Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
5315 Reno Corporate Dr Ste 100 Reno, NV 89511-2615
Entity Owned
~
Est. High Equity
Property ID
US62-0536702
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Construction
WOOD
Total area
2,090 SF
Lot
0.06 ac (2,822 SF)
Zoning code
PO
APN
164-421-42
UPID
US62-0536702
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
$460k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$665k
Owner & transaction history
Unite Ventures LLC
Unite Ventures LLC
since 2026
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
PO · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$840,000
+33.0%
Medical building
$765,000
+21.5%
Auto repair, garage
$705,000
+11.4%
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
$455,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$630,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$765,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$705,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$535,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $850k (Feb 5 2025)
Last sale anchor
$850k
Feb 5 2025
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
$318 / 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
$6,594
Tax year 2023
Assessed value
$188,023
Assessed 2023
Previous assessed
$166,738
+12.8% YoY
Effective rate
3.51%
On assessed value
Assessed land
$45,353
Assessed improvement
$142,670
Land market value
$129,580
Improvement market value
$407,628
Total market value
$537,208
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,090 SF
Lot
0.06 ac (2,822 SF)
Zoning code
PO
APN
164-421-42
UPID
US62-0536702
Jurisdiction
WASHOE
Zoning & alternative use
PO · Reno, NV
Zoning PO · permitted uses
PO · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$630,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
MEDICAL BUILDING
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES
Est. value
$535,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Unite Ventures LLC
Entity
Mailing address
640 OXBOW CT, RENO, NV 89511-6719
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2026
$825,000
Unite Ventures LLC
Flyngd LLC
Bargain & Sale Deed
$680,000 · Harvest Small Business Finance LLC
Feb 5, 2025
$850,000
Reno Real Estate Corp
Grayeagle Properties LLC
Bargain & Sale Deed
—
Dec 8, 2020
$700,000
Flyingd LLC
Rpc Business Park LLC
Bargain And Sale Deed
$533,250 · Heritage Bank Of Nevada
Dec 8, 2020
—
Flyingd LLC
—
Deed
related
$1,000 · Heritage Bk/nv
—
—
Flyingd LLC
—
Deed Of Trust
related
$1,000 · Heritage Bk/nv
—
—
Flyingd LLC
—
Deed Of Trust
related
$533,250 · Glacier Bk Fsb
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 5315 Reno Corporate Dr Ste, Unit 100?
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.
