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    Property profile & analytics

    475 Keystone Ave Reno, NV 89503-4302

    • Strip malls
    • 8,800 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Feb 01, 2022
    $370,142
    Location Intelligence
    Property ID
    US62-0447035
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sprinkle Donuts / Donut Shop / Bakery
    • Dotty's / Casino

    Property Details for 475 Keystone Ave

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.58 lot acres
    Property size
    8,800 SF
    Zone code
    MU
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    006-222-02
    APU
    622202

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $355,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $320,000
      Mixed-Use
      $370,000
      Hospitality
      $425,000
      Educational
      $325,000
      Residential Income
      $375,000
      Energy
      $385,000
      Income-Based Land
      $350,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.829
    Latitude
    39.5278
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,222
    $177,450
    $170,993
    $348,443
    -
    $507,000
    $488,551
    $995,551

    Comparable in this City

    • Value Estimation
      $1,160,000
      7,276 SF

      10310 Mccarran Blvd

      SHOPPING CENTER, STRIP CENTER • 7,276 SF
      10310 Mccarran Blvd, Reno, NV 89503-6854
      View Details
    • Value Estimation
      $885,000
      26,258 SF

      401 Vine St

      SHOPPING CENTER, STRIP CENTER • 26,258 SF
      401 Vine St, Reno, NV 89503-4330
      View Details
    • Value Estimation by Request
      10,844 SF

      925 5th St

      SHOPPING CENTER, STRIP CENTER • 10,844 SF
      925 5th St, Reno, NV 89503-4316
      View Details
    • Value Estimation
      $415,000
      6,414 SF

      400 5th St

      SHOPPING CENTER, STRIP CENTER • 6,414 SF
      400 5th St, Reno, NV 89503-4459
      View Details
    • Value Estimation
      $1,740,000
      17,875 SF

      10350 Mccarran Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 17,875 SF
      10350 Mccarran Blvd, Reno, NV 89503-6848
      View Details
    • Value Estimation
      $1,115,000
      17,732 SF

      10550 Mccarran Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 17,732 SF
      10550 Mccarran Blvd, Reno, NV 89503-1873
      View Details

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    475 Keystone Ave
    Reno, NV 89503-4302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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