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Property profile & analytics
FOR LEASE
Industrial properties
3010 Airway Dr Reno, NV 89502
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0215098
For Lease
1 / 2
$38,210,000
3010 Airway Dr, Reno, NV 89502
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2023
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
438,575 SF
Lot
52.71 ac (2,296,048 SF)
Zoning code
MA
APN
025-385-06
UPID
US62-0215098
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$38.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.21M
Owner & transaction history
Tcd Airway LLC · 2 yrs held
Tcd Airway LLC
since 2023
3 recorded transactions
Zoning & alternative use
MA · 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%
$41,440,000
6.5%
$38,250,000
7%
$35,520,000
Blend value · Realmo final
$38.21M
Range $34.39M – $42.03M · ±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
$87 / 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
$650
Tax year 2023
Assessed value
$6,798,351
Assessed 2023
Effective rate
0.01%
On assessed value
Assessed land
$5,223,507
Assessed improvement
$1,574,844
Land market value
$14,924,306
Improvement market value
$4,499,553
Total market value
$19,423,859
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
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2023
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
4
Stories
1
Units
4
Total area
438,575 SF
Lot
52.71 ac (2,296,048 SF)
Zoning code
MA
APN
025-385-06
UPID
US62-0215098
Jurisdiction
WASHOE
Zoning & alternative use
MA · Reno, NV
Zoning MA · permitted uses
MA · 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
2023
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
4
Units
4
Lot
52.71 ac
Current owner
From public records · entity-resolved
Tcd Airway LLC
Entity
Free & Clear · 2 yrs held
Mailing address
550 W PLUMB LN, RENO, NV 89509-3468
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Pr Tdc Airway Owner LLC
—
Deed
related
$113,907,883 · Bredif Wf Seller LLC
Aug 28, 2023
—
Tcd Airway LLC
Reno Tahoe Airport Authority
Ground Lease
related
—
Oct 13, 2022
—
Tdc Airway LLC
Reno Tahoe Airport Authority
Ground Lease
related
$106,500,000 · Cmtg Lender 85 LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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