New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
50 Sierra St Ste 802 Reno, NV 89501-2269
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0216525
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
FRAME
Total area
880 SF
Lot
0.02 ac (880 SF)
Zoning code
MDRD
APN
011-528-02
UPID
US62-0216525
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vincent C Affinito · 4 yrs held
Vincent C Affinito
since 2022
Last sale
$465,000
5 recorded transactions
Zoning & alternative use
MDRD · 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
$3,353
Tax year 2023
Assessed value
$152,790
Assessed 2023
Previous assessed
$131,008
+16.6% YoY
Effective rate
2.19%
On assessed value
Assessed land
$27,475
Assessed improvement
$125,315
Land market value
$78,500
Improvement market value
$358,043
Total market value
$436,543
Applied tax rate
1,001.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
13
Units
1
Bathrooms
1
Total area
880 SF
Lot
0.02 ac (880 SF)
Zoning code
MDRD
APN
011-528-02
UPID
US62-0216525
Jurisdiction
WASHOE
Zoning & alternative use
MDRD · Reno, NV
Zoning MDRD · permitted uses
MDRD · 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
2006
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
13
Units
1
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Vincent C Affinito
Individual
Mailing address
3703 MT DIABLO BLVD, LAFAYETTE, CA 94549-3538
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
$465,000
Vincent C Affinito
Margaux No 802 LLC
Bargain And Sale Deed
—
Feb 15, 2022
—
Margaux No 802 LLC
Mandarin 3404 LLC
Quit Claim Deed
related
—
Mar 29, 2018
$350,000
Mandarin 3404 LLC
Furman Family Trust
Grant Deed
—
Jun 29, 2007
$300,000
Marc J Furman
The Palladio LLC
Bargain And Sale Deed
$165,000 · Pinnacle Mortgage Of Nevada LLC
Jun 7, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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 50 Sierra St Ste, Unit 802?
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.
