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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Warehouses
4893 Virginia St Reno, NV 89506
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0090856
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
METAL FRAME
Total area
6,930 SF
Lot
0.36 ac (15,846 SF)
Zoning code
MS
APN
082-534-60
UPID
US62-0090856
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
-
Peavine Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$540k
Owner & transaction history
Merry Wink Investments LLC · 9 yrs held
Merry Wink Investments LLC
since 2017
7 recorded transactions
Zoning & alternative use
MS · 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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$78 / 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
$1,864
Tax year 2023
Assessed value
$52,340
Assessed 2023
Previous assessed
$47,107
+11.1% YoY
Effective rate
3.56%
On assessed value
Assessed land
$16,638
Assessed improvement
$35,702
Land market value
$47,538
Improvement market value
$102,006
Total market value
$149,544
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
6,930 SF
Lot
0.36 ac (15,846 SF)
Zoning code
MS
APN
082-534-60
UPID
US62-0090856
Jurisdiction
WASHOE
Zoning & alternative use
MS · Reno, NV
Zoning MS · permitted uses
MS · 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
1977
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Merry Wink Investments LLC
Entity
Mailing address
2370 DEL MONTE LN, RENO, NV 89511-7510
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
Mar 30, 2017
$120,000
Merry Wink Investments LLC
Kv LLC
Grant Deed
$75,000 · Kitts Donald H & J R Tr (pt)
Feb 7, 2005
$680,000
Kv LLC
D & R Properties LLC
Grant Deed
$460,000 · Nevada State Bank
Dec 5, 2002
$400,000
Rod Snaders
Sanders,julianne B
Grant Deed
—
Jul 3, 2001
—
Louis V Rinaldi
Rinaldi,anne M
Quit Claim Deed
related
$220,000 · Erickson Thorpe Swainston & Co
Dec 8, 1999
—
Louis V Rinaldi
Rinaldi,louis V
Quit Claim Deed
related
$160,000 · Cobb Trust
—
—
Louis Rinaldi
—
Deed Of Trust
related
$10,000 · Western Thrift & Loan
—
—
Louis Rinaldi
—
Deed Of Trust
related
$182,155 · Bank Of America Nevada
—
—
Kv LLC
—
Deed Of Trust
related
$175,000 · Randall J & Sherry L Goldman
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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