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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Investment properties
530 University Way Reno, NV 89501
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-1003725
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1981
Lot
0.16 ac (7,000 SF)
Zoning code
MDED
APN
007-501-09
UPID
US62-1003725
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
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Justin Taylor · 1 yrs held
Justin Taylor
since 2025
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
MDED · 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
$580,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $540k (Apr 13 2021)
Last sale anchor
$540k
Apr 13 2021
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
—
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
$1,873
Tax year 2023
Assessed value
$55,307
Assessed 2023
Previous assessed
$42,291
+30.8% YoY
Effective rate
3.39%
On assessed value
Assessed land
$51,450
Assessed improvement
$3,857
Land market value
$147,000
Improvement market value
$11,019
Total market value
$158,019
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1981
Heating
NONE
Lot
0.16 ac (7,000 SF)
Zoning code
MDED
APN
007-501-09
UPID
US62-1003725
Jurisdiction
WASHOE
Zoning & alternative use
MDED · Reno, NV
Zoning MDED · permitted uses
MDED · 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
1981
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Justin Taylor
Individual
Mailing address
9325 W SAHARA AVE, LAS VEGAS, NV 89117-5350
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Justin Taylor
Washoe County
Deed
related
—
Dec 29, 2022
—
Reno City Center LLC
—
Deed
related
$2,250,000 · Barbarich Capital LLC
Apr 13, 2021
$540,000
Reno City Center LLC
Amhurst Holdings Limited Partnershi
Grant Deed
—
Mar 12, 2020
—
Joyce A Behncke
Fraces Sabine
Affidavit Of Death
—
Mar 12, 2020
$1,020,000
Ambhurst Holdings LP
Northern Nevada Urban Dev Co L
Grant Deed
—
May 5, 2015
$175,000
Northern Nv Urban Dev Co LLC
Ph Reno LLC
Grant Deed
$675,000 · Kathleen A Boyce
Jun 13, 2012
—
Ph-reno LLC
Kf-reno LLC
Grant Deed
—
Dec 30, 2011
—
Hariri-reno LLC
—
Deed Of Trust
related
$2,700,000 · Cj Park & Associates
Jul 16, 2008
—
Farhadi-reno LLC
—
Grant Deed
related
$7,500,000 · Far East National Bank
Dec 17, 2007
—
Farhadi-reno LLC
Cherry Palm Ltd
Grant Deed
related
—
Mar 22, 2005
$4,800,000
Cherry Palm Ltd
Rr LLC
Grant Deed
$3,900,000 · Far East National Bank
Mar 11, 2005
—
Quantum Investments
Giudici,martin R & Kristi B
Quit Claim Deed
related
—
Mar 11, 2003
$2,950,000
Martin R Giudici
Speakeasy Gaming Of Reno INC
Grant Deed
$2,162,500 · Speakeasy Gaming Of Reno INC
Dec 23, 1999
—
Speakeasy Gaming Of Reno INC
—
Deed Of Trust
related
$30,000,000 · Wells Fargo Bank
May 5, 1998
$8,000,000
Speakeasy Gaming Of Reno LLC
Reno Hotel INC
Grant Deed
related
$39,941,500 · Madeleine LLC
Jan 23, 1997
$175,000
Reno Hotel
Swept Wing Motel INC
Trustees Deed
—
May 4, 1994
$275,000
Swept Wing Motel INC
Reno Projects In
Quit Claim Deed
related
—
Jun 15, 1993
—
Mudd Trust
Rno Assoc
Quit Claim Deed
related
—
Jun 15, 1993
$250,000
Reno Projects INC
Swept Wing Motel
Trustees Deed
—
—
—
Cherry Palm Ltd
—
Deed Of Trust
related
$4,000,000 · Hariri P M Trust
—
—
Cherry Palm Ltd
—
Deed Of Trust
related
$1,000,000 · Security Pacific Bank
—
—
Cherry Palm Ltd
—
Deed Of Trust
related
$5,000,000 · Far East National Bank
—
—
Swept Wing Motel INC
—
Deed Of Trust
related
$175,000 · Reno Projects INC
—
—
Farhadi-reno LLC
—
Deed Of Trust
related
$250,000 · Far East National Bank
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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