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Property profile & analytics
OFF-MARKET
Turn key restaurants
375 Main St Gerlach, NV 89412
Entity Owned
Free & Clear
Property ID
US62-0397559
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
WOOD
Total area
4,704 SF
Lot
0.26 ac (11,282 SF)
Zoning code
GC
APN
071-265-03
UPID
US62-0397559
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) 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
by Request
Owner & transaction history
Tmith Properties Holdings LLC
Tmith Properties Holdings LLC
since 2026
6 recorded transactions
Zoning & alternative use
GC · Gerlach, 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 Gerlach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gerlach 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
—
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
$1,157
Tax year 2023
Assessed value
$46,449
Assessed 2023
Previous assessed
$39,845
+16.6% YoY
Effective rate
2.49%
On assessed value
Assessed land
$9,872
Assessed improvement
$36,577
Land market value
$28,205
Improvement market value
$104,507
Total market value
$132,712
Applied tax rate
9,601.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Total area
4,704 SF
Lot
0.26 ac (11,282 SF)
Zoning code
GC
APN
071-265-03
UPID
US62-0397559
Jurisdiction
WASHOE
Zoning & alternative use
GC · Gerlach, NVZoning GC · permitted uses
GC · Gerlach, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Tmith Properties Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
660 ALABAMA ST STE #4, SAN FRANCISCO, CA 94110-2190
Ownership since
2026
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
Feb 27, 2026
—
Tmith Properties Holdings LLC
Black Rock City LLC
Bargain & Sale Deed
—
Jan 9, 2014
—
Black Rock City Properties LLC
Black Rock City LLC
Quit Claim Deed
—
Sep 27, 2004
$75,000
Black Rock City LLC
Grant Gloria J Trust
Grant Deed
$56,250 · Grant Gloria J Trust
Feb 3, 2003
$57,380
Grant,tr
Grant,g
Grant Deed
related
—
Apr 27, 1995
$20,000
Normand J Cormier
Selmi Trust
Grant Deed
—
Feb 14, 1994
$15,000
Gloria J Grant
Cormier,norman J
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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