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Property profile & analytics
FOR SALE
Bowling alleys
3390 S Virginia St, Reno, NV 89502
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US62-0439743
For Sale
1 / 7
$5,000,000
3390 S Virginia St, Reno, NV 89502
View Listing →
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,814 SF
Lot
1.67 ac (72,745 SF)
Zoning code
MU
APN
020-201-64
UPID
US62-0439743
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
-
High Sierra Lanes Bowling Alley
-
GIT-R-SMOKED Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$864k
Blend (final)
Blend
$825k
Owner & transaction history
Rudy Moreno · 28 yrs held
Rudy Moreno
since 1997
7 recorded transactions
Zoning & alternative use
MU · 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
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$35 / 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
$18,120
Tax year 2023
Assessed value
$670,856
Assessed 2023
Previous assessed
$546,206
+22.8% YoY
Effective rate
2.70%
On assessed value
Assessed land
$411,191
Assessed improvement
$259,665
Land market value
$1,174,832
Improvement market value
$741,899
Total market value
$1,916,731
Applied tax rate
1,002.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
For Sale
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
REFRIGERATION WALL UNIT
Stories
1
Units
1
Total area
23,814 SF
Lot
1.67 ac (72,745 SF)
Zoning code
MU
APN
020-201-64
UPID
US62-0439743
Jurisdiction
WASHOE
Zoning & alternative use
MU · Reno, NV
Zoning MU · permitted uses
MU · 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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Rudy Moreno
Individual
Mailing address
3390 S VIRGINIA ST, RENO, NV 89502-4502
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
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
Jun 20, 2016
—
Rudy Moreno
—
Deed
related
$1,978,500 · Bank Of America
Apr 29, 1999
—
Moreno,rudy & Sherry
—
Grant Deed
related
$84,500 · Commerce Loan Co
Aug 18, 1997
$800,000
Rudy Moreno
Curti Trust
Grant Deed
$750,000 · Seller
Dec 24, 1996
$641,881
Curti Trust
Pederson,tom W
Trustees Deed
—
Jan 4, 1996
—
Bo H Larsson
Joseph A Johnson Estate
Grant Deed
related
—
Dec 6, 1990
$723,000
Joseph A Johnson
Unknown
Grant Deed
—
—
—
Rudy Moreno
—
Deed Of Trust
related
$1,295,500 · Commerce Loan Co
—
—
Rudy Moreno
—
Deed Of Trust
related
$1,978,500 · Bank Of America
—
—
Rudy Moreno
—
Deed Of Trust
related
$1,285,000 · Bank Of The West
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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