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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Investment properties
542 Plumas St Reno, NV 89509-1629
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0506591
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1896
Construction
FRAME
Total area
974 SF
Lot
0.18 ac (7,884 SF)
Zoning code
MURES
APN
011-223-23
UPID
US62-0506591
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
-
Too Soul Tea Co. Restaurant Cafe & Coffee Shop
-
Awesome Blossom Floral Design (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$985k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$1.01M
Owner & transaction history
542 Plumas Reno LLC · 2 yrs held
542 Plumas Reno LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
MURES · 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
$960,000
ML approach
$985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.05M (Aug 31 2023)
Last sale anchor
$1.05M
Aug 31 2023
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
$1,037 / 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
$2,565
Tax year 2023
Assessed value
$83,700
Assessed 2023
Previous assessed
$65,477
+27.8% YoY
Effective rate
3.06%
On assessed value
Assessed land
$67,708
Assessed improvement
$15,992
Land market value
$193,452
Improvement market value
$45,690
Total market value
$239,142
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
1896
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
974 SF
Lot
0.18 ac (7,884 SF)
Zoning code
MURES
APN
011-223-23
UPID
US62-0506591
Jurisdiction
WASHOE
Zoning & alternative use
MURES · Reno, NV
Zoning MURES · permitted uses
MURES · 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
1896
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
542 Plumas Reno LLC
Entity
Free & Clear · 2 yrs held
Mailing address
915 MARSH AVE, RENO, NV 89509-2531
Ownership since
2023
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
Aug 31, 2023
$1,050,000
542 Plumas Reno LLC
Stephen G Kinerson
Bargain And Sale Deed
—
Jan 18, 2012
—
Kinerson Trust
Kinerson,stephen G & Cindy E
Quit Claim Deed
related
—
Jan 5, 2006
$342,500
Stephen G Kinerson
Smith,james C & Jenni S
Grant Deed
—
Aug 3, 2005
$225,000
542 Plumas LLC
Cherry Creek Investments
Deed
$200,000 · Cherry Creek Investments
Jun 6, 2003
$200,000
James C Smith
Nelson,christopher J & Barbara M
Grant Deed
$146,000 · Heritage Bank Nevada
Sep 30, 1998
$165,000
Christopher J Nelson
Cunninghman,diana
Grant Deed
$132,000 · Nevada State Bank
Jun 14, 1996
$144,000
Diana Cunningham
Reinke Trust
Grant Deed
$126,635 · Seller
Mar 31, 1994
$143,000
Reinke Trust
Combs Trust
Grant Deed
—
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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