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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Auto shops
3411 Virginia St Reno, NV 89502-4503
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-0463826
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Construction
METAL FRAME
Total area
7,525 SF
Lot
1.34 ac (58,240 SF)
Zoning code
MU
APN
019-373-16
UPID
US62-0463826
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
-
U-Haul Trailer Hitches Auto Parts Store
-
U-Haul Moving & Storage at Virginia St Car Rental Facility
-
U-Box at U-Haul Moving Company Storage Facility
-
Trailer Rental at U-Haul Car Rental Facility
-
Moving Supplies at U-Haul Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$995k
Owner & transaction history
City Of Reno · 4 yrs held
City Of Reno
since 2022
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$132 / 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
$15,996
Tax year 2023
Assessed value
$510,621
Assessed 2023
Previous assessed
$430,067
+18.7% YoY
Effective rate
3.13%
On assessed value
Assessed land
$368,064
Assessed improvement
$142,557
Land market value
$1,051,611
Improvement market value
$407,306
Total market value
$1,458,917
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
7,525 SF
Lot
1.34 ac (58,240 SF)
Zoning code
MU
APN
019-373-16
UPID
US62-0463826
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
1985
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
City Of Reno
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 29046, PHOENIX, AZ 85038-9046
Ownership since
2022
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
Mar 28, 2022
—
City Of Reno
Regional Trans Commission Of Washoe
Quit Claim Deed
related
—
Sep 17, 2021
—
Amerco Real Estate Company
—
Deed
related
$115,000,000 · Midfirst Bank
Aug 17, 2017
—
Amerco Real Estate Co
—
Loan Modification
related
$115,000,000 · Midfirst Bk
Oct 20, 2016
—
Amerco Bela Estate Co
—
Deed
related
$115,000 · Midfirst Bank
Apr 6, 2004
—
Amerco Real Estate Co
—
Deed Of Trust
related
$550,000,000 · Wells Fargo Foothill INC
—
—
Amerco Real Estate Co
—
Deed Of Trust
related
$100,000,000 · Midfirst Bank State Savings Bk
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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