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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Distribution centers
245 Vine St Reno, NV 89503-5242
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-1289529
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,880 SF
Lot
0.32 ac (14,000 SF)
Zoning code
MDNWQ
APN
011-011-14
UPID
US62-1289529
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
-
Burt Steven Social Service Agency Medical Clinic
-
Meggin Linquist Photography Photography Service (Bike/Boat/Book/etc) Store
-
The Stylish Scribe, LLC Event Planning Party Supply Store
-
Pure Water Systems of NV Home Appliance Store Hardware & Home Improvement
-
J Davis Construction Management Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Guidara,michael & Pamela F Trust · 6 yrs held
Guidara,michael & Pamela F Trust
since 2019
7 recorded transactions
Zoning & alternative use
MDNWQ · 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%
$1,250,000
6.5%
$1,150,000
7%
$1,070,000
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$90 / 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
$6,302
Tax year 2023
Assessed value
$200,658
Assessed 2023
Previous assessed
$164,907
+21.7% YoY
Effective rate
3.14%
On assessed value
Assessed land
$85,750
Assessed improvement
$114,908
Land market value
$245,000
Improvement market value
$328,309
Total market value
$573,309
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
10,880 SF
Lot
0.32 ac (14,000 SF)
Zoning code
MDNWQ
APN
011-011-14
UPID
US62-1289529
Jurisdiction
WASHOE
Zoning & alternative use
MDNWQ · Reno, NV
Zoning MDNWQ · permitted uses
MDNWQ · 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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Guidara,michael & Pamela F Trust
Trust
Mailing address
1055 MONTE VIS DR, RENO, NV 89511-9499
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
$1,000,000
Guidara,michael & Pamela F Trust
Sayer Properties LLC
Grant Deed
—
Jan 2, 2018
—
Sayer Properrties LLC
—
Deed
related
$383,648 · Umpqua Bank
Jun 6, 2003
$560,000
Sayer Properties LLC
K & M Associates INC
Grant Deed
$324,000 · Northern Nevada Bank
Apr 30, 2002
$488,000
K & M Associates INC
Fidelity Escrow & Collections
Grant Deed
$215,000 · Royce Capital Group
Oct 25, 2000
$275,000
Ronald L Tankersley
Tankersley,ronald L & Kathy
Grant Deed
related
—
Aug 26, 1994
$565,000
Ronald L Tankersley
Handke Trust
Grant Deed
$365,000 · First Western Bank
Aug 31, 1993
$450,000
Handke Trust
Saldausky,daryl
Grant Deed
$250,000 · Seller
—
—
Sayer Properties LLC
—
Deed Of Trust
related
$100,000 · Nevada Security 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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