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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Auto shops
6110 Mae Anne Ave Reno, NV 89523-4700
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0060313
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,300 SF
Lot
0.08 ac (3,616 SF)
Zoning code
NC
APN
200-590-07
UPID
US62-0060313
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
-
Alpha Tire & Total Car Care Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Piccinini Properties LLC · 2 yrs held
Piccinini Properties LLC
since 2023
Last sale
$815,000
7 recorded transactions
Zoning & alternative use
NC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The NC district is intended to promote a mix of pedestrian-oriented commercial, retail, services, and housing options. Additional standards are included to ensure that the site design, uses, and scale are consistent with the adjacent neighborhoods.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
208.23 ac
Source
Realmo
Top alternative use upside
Medical building
$1.2M
+3.7%
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
$745,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,110,000
Current use
MEDICAL BUILDING
$1,150,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $815k (Aug 31 2023)
Last sale anchor
$815k
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
$238 / 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
$5,333
Tax year 2023
Assessed value
$164,576
Assessed 2023
Previous assessed
$134,611
+22.3% YoY
Effective rate
3.24%
On assessed value
Assessed land
$63,280
Assessed improvement
$101,296
Land market value
$180,800
Improvement market value
$289,418
Total market value
$470,218
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
3,300 SF
Lot
0.08 ac (3,616 SF)
Zoning code
NC
APN
200-590-07
UPID
US62-0060313
Jurisdiction
WASHOE
Zoning & alternative use
NC · Reno, NVZoning NC · permitted uses
NC · Reno, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The NC district is intended to promote a mix of pedestrian-oriented commercial, retail, services, and housing options. Additional standards are included to ensure that the site design, uses, and scale are consistent with the adjacent neighborhoods.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
208.23 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Piccinini Properties LLC
Entity
Mailing address
490 KIETZKE LN, RENO, NV 89502-1419
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
$815,000
Piccinini Properties LLC
Sequoia Ventures LLC
Bargain And Sale Deed
—
Aug 6, 2020
—
Wells Fargo Credit Corp
—
Deed
related
$284,700 · Sequoia Ventures
Jul 19, 2005
—
Sequoia Ventures LLC
Frank L Myers
Grant Deed
$700,000 · Calnet Business Bank
May 20, 2005
$1,035,000
Frank L Myers
Automotive Holdings LLC
Bargain And Sale Deed
$415,000 · Granite Community Bank NA
May 12, 2005
$545,000
Automotive Holdings LLC
Quail North West LLC
Grant Deed
related
$500,000 · Richard Kornfeld
Oct 25, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Wells Fargo Credit Corp
—
Deed Of Trust
related
$284,700 · Sequoia Ventures
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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