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Property profile & analytics
FOR LEASE
Outlet malls
4811 Kietzke Ln Reno, NV 89509
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-1247180
For Lease
1 / 3
$46,375,000
4811 Kietzke Ln, Reno, NV 89509
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
43,476 SF
Lot
12.16 ac (529,733 SF)
Zoning code
MU
APN
024-055-37
UPID
US62-1247180
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
$46.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$46.38M
Owner & transaction history
B33 Firecreek Crossing III LLC · 1 yrs held
B33 Firecreek Crossing III LLC
since 2024
Last sale
$46.4M
7 recorded transactions
Zoning & alternative use
MU · 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
$46,375,000
ML approach
$46,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$46.38M
Range $41.74M – $51.01M · ±10% · vs last sale $46.38M (Nov 15 2024)
Last sale anchor
$46.38M
Nov 15 2024
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
$1,067 / 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
$102,778
Tax year 2023
Assessed value
$3,153,622
Assessed 2023
Previous assessed
$2,756,883
+14.4% YoY
Effective rate
3.26%
On assessed value
Assessed land
$2,039,472
Assessed improvement
$1,114,150
Land market value
$5,827,063
Improvement market value
$3,183,285
Total market value
$9,010,348
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
43,476 SF
Lot
12.16 ac (529,733 SF)
Zoning code
MU
APN
024-055-37
UPID
US62-1247180
Jurisdiction
WASHOE
Zoning & alternative use
MU · Reno, NV
Zoning MU · permitted uses
MU · 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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
12.16 ac
Current owner
From public records · entity-resolved
B33 Firecreek Crossing III LLC
Entity
Mailing address
18565 JAMBOREE RD STE #200, IRVINE, CA 92612-2561
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$46,375,000
B33 Firecreek Crossing III LLC
Scgif II Firecreek Owner LLC
Bargain & Sale Deed
$35,000,000 · Wells Fargo Bank NA
Jan 16, 2024
—
Scgif II Fire Creek Owner LLC
Smythe Firecreek Owner LLC
Bargain And Sale Deed
—
Dec 19, 2016
$10,700,000
Scgif II-firecreek Owner LLC
Scgif II-firecreek Owner LLC
Grant Deed
related
—
Jul 13, 2016
$48,490,000
Scgif II-firecreek Owner LLC
Firecreek Crossing Of Reno LLC
Grant Deed
related
$39,300,000 · Private Individual
Feb 5, 2013
—
Apple Nevada LLC
—
Loan Modification
related
$488,386,996 · Bank Of America
May 10, 2011
—
Apple Nevada LLC
—
Deed Of Trust
related
$320,000,000 · Bank Of America
Feb 2, 2010
—
Apple Nevada LLC
—
Deed Of Trust
related
$160,000,000 · Bank Of America
Oct 20, 2005
$66,000,000
Firecreek Crossing Of Reno LLC
Pacific Firecreek Holdings LLC
Grant Deed
—
Nov 12, 2003
—
Pacific Firecreek Holdings LLC
—
Deed Of Trust
related
$45,000,000 · Bank Of America
Nov 4, 2003
$57,780,000
Pacific Firecreek Holdings LLC
Firecreek LLC
Grant Deed
related
$45,000,000 · Bank Of America
Sep 21, 2000
—
Firecreek LLC
—
Grant Deed
related
$24,000,000 · Bank Of America
—
—
Apple Nevada LLC
—
Deed Of Trust
related
$205,450,911 · 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.
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