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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Industrial land
220 Gardner St Reno, NV 89503-5151
Entity Owned
11-yr Hold
Free & Clear
Property ID
US62-1299179
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1999
Total area
7,000 SF
Lot
0.17 ac (7,500 SF)
Zoning code
I
APN
010-045-14
UPID
US62-1299179
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
-
Level 3 Communications Data Center Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
C & D LLC · 11 yrs held
C & D LLC
since 2014
6 recorded transactions
Zoning & alternative use
I · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$84 / 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
$652
Tax year 2023
Assessed value
$20,187
Assessed 2023
Previous assessed
$17,258
+17.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$18,375
Assessed improvement
$1,812
Land market value
$52,500
Improvement market value
$5,177
Total market value
$57,677
Applied tax rate
1,000.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1999
Heating
YES
Cooling
YES
Stories
1
Total area
7,000 SF
Lot
0.17 ac (7,500 SF)
Zoning code
I
APN
010-045-14
UPID
US62-1299179
Jurisdiction
WASHOE
Zoning & alternative use
I · Reno, NV
Zoning I · permitted uses
I · 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
1999
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
C & D LLC
Entity
Free & Clear · 11 yrs held
Mailing address
555 LEVENTINA CYN RD, RENO, NV 89523-9552
Ownership since
2014
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
Dec 22, 2014
$92,500
C & D LLC
Cotton,richard A & Cynthia A
Grant Deed
—
Oct 11, 2006
$169,000
Richard A Cotton
Owner,record
Grant Deed
related
—
Jun 1, 2004
—
Colligan C J Trust
Colligan,c J
Quit Claim Deed
related
—
Apr 19, 2004
$600,000
Rizzoli,tr
Rizzoli Trash Hauling INC
Quit Claim Deed
—
Feb 17, 1995
$200,000
Rizzoli Trust
Christensen Trust
Grant Deed
$463,500 · Comstock Bank
Dec 20, 1988
$290,000
Ingvart Christensen
Unknown
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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