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Property profile & analytics
OFF-MARKET
Estimated value
$3,365,000
Industrial properties
250 Burge Rd Reno, NV 89506-9071
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US62-0361876
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1983
Construction
METAL FRAME
Total area
27,650 SF
Lot
1.6 ac (69,740 SF)
Zoning code
I
APN
003-102-25
UPID
US62-0361876
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
-
Emerald Textiles (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$3.31M
Blend (final)
Blend
$3.37M
Owner & transaction history
Anderson Frank & Mack LLC · 21 yrs held
Anderson Frank & Mack LLC
since 2005
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%
$2,610,000
6.5%
$2,410,000
7%
$2,240,000
Blend value · Realmo final
$3.37M
Range $3.03M – $3.70M · ±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
$122 / 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
$35,899
Tax year 2023
Assessed value
$1,067,098
Assessed 2023
Previous assessed
$890,631
+19.8% YoY
Effective rate
3.36%
On assessed value
Assessed land
$87,876
Assessed improvement
$979,222
Land market value
$251,075
Improvement market value
$2,797,777
Total market value
$3,048,852
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 properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1983
Construction
METAL FRAME
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
27,650 SF
Lot
1.6 ac (69,740 SF)
Zoning code
I
APN
003-102-25
UPID
US62-0361876
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
1983
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Anderson Frank & Mack LLC
Entity
Mailing address
450 COUNTRY CLB RD STE #130, EUGENE, OR 97401-6087
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Jun 9, 2022
—
Emerald Textiles Services Reno LLC
—
Deed
related
—
Dec 21, 2018
—
Associated Laundry Mgmt LLC
—
Deed
related
—
Mar 16, 2005
$775,000
Anderson Frank & Mack LLC
St Marys Health Care Corp
Grant Deed
$620,000 · Columbia State Bank
—
—
Associated Laundry Mgmt LLC
—
Deed Of Trust
related
—
—
—
Anderson Frank & Mack LLC
—
Deed Of Trust
related
$884,000 · Nevada State Development Corp
—
—
Anderson Frank & Mack LLC
—
Deed Of Trust
related
$875,000 · Columbia State 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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