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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
3505 Construction Way Winnemucca, NV 89445-3694
Entity Owned
10-yr Hold
Free & Clear
Property ID
US62-0574147
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1995
Construction
FRAME
Total area
8,556 SF
Lot
3.39 ac (147,668 SF)
Zoning code
M-1
APN
15-0331-06
UPID
US62-0574147
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
-
Public Safety Department Department Of Transportation
-
Nevada Highway Patrol Police Department
-
Nevada Motor Vehicles Department Of Motor Vehicles
-
Nevada Department of Motor Vehicles Department Of Motor Vehicles Government Office
-
DPS Investigation Division State Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Buckingham Holdings LLC · 10 yrs held
Buckingham Holdings LLC
since 2016
4 recorded transactions
Zoning & alternative use
M-1 · Winnemucca, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for the establishment and promotion of areas where production processes which should be more controlled due to the nature of the activity or scale of the operation may be located and to ensure compatibility with similar uses.
Zone name
Industrial Estates District
General category
INDUSTRIAL
Zone area
268.48 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$740,000
+31.1%
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 Winnemucca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winnemucca 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$565,000
Current use
COMMERCIAL (GENERAL)
$740,000
Change: +31% · Conversion: Easy
INDUSTRIAL (GENERAL)
$560,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$63 / 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
$15,961
Tax year 2023
Assessed value
$510,921
Assessed 2023
Previous assessed
$510,921
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$113,050
Assessed improvement
$397,871
Land market value
$323,000
Improvement market value
$1,136,774
Total market value
$1,459,774
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1995
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
8,556 SF
Lot
3.39 ac (147,668 SF)
Zoning code
M-1
APN
15-0331-06
UPID
US62-0574147
Jurisdiction
HUMBOLDT
Zoning & alternative use
M-1 · Winnemucca, NVZoning M-1 · permitted uses
M-1 · Winnemucca, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for the establishment and promotion of areas where production processes which should be more controlled due to the nature of the activity or scale of the operation may be located and to ensure compatibility with similar uses.
Zone name
Industrial Estates District
General category
INDUSTRIAL
Zone area
268.48 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$740,000
INDUSTRIAL (GENERAL)
Est. value
$560,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
3.39 ac
Current owner
From public records · entity-resolved
Buckingham Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 10, PARADISE VALLEY, NV 89426-0010
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2016
—
Buckingham Holdings LLC
Buckingham Kenneth R Trust
Quit Claim Deed
related
—
Mar 5, 2012
$2,200,000
Buckingham,kenneth R Trust
Turner Property Dev II LLC
Grant Deed
—
Apr 12, 2011
—
Turner Property Dev II LLC
Turner,tom & Kathleen B
Quit Claim Deed
related
—
Mar 28, 2008
$1,100,000
Thomas N Turner
Tg Sheppard 1995 Family
Grant Deed
—
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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