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Property profile & analytics
OFF-MARKET
Industrial properties
450 Industrial Way Lovelock, NV 89419-5471
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0654881
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2003
Construction
STEEL FRAME
Total area
2,400 SF
Lot
1.38 ac (60,113 SF)
Zoning code
I
APN
001-281-01
UPID
US62-0654881
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
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
Hunjan LLC · 9 yrs held
Hunjan LLC
since 2016
3 recorded transactions
Zoning & alternative use
I · Lovelock, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I district designates areas for high intensity activities such as manufacturing, warehousing, mining, and construction, The Industrial designation creates environments which allows for industrial operations with minimal impact on the surrounding land uses and environment
Zone name
Industrial
General category
INDUSTRIAL
Zone area
7.48 ac
Source
Realmo
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 Lovelock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lovelock 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
$1,948
Tax year 2023
Assessed value
$47,136
Assessed 2023
Previous assessed
$41,408
+13.8% YoY
Effective rate
4.13%
On assessed value
Assessed land
$12,624
Assessed improvement
$34,512
Land market value
$36,068
Improvement market value
$98,606
Total market value
$134,674
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
1.38 ac (60,113 SF)
Zoning code
I
APN
001-281-01
UPID
US62-0654881
Jurisdiction
PERSHING
Zoning & alternative use
I · Lovelock, NVZoning I · permitted uses
I · Lovelock, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I district designates areas for high intensity activities such as manufacturing, warehousing, mining, and construction, The Industrial designation creates environments which allows for industrial operations with minimal impact on the surrounding land uses and environment
Zone name
Industrial
General category
INDUSTRIAL
Zone area
7.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Hunjan LLC
Entity
Mailing address
8956 E VLY DR, ELK GROVE, CA 95624-1323
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2016
$75,000
Hunjan LLC
Ssm Trust
Grant Deed
$67,500 · Ssm Trust (ct)
May 5, 2010
$180,000
Ssm Trust
Allied Foreclosure Services
Trustees Deed
related
—
—
—
Michael Mcguinness
—
Deed Of Trust
related
$160,000 · Ssm Trust (tr)
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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