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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2990 Ml St Reno, NV 89502-2105
Individually Owned
2-yr Hold
Free & Clear
Property ID
US62-0114952
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Construction
WOOD
Total area
3,008 SF
Lot
0.84 ac (36,473 SF)
Zoning code
ME
APN
013-321-37
UPID
US62-0114952
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
-
Quik Stop Grocery & Convenience Store
-
Western Union Bank Credit Union
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Regional Trans Commission Of Washoe · 2 yrs held
Regional Trans Commission Of Washoe
since 2024
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,371
Tax year 2023
Assessed value
$445,708
Assessed 2023
Previous assessed
$445,708
+0.0% YoY
Effective rate
3.45%
On assessed value
Assessed land
$154,463
Assessed improvement
$291,245
Land market value
$441,323
Improvement market value
$832,129
Total market value
$1,273,452
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
3,008 SF
Lot
0.84 ac (36,473 SF)
Zoning code
ME
APN
013-321-37
UPID
US62-0114952
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
2001
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Regional Trans Commission Of Washoe
Individual
Free & Clear · 2 yrs held
Mailing address
1105 TERMINAL WAY STE #108, RENO, NV 89502-2162
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
—
Regional Trans Commission Of Washoe
J & O Nevada LLC
Bargain And Sale Deed
—
Feb 18, 2021
—
J & O Nevada LLC
—
Deed
related
$949,000 · Heritage Bank Of Nevada
Mar 1, 2018
—
J & O Nevada LLC
—
Deed
related
$949,000 · Heritage Bk/nv
Mar 12, 2013
—
J & O Nevada LLC
Omara J R & B C Trust
Grant Deed
—
Jan 13, 2012
—
James D Bailey JR.
Putney,thomas R
Grant Deed
—
Jan 9, 2004
—
Omara John R & B C Trust
Omara John R & Barbara C
Quit Claim Deed
related
—
Oct 11, 2001
$1,190,000
John R O'mara
Dillon Real Estates Co INC
Grant Deed
—
Oct 30, 2000
$590,000
Dillon Real Estate Co INC
Omara Trust
Trustees Deed
—
Oct 30, 2000
$380,000
Omara Trust
Garrett,donny & Lynn L
Trustees Deed
—
May 14, 1999
$265,000
Donny Garrett
Three L S Building Co
Grant Deed
$200,000 · Seller
Oct 14, 1994
—
Three L S Building Co
Chevron U S A INC
Grant Deed
related
—
—
—
Devi Properties LLC
—
Deed Of Trust
related
$1,500,000 · Allred Mai T Trust
—
—
Omara John R & B C Trust
—
Deed Of Trust
related
—
—
—
Johnson Trust
—
Deed Of Trust
related
$1,150,000 · Nevada State Bank
—
—
J & O Nevada LLC
—
Deed Of Trust
related
$949,000 · Heritage Bk/nv
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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