Back to Search
Property profile & analytics
OFF-MARKET
Day care centers
4800 Filbert Rd Reno, NV 89502-5881
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US62-0084733
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,828 SF
Lot
0.46 ac (19,981 SF)
Zoning code
MF30
APN
025-521-12
UPID
US62-0084733
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
-
Kids R Us High School Daycare Center
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
Hippity Hop Learning Center · 13 yrs held
Hippity Hop Learning Center
since 2013
7 recorded transactions
Zoning & alternative use
MF30 · 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
$6,656
Tax year 2023
Assessed value
$195,745
Assessed 2023
Previous assessed
$168,198
+16.4% YoY
Effective rate
3.40%
On assessed value
Assessed land
$61,192
Assessed improvement
$134,553
Land market value
$174,834
Improvement market value
$384,437
Total market value
$559,271
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,828 SF
Lot
0.46 ac (19,981 SF)
Zoning code
MF30
APN
025-521-12
UPID
US62-0084733
Jurisdiction
WASHOE
Zoning & alternative use
MF30 · Reno, NV
Zoning MF30 · permitted uses
MF30 · 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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Hippity Hop Learning Center
Individual
Mailing address
2640 LK RDG SHRS W, RENO, NV 89519-5780
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2021
—
Hippity Hop Learning Center
—
Deed
related
$300,000 · Plumas Bank
Sep 22, 2016
—
Hippity Hop Learning Center
—
Deed
related
$318,000 · Bank Of America
Mar 1, 2013
$450,000
Hippity Hop Learning Center
Chadwick,charles R JR
Grant Deed
$310,000 · Bank Of The West
Aug 5, 2011
—
Charles R Chadwick JR.
Chadwick,charles R JR
Quit Claim Deed
related
$320,000 · Bank Of The West
Feb 24, 2010
—
Charles R Chadwick JR.
Chadwick,debra L
Quit Claim Deed
related
—
Feb 24, 2010
$462,000
Charles R Chadwick JR
Patricia A Svare
Bargain And Sale Deed
$330,000 · Us Bank NA
Oct 14, 2008
—
Patricia A Svare
Svare,kurt E
Affidavit Of Death
related
—
Oct 31, 2001
$450,000
Kurt E Svare
Tang,ying C
Grant Deed
$373,000 · Us Bank NA
—
—
Hippity Hop Learning Center
—
Deed Of Trust
related
$318,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4800 Filbert Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
