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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Grocery and convenience stores
19575 Us Hwy 395th N Reno, NV 89508-8025
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0370932
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1979
Construction
METAL FRAME
Total area
2,401 SF
Lot
12.37 ac (538,837 SF)
Zoning code
TC
APN
081-140-16
UPID
US62-0370932
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
$665k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
C Diamond Infra LLC · 4 yrs held
C Diamond Infra LLC
since 2021
2 recorded transactions
Zoning & alternative use
TC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$965,000
+56.3%
Medical building
$840,000
+35.8%
Auto repair, garage
$810,000
+30.9%
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
by Request
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$435,000
Alternative Use
Use
Estimation
RETAIL STORES
$615,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: +56% · Conversion: Moderate
MEDICAL BUILDING
$840,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$810,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$273 / 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
$57,430
Tax year 2023
Assessed value
$2,054,459
Assessed 2023
Previous assessed
$1,521,637
+35.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$936,600
Assessed improvement
$1,117,859
Land market value
$2,676,000
Improvement market value
$3,193,884
Total market value
$5,869,884
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
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1979
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
3
Bathrooms
2
Total area
2,401 SF
Lot
12.37 ac (538,837 SF)
Zoning code
TC
APN
081-140-16
UPID
US62-0370932
Jurisdiction
WASHOE
Zoning & alternative use
TC · Reno, NV
Zoning TC · permitted uses
TC · 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
RETAIL STORES Current
Est. value
$615,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
MEDICAL BUILDING
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$810,000
OFFICE BUILDING
Est. value
$635,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1979
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Units
3
Bathrooms
2
Lot
12.37 ac
Current owner
From public records · entity-resolved
C Diamond Infra LLC
Entity
Mailing address
19575 US HWY 395TH N, RENO, NV 89508-8025
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
—
C Diamond Infra LLC
—
Deed
related
$665,000,000 · Deutsche Bank Trust Co Americas
—
—
Joe E Gardner
—
Deed Of Trust
related
$850,000 · Us Bank
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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