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Property profile & analytics
OFF-MARKET
Estimated value
$19,710,000
Industrial properties
600 Lk St Silver Springs, NV 89429-9038
Entity Owned
6-yr Hold
Free & Clear
Property ID
US62-0893498
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2006
Total area
142,800 SF
Lot
26.66 ac (1,161,310 SF)
Zoning code
M1
APN
015-142-12
UPID
US62-0893498
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.53M
Blend (final)
Blend
$19.71M
Owner & transaction history
Sierra Clean Processing LLC · 6 yrs held
Sierra Clean Processing LLC
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Silver Springs, 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 Silver Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.71M
Range $17.74M – $21.68M · ±10%
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
$138 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$79,790
Tax year 2024
Assessed value
$2,831,421
Assessed 2024
Previous assessed
$2,562,106
+10.5% YoY
Effective rate
2.82%
On assessed value
Land market value
$168,389
Improvement market value
$7,921,387
Total market value
$8,089,776
Applied tax rate
9.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
2
Units
2
Total area
142,800 SF
Lot
26.66 ac (1,161,310 SF)
Zoning code
M1
APN
015-142-12
UPID
US62-0893498
Jurisdiction
LYON
Zoning & alternative use
M1 · Silver Springs, NV
Zoning M1 · permitted uses
M1 · Silver Springs, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Buildings
2
Units
2
Lot
26.66 ac
Current owner
From public records · entity-resolved
Sierra Clean Processing LLC
Entity
Free & Clear · 6 yrs held
Mailing address
204 W SPEAR ST #3866, CARSON CITY, NV 89703-4160
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
—
Sierra Clean Processing LLC
Sierra Springs Ents INC
Quit Claim Deed
—
Dec 30, 2019
$6,500,000
Sierra Springs Ents INC
Clean Dried Processing LLC
Grant Deed
—
Mar 2, 2012
—
Mw Fund LLC
Ach Delaware LLC
Quit Claim Deed
related
—
Jan 27, 2012
—
Ach Delaware LLC
Wick,michael J
Quit Claim Deed
related
—
Dec 28, 2011
—
Wick,michael J
Wick,jennifer J
Quit Claim Deed
related
$487,500 · Gaffney Lending LLC
Dec 28, 2011
$650,000
Wick,michael J
Irwin Union Bk & Trust
Grant Deed
—
Oct 20, 2010
$3,595,500
Irwin Bank & Trust
First American Title Ins
Trustees Deed
related
—
Dec 29, 2005
—
Overholtzer,phillip D & Linda L
—
Trustees Deed
related
$6,640,000 · Irwin Union Bk
—
—
Clean Dried Processing LLC
—
Loan Modification
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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