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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
5715 Tanberg Dr Sun Valley, NV 89433-7339
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0086299
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
METAL FRAME
Total area
6,000 SF
Lot
3.08 ac (134,165 SF)
Zoning code
I
APN
085-371-30
UPID
US62-0086299
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
$730k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$464k
Blend (final)
Blend
$640k
Owner & transaction history
Garibay Enterprises LLC · 5 yrs held
Garibay Enterprises LLC
since 2021
Last sale
$630,000
6 recorded transactions
Zoning & alternative use
I · Sun Valley, 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 Sun Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun Valley 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
$660,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$405,000
Current use
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $630k (Jun 2 2021)
Last sale anchor
$630k
Jun 2 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
$107 / 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
$3,024
Tax year 2023
Assessed value
$103,383
Assessed 2023
Previous assessed
$88,534
+16.8% YoY
Effective rate
2.93%
On assessed value
Assessed land
$44,280
Assessed improvement
$59,103
Land market value
$126,514
Improvement market value
$168,865
Total market value
$295,379
Applied tax rate
4,020.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
METAL FRAME
Heating
SPACE
Stories
1
Total area
6,000 SF
Lot
3.08 ac (134,165 SF)
Zoning code
I
APN
085-371-30
UPID
US62-0086299
Jurisdiction
WASHOE
Zoning & alternative use
I · Sun Valley, NV
Zoning I · permitted uses
I · Sun Valley, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sun Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$405,000
WAREHOUSE, STORAGE Current
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
2001
Construction
METAL FRAME
Heating
SPACE
Stories
1
Lot
3.08 ac
Current owner
From public records · entity-resolved
Garibay Enterprises LLC
Entity
Mailing address
10235 BLACKHAWK DR, RENO, NV 89508-8527
Ownership since
2021
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
Jun 2, 2021
$630,000
Garibay Enterprises LLC
John P Phillips
Bargain And Sale Deed
$530,000 · John Phillips
Apr 6, 2016
$189,500
John P Phillips
Sv Shops LLC
Grant Deed
—
Apr 6, 2016
—
John P Phillips
Phillips,diana M
Quit Claim Deed
related
—
Jan 25, 2005
—
Sv Shops LLC
Phillips,john
Grant Deed
—
Jun 16, 2000
$120,000
John P Phillips
Miller,lavonne
Grant Deed
—
Oct 30, 1989
$37,000
Lavonne Miller-casey
Unknown
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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