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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Individual retail properties
3614 Lakeside Dr, Reno, NV 89509-5284
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0289198
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1988
Construction
WOOD
Total area
4,960 SF
Lot
0.17 ac (7,330 SF)
Zoning code
PO
APN
024-281-05
UPID
US62-0289198
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
-
Series Pilates Gym & Fitness Center
-
Sierra Nevada Cosmetic and Laser Surgery: Dr. Kyle Yamamoto Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
Yamamoto Investments LLC · 5 yrs held
Yamamoto Investments LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
PO · 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
$1,290,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,050,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$800,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10% · vs last sale $1.20M (May 25 2021)
Last sale anchor
$1.20M
May 25 2021
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
$255 / 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
$9,791
Tax year 2023
Assessed value
$294,363
Assessed 2023
Previous assessed
$247,526
+18.9% YoY
Effective rate
3.33%
On assessed value
Assessed land
$37,713
Assessed improvement
$256,650
Land market value
$107,751
Improvement market value
$733,285
Total market value
$841,036
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
4,960 SF
Lot
0.17 ac (7,330 SF)
Zoning code
PO
APN
024-281-05
UPID
US62-0289198
Jurisdiction
WASHOE
Zoning & alternative use
PO · Reno, NV
Zoning PO · permitted uses
PO · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Yamamoto Investments LLC
Entity
Mailing address
3614 LAKESIDE DR, RENO, NV 89509-5284
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
May 25, 2021
$1,200,000
Yamamoto Investments LLC
Daytwa Assets LLC
Bargain And Sale Deed
$186,000 · Us Bank NA
Apr 24, 2014
—
Daytwa Assets LLC
Udvare Trust
Grant Deed
related
—
Jun 2, 2010
—
Udvare Trust
Daytwa Assets LLC
Grant Deed
—
Apr 30, 2010
$325,000
Daytwa Assets LLC
Sweeney Investments LLC
Grant Deed
—
Apr 9, 2004
$483,650
Sweeney Investments LLC
Sweeney,timothy M & Kathleen M
Grant Deed
related
—
Apr 7, 2004
$483,650
Sweeney,tr
Sweeney,timothy M & Kathleen M
Grant Deed
related
—
Nov 25, 2003
$462,710
Sweeney,tr
Sweeney,timothy M & Kathleen M
Grant Deed
related
—
—
—
Daytwa Assets LLC
—
Deed Of Trust
related
$337,000 · Hamilton Branch Investments LP
—
—
Kathleen M Sweeney
—
Deed Of Trust
related
$235,000 · Wells Fargo Bank Nevada
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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