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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Golf courses & driving ranges
2905 Arrowcreek Pkwy Reno, NV 89511-5324
Entity Owned
8-yr Hold
Free & Clear
Property ID
US62-0680394
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1999
Construction
WOOD
Total area
11,842 SF
Lot
149.07 ac (6,493,315 SF)
Zoning code
PR
APN
152-021-03
UPID
US62-0680394
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
-
The Club at ArrowCreek Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$515k
Owner & transaction history
Lucky Star Golf LLC · 8 yrs held
Lucky Star Golf LLC
since 2018
7 recorded transactions
Zoning & alternative use
PR · 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$43 / 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
$8,774
Tax year 2023
Assessed value
$493,869
Assessed 2023
Previous assessed
$493,870
0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$243,231
Assessed improvement
$250,638
Land market value
$694,946
Improvement market value
$716,109
Total market value
$1,411,055
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
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
11,842 SF
Lot
149.07 ac (6,493,315 SF)
Zoning code
PR
APN
152-021-03
UPID
US62-0680394
Jurisdiction
WASHOE
Zoning & alternative use
PR · Reno, NV
Zoning PR · permitted uses
PR · 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
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
149.07 ac
Current owner
From public records · entity-resolved
Lucky Star Golf LLC
Entity
Free & Clear · 8 yrs held
Mailing address
401 QUAY CMNS PH #1801, SARASOTA, FL 34236-1465
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
Vb S1 Assets LLC
—
Deed
related
$487,169 · Deutsche Bank Trust Co Americas
Jul 3, 2018
$4,973,000
Lucky Star Golf LLC
Friends Of Arrowcreek LLC
Grant Deed
—
Oct 16, 2014
—
Friends Of Arrowcreek LLC
Aspen Sierra Leasing Co Ltd
Grant Deed
—
Jun 18, 2013
—
Robert Ghisletta
Tax Receiver Of Washoe County
Tax Deed
related
—
Oct 3, 2008
$7,000,000
Aspen Sierra Leasing Co Ltd
Arrowcreek Golf Holdings LLC
Grant Deed
—
Apr 24, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 19, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Friends Of Arrowcreek LLC
—
Deed Of Trust
related
$1,500,000 · Rwc Family Trust (pt)
—
—
Aspen Sierra Leasing Co Ltd
—
Deed Of Trust
related
$650,000 · Lighthouse 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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