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Property profile & analytics
FOR LEASE
Warehouses
2400 Tampa St Reno, NV 89512
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1026621
For Lease
$10.20 SF/Yr
2400 Tampa St, Reno, NV 89512
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
WOOD
Total area
62,670 SF
Lot
2.57 ac (111,949 SF)
Zoning code
ME
APN
004-130-53
UPID
US62-1026621
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
-
Swift Sportsdome - University Gym & Fitness Center Sports Field & Court
-
World Cup Soccer Camps Sports School Sports Field & Court
-
PaverCrafters West Ltd. General Contractor
-
American Solutions for Business - Northern Nevada Marketing & Advertising
-
GoodHeart Music Studio High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.49M
Owner & transaction history
Bayside Mountain View LLC · 4 yrs held
Bayside Mountain View LLC
since 2021
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
ME · 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
$1,455,000
ML approach
$1,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.35M (Sep 1 2021)
Last sale anchor
$1.35M
Sep 1 2021
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
$24 / 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
$15,179
Tax year 2023
Assessed value
$462,151
Assessed 2023
Previous assessed
$395,446
+16.9% YoY
Effective rate
3.28%
On assessed value
Assessed land
$195,911
Assessed improvement
$266,240
Land market value
$559,745
Improvement market value
$760,686
Total market value
$1,320,431
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1950
Construction
WOOD
Heating
SPACE
Stories
1
Units
1
Total area
62,670 SF
Lot
2.57 ac (111,949 SF)
Zoning code
ME
APN
004-130-53
UPID
US62-1026621
Jurisdiction
WASHOE
Zoning & alternative use
ME · Reno, NV
Zoning ME · permitted uses
ME · 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
1950
Construction
WOOD
Heating
SPACE
Stories
1
Units
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Bayside Mountain View LLC
Entity
Mailing address
3545 AIRWAY DR STE #113, RENO, NV 89511-1847
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2021
$1,353,005
Bayside Mountain View LLC
Yale Nevada
Bargain And Sale Deed
$1,000,000 · Bayco Invesment Co
Oct 22, 2009
—
Bayside Nevada LLC
Bayside Nevada LLC
Quit Claim Deed
related
—
Sep 9, 2009
—
Bayside Nevada LLC
Bascom Commerce Center
Grant Deed
—
Feb 15, 2008
$5,460,000
Bascom Commerce Center
Quantum Investments LLC
Grant Deed
—
Apr 11, 2005
$3,200,000
Quantum Investments
Tampa Properties INC
Grant Deed
—
—
—
Tampa Properties INC
—
Deed Of Trust
related
$1,000,000 · Sunwest 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.
Try Rey
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