
Estimated value
$1,930,000
Warehouses
180 Gentry Way Reno, NV 89502-4207
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0374531
Property summary
AI-generated overview
This exceptional 0.65-acre commercial land parcel, located at 180 Gentry Way in Reno, Nevada (zip code 89502), presents a unique investment opportunity. The property boasts a total area of 28,314 square feet and is conveniently situated on Gentry Way. Its flat, level grade simplifies development, while the existing fence enhances security and provides defined boundaries. The property is zoned MU, offering a wide range of potential uses subject to city approvals. The central location within Reno provides excellent access to major transportation routes and amenities. Currently, the fenced yard is available for lease at a monthly rate of $6,000. The APN is 020-201-71. This property is perfect for businesses seeking a prime location for development or expansion. The single-tenant nature of the land provides flexibility for future development plans. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,424 SF
Lot
2.01 ac (87,686 SF)
Zoning code
MU
APN
020-201-71
UPID
US62-0374531
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
-
Brown-Milbery Inc Auto Repair Shop
-
A.C. Moate Industries, Inc. - Nevada General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.93M
Owner & transaction history
Bc Investments 3 LLC · 2 yrs held
Bc Investments 3 LLC
since 2024
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
MU · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+83.1%
Apartment house (5+ units)
$2.8M
+73.2%
Auto repair, garage
$2.7M
+67.9%
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
$1,930,000
ML approach
$1,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,605,000
Current use
MEDICAL BUILDING
$2,940,000
Change: +83% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,780,000
Change: +73% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,695,000
Change: +68% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,320,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±10% · vs last sale $1.93M (Apr 25 2024)
Last sale anchor
$1.93M
Apr 25 2024
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
$229 / 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
$9,164
Tax year 2023
Assessed value
$307,145
Assessed 2023
Previous assessed
$307,145
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$262,379
Assessed improvement
$44,766
Land market value
$749,655
Improvement market value
$127,902
Total market value
$877,557
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
8,424 SF
Lot
2.01 ac (87,686 SF)
Zoning code
MU
APN
020-201-71
UPID
US62-0374531
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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Bc Investments 3 LLC
Entity
Mailing address
2118 A ST SE, AUBURN, WA 98002-6806
Ownership since
2024
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
Apr 25, 2024
$1,930,000
Bc Investments 3 LLC
Cynthia Baker
Bargain And Sale Deed
$1,440,000 · Commencement Bank
Jan 31, 2024
—
Cynthia Baker
Russ Brown
Re-recorded Document
related
—
Feb 1, 2023
—
Cynthia Baker
Russ Brown
Intrafamily Transfer
related
—
Dec 22, 2022
—
David Morgan
David Morgan
Intrafamily Transfer
related
—
Sep 21, 2022
—
Cynthia Baker
David Morgan
Bargain And Sale Deed
—
Mar 24, 2022
—
David Morgan
David Morgan
Intrafamily Transfer
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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