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Property profile & analytics
FOR LEASE
Bars & Pubs
410 California Ave, Reno, NV 89509
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-0317574
For Lease
1 / 12
$1.50 SF/Yr
410 California Ave, Reno, NV 89509
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Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,162 SF
Lot
0.11 ac (5,000 SF)
Zoning code
MDRD
APN
011-213-06
UPID
US62-0317574
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
-
Cavallera Henry Law Firm
-
Cashill Law Firm Law Firm
-
Ceol Irish Pub Bar & Pub Nightclub
-
Art of Wealth Management Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.10M
Owner & transaction history
Slainte Beatha LLC · 5 yrs held
Slainte Beatha LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
MDRD · 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
$1,130,000
ML approach
$1,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,705,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,670,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$1,455,000
Change: -15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,400,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.05M (Mar 17 2021)
Last sale anchor
$1.05M
Mar 17 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
$264 / 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
$4,470
Tax year 2023
Assessed value
$135,775
Assessed 2023
Previous assessed
$113,236
+19.9% YoY
Effective rate
3.29%
On assessed value
Assessed land
$45,019
Assessed improvement
$90,756
Land market value
$128,625
Improvement market value
$259,304
Total market value
$387,929
Applied tax rate
1,002.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
For Lease
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
4,162 SF
Lot
0.11 ac (5,000 SF)
Zoning code
MDRD
APN
011-213-06
UPID
US62-0317574
Jurisdiction
WASHOE
Zoning & alternative use
MDRD · Reno, NV
Zoning MDRD · permitted uses
MDRD · 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
RESTAURANT Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Slainte Beatha LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 10528, RENO, NV 89510-0528
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2022
—
Slainte Beatha LLC
—
Deed
related
$100,000 · Barker Property Group LLC
Mar 17, 2021
$1,050,000
Slainte Beatha LLC
Ramble On LLC
Bargain And Sale Deed
—
Nov 6, 2018
—
Ramble On LLC
—
Deed
related
$900,000 · Wagner Foundation
Jan 18, 2017
$675,000
Ramble On LLC
Wpc Realty LLC
Grant Deed
$700,000 · Wagner Foundation
Sep 15, 2016
—
Wpc Realty LLC
Cashill W P & J F Trust
Grant Deed
related
—
Sep 15, 2014
—
Fhc Realty LLC
Cavallera H W & F B Trust
Quit Claim Deed
related
—
May 22, 2007
—
Fhc Realty LLC
Cavallera H W & F B Fam Trust
Quit Claim Deed
related
—
Feb 9, 2007
—
Wpc Realty LLC
Cashill W P & J F Fam Trust
Quit Claim Deed
related
—
Dec 2, 1992
$285,000
William P Cashill
Unknown
Grant Deed
—
—
—
Ramble On LLC
—
Loan Modification
related
$900,000 · Wagner Foundation
—
—
William P Cashill
—
Deed Of Trust
related
$200,000 · Pioneer Citizens 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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