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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Strip malls
5144 Mae Anne Ave, Reno, NV 89523-1883
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-0553646
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2012
Construction
WOOD
Total area
5,280 SF
Lot
0.69 ac (30,055 SF)
Zoning code
GC
APN
039-750-12
UPID
US62-0553646
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
-
Chipotle Mexican Grill Restaurant
-
Dotty's Specialty Food Shop Supermarket
-
ATM (ATM Link, Inc.) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$495k
Blend (final)
Blend
$655k
Owner & transaction history
Yacoel 2015 Partners LP · 8 yrs held
Yacoel 2015 Partners LP
since 2018
7 recorded transactions
Zoning & alternative use
GC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$124 / 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
$15,395
Tax year 2023
Assessed value
$441,245
Assessed 2023
Previous assessed
$389,074
+13.4% YoY
Effective rate
3.49%
On assessed value
Assessed land
$178,827
Assessed improvement
$262,418
Land market value
$510,935
Improvement market value
$749,765
Total market value
$1,260,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,280 SF
Lot
0.69 ac (30,055 SF)
Zoning code
GC
APN
039-750-12
UPID
US62-0553646
Jurisdiction
WASHOE
Zoning & alternative use
GC · Reno, NV
Zoning GC · permitted uses
GC · 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
2012
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Yacoel 2015 Partners LP
Entity
Mailing address
5520 KIETZKE LN STE #400, RENO, NV 89511-3041
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
$10,000
Yacoel 2015 Partners LP
Ridgeview Reno LLC
Trustees Deed
$25,002,870 · Miscellaneous Ins Co
Aug 25, 2016
$3,000,000
Ridgeview Reno LLC
G & S Ridgeview LLC
Grant Deed
—
Aug 25, 2016
—
Ridgeview Reno LLC
—
Deed
related
$2,000,000 · Miscellaneous Ins Co
Oct 5, 2010
$230,000
G & S Ridgeview LLC
Sisto Family Trust
Grant Deed
—
May 20, 2010
$230,000
Sisto Family Trust
Lexar Properties LLC
Grant Deed
—
Jun 16, 2009
$370,000
Albert P Denice
Lexar Properties LLC
Grant Deed
—
Aug 2, 2007
—
Lexar Properties LLC
—
Trustees Deed
related
$1,389,000 · Pinnacle Bank
Jan 6, 2006
$362,500
Lexar Properties LLC
Jnm Properties LLC
Grant Deed
—
Apr 8, 2005
$725,000
Jnm Properties LLC
Pacific Star Capital LLC
Grant Deed
$543,750 · Nevada State Bank
—
—
G & S Ridgeview LLC
—
Deed Of Trust
related
$105,000 · Scott Robinson
—
—
Ridgeview Reno LLC
—
Loan Modification
related
$2,000,000 · Miscellaneous Ins Co
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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