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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Investment properties
540 6th St Reno, NV 89503
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0464844
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2002
Lot
0.21 ac (9,017 SF)
Zoning code
MDNWQ
APN
007-245-02
UPID
US62-0464844
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
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Primer Healthcare Foundation Re LLC · 3 yrs held
Primer Healthcare Foundation Re LLC
since 2022
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
MDNWQ · 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
$1,695,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10% · vs last sale $1.74M (Dec 30 2022)
Last sale anchor
$1.74M
Dec 30 2022
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
$2,380
Tax year 2023
Assessed value
$69,897
Assessed 2023
Previous assessed
$54,175
+29.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$58,275
Assessed improvement
$11,622
Land market value
$166,500
Improvement market value
$33,205
Total market value
$199,705
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
2002
Heating
NONE
Lot
0.21 ac (9,017 SF)
Zoning code
MDNWQ
APN
007-245-02
UPID
US62-0464844
Jurisdiction
WASHOE
Zoning & alternative use
MDNWQ · Reno, NV
Zoning MDNWQ · permitted uses
MDNWQ · 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
2002
Heating
NONE
Lot
0.21 ac
Current owner
From public records · entity-resolved
Primer Healthcare Foundation Re LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3480 E GUASTI RD, ONTARIO, CA 91761-7684
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
Dec 30, 2022
$1,740,282
Primer Healthcare Foundation Re LLC
Prime Healthcare Services Reno LLC
Bargain And Sale Deed
—
Nov 18, 2022
$80,000,000
Prime Healthcare Services Reno LLC
Mpt Of Reno LLC
Bargain And Sale Deed
—
Sep 20, 2012
$80,000,000
Mpt Of Reno LLC
Prime Healthcare Svcs-reno LLC
Grant Deed
—
Jul 2, 2012
$32,538,500
Prime Healthcare Svcs-reno LLC
Dignity Health
Grant Deed
—
—
—
Prime Healthcare Services-reno
—
Deed Of Trust
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.
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