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Property profile & analytics
OFF-MARKET
Drive through restaurants
500 Plumb Ln Reno, NV 89502-3504
Individually Owned
8-yr Hold
Free & Clear
Property ID
US62-0327251
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,764 SF
Lot
0.44 ac (19,166 SF)
Zoning code
GC
APN
015-183-23
UPID
US62-0327251
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
-
Stan And Teresa Mentzer - Allstate Insurance Agent Insurance Agency
-
Allstate Personal Financial Representative: Sharon Brannon Financial Advisor
-
Super Burrito Restaurant Take-out & Catering
-
Dr. Cheryl Adlington OD, FAAO Physician
-
Ticor Title Company of Nevada - Midtown Branch Insurance Agency
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
500 E Plumb Series · 8 yrs held
500 E Plumb Series
since 2018
7 recorded transactions
Zoning & alternative use
GC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition of the city's suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,752.04 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 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
$5,789
Tax year 2023
Assessed value
$181,415
Assessed 2023
Previous assessed
$153,941
+17.8% YoY
Effective rate
3.19%
On assessed value
Assessed land
$134,162
Assessed improvement
$47,253
Land market value
$383,320
Improvement market value
$135,009
Total market value
$518,329
Applied tax rate
1,002.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,764 SF
Lot
0.44 ac (19,166 SF)
Zoning code
GC
APN
015-183-23
UPID
US62-0327251
Jurisdiction
WASHOE
Zoning & alternative use
GC · Reno, NVZoning GC · permitted uses
GC · Reno, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is intended to accommodate a mix of established low-intensity auto-oriented uses, while supporting the gradual transition of the city's suburban corridors to a mix of higher-density residential, retail, commercial, and other employment and service-oriented uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,752.04 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
500 E Plumb Series
Individual
Free & Clear · 8 yrs held
Mailing address
225 GRANADA DR, SPARKS, NV 89431-1356
Ownership since
2018
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 1, 2018
—
500 E Plumb Series
Favela,patricia
Quit Claim Deed
related
—
Oct 31, 2016
$475,000
Aurora Properties LLC
Mentzer S & T Trust
Grant Deed
—
Sep 1, 2016
$700,000
Patricia Favela
Chayra B P & L Trust
Grant Deed
$600,000 · Chayra B P & L Trust (pt)
Dec 20, 2006
—
Chayra Benjamin P & L Trust
Chayra,benjamin P & Lydia
Quit Claim Deed
related
—
May 30, 2003
—
Plumgate LLC
—
Trustees Deed
related
$570,000 · Nevada State Bank
Dec 30, 1993
$350,000
Benjamin P Chayra
Collins Properti
Grant Deed
$142,000 · Pioneer Citizens Bank Nevada
May 13, 1992
$315,000
Collins Properties INC
Unknown
Grant Deed
—
—
—
Benjamin P Chayra
—
Deed Of Trust
related
$142,000 · Pioneer Citizens Bank Nevada
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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