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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Apartment buildings
50 Shepard St Winnemucca, NV 89445-3594
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0571378
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Construction
CONCRETE BLOCKS
Total area
5,568 SF
Lot
0.14 ac (6,098 SF)
Zoning code
R-3
APN
16-0062-10
UPID
US62-0571378
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
-
Sonoma Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$392k
Blend (final)
Blend
$590k
Owner & transaction history
Shepard Street Investors LLC · 4 yrs held
Shepard Street Investors LLC
since 2022
Last sale
$618,000
3 recorded transactions
Zoning & alternative use
R-3 · Winnemucca, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide for the development of multiple family residential structures, and for the establishment of professional offices, when said offices are deemed to be compatible with the existing and future development within the district and adjacent districts.
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
81.74 ac
Source
Realmo
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 Winnemucca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winnemucca 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
$560,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $618k (Mar 31 2022)
Last sale anchor
$618k
Mar 31 2022
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
$106 / 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
$2,732
Tax year 2023
Assessed value
$63,726
Assessed 2023
Previous assessed
$63,726
+0.0% YoY
Effective rate
4.29%
On assessed value
Assessed land
$7,875
Assessed improvement
$55,851
Land market value
$22,500
Improvement market value
$159,574
Total market value
$182,074
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1956
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
2
Units
8
Total area
5,568 SF
Lot
0.14 ac (6,098 SF)
Zoning code
R-3
APN
16-0062-10
UPID
US62-0571378
Jurisdiction
HUMBOLDT
Zoning & alternative use
R-3 · Winnemucca, NVZoning R-3 · permitted uses
R-3 · Winnemucca, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to provide for the development of multiple family residential structures, and for the establishment of professional offices, when said offices are deemed to be compatible with the existing and future development within the district and adjacent districts.
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
81.74 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
2
Units
8
Lot
0.14 ac
Current owner
From public records · entity-resolved
Shepard Street Investors LLC
Entity
Mailing address
2986 BLUE GROUSE DR, RENO, NV 89509-7061
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$618,000
Shepard Street Investors LLC
Coyn LLC
Bargain And Sale Deed
$432,600 · River Valley Community Bank
Jan 25, 2021
$460,000
Coyn LLC
Gary L Bengochea
Grant Deed
$368,000 · Echeverria Roy Family Trust
Oct 28, 2020
$460,000
Coyn LLC
Gary L Bengochea
Grant Deed
—
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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