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Property profile & analytics
OFF-MARKET
Flex space
3800 Virginia St Reno, NV 89506-7829
Individually Owned
Free & Clear
Property ID
US62-0385320
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1965
Construction
METAL FRAME
Total area
1,680 SF
Lot
1.39 ac (60,723 SF)
Zoning code
MS
APN
003-061-12
UPID
US62-0385320
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
-
Manhattan Deli Food Market Restaurant
-
Atlantis Casino Resort Spa Hotel & Motel Resort
-
Sports Bar and Lounge at the Atlantis Hotel & Motel
-
Oyster & Sushi Bar on the Sky Terrace Restaurant
-
ChargePoint Charging Station Electric Vehicle Charging Station
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
G Archie L L C
G Archie L L C
since 2025
5 recorded transactions
Zoning & alternative use
MS · 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
—
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
$5,196
Tax year 2023
Assessed value
$167,771
Assessed 2023
Previous assessed
$135,334
+24.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$105,201
Assessed improvement
$62,570
Land market value
$300,574
Improvement market value
$178,771
Total market value
$479,345
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1965
Construction
METAL FRAME
Heating
SPACE
Buildings
3
Stories
1
Units
3
Total area
1,680 SF
Lot
1.39 ac (60,723 SF)
Zoning code
MS
APN
003-061-12
UPID
US62-0385320
Jurisdiction
WASHOE
Zoning & alternative use
MS · Reno, NV
Zoning MS · permitted uses
MS · 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
1965
Construction
METAL FRAME
Heating
SPACE
Stories
1
Buildings
3
Units
3
Lot
1.39 ac
Current owner
From public records · entity-resolved
G Archie L L C
Individual
Free & Clear · 0 yrs held
Mailing address
3800 LONE TREE LN, RENO, NV 89511-7674
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
$1,800,000
G Archie L L C
Douglass Properties LLC
Bargain & Sale Deed
—
Sep 3, 2020
—
Golden Road Motor Inn INC
—
Deed
related
$280,000,000 · Wells Fargo Bk
Feb 16, 2018
—
Douglass Properties LLC
Douglass Patrick & A Trust
Quit Claim Deed
related
—
Aug 19, 2016
—
Golden Road Motor Inn INC
—
Deed
related
$110,000,000 · Wells Fargo Bk
Jul 20, 2016
—
Golden Road Motor Inn INC
—
Deed
related
$460,000,000 · Wells Fargo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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