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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Commercial land
455 Arlington Ave Reno, NV 89503-4709
Entity Owned
9-yr Hold
Free & Clear
Property ID
US62-1244537
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,800 SF
Lot
0.32 ac (13,983 SF)
Zoning code
MDED
APN
007-283-15
UPID
US62-1244537
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
$1.07M
Blend (final)
Blend
$1.68M
Owner & transaction history
437 & 455 N Arlington LLC · 9 yrs held
437 & 455 N Arlington LLC
since 2017
7 recorded transactions
Zoning & alternative use
MDED · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10%
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
$142 / 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
$3,448
Tax year 2023
Assessed value
$102,900
Assessed 2023
Previous assessed
$78,400
+31.3% YoY
Effective rate
3.35%
On assessed value
Assessed land
$102,900
Land market value
$294,000
Total market value
$294,000
Applied tax rate
1,001.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Total area
11,800 SF
Lot
0.32 ac (13,983 SF)
Zoning code
MDED
APN
007-283-15
UPID
US62-1244537
Jurisdiction
WASHOE
Zoning & alternative use
MDED · Reno, NV
Zoning MDED · permitted uses
MDED · 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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
437 & 455 N Arlington LLC
Entity
Free & Clear · 9 yrs held
Mailing address
12596 W BAYAUD AVE STE #100, LAKEWOOD, CO 80228-2035
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2019
—
437 & 455 N Arlington LLC
—
Deed
related
$35,000 · Wilmington Tr
Jul 28, 2017
—
437 & 455 N Arlington LLC
—
Grant Deed
related
$50,000,000 · Credit Suisse Ag Cayman Iss Br
May 30, 2017
$2,500,000
437 & 455 N Arlington LLC
435 N Arlington LLC
Grant Deed
—
Jul 26, 2006
$2,900,000
435 N Arlington LLC
Mary O'gara
Bargain And Sale Deed
$1,900,000 · First Independent Bank Of Nevada
Apr 14, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 12, 2006
—
Mary O'gara
Ogara,john
Affidavit Of Death
related
—
Jun 24, 2002
$616,000
Ogara Trust
Ogara,john
Grant Deed
related
—
—
—
437 & 455 N Arlington LLC
—
Loan Modification
related
$35,000 · Wilmington 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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