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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Retail space
6120 Mae Anne Ave Reno, NV 89523-4726
Individually Owned
1-yr Hold
Free & Clear
Property ID
US62-0288671
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,150 SF
Lot
0.08 ac (3,302 SF)
Zoning code
NC
APN
200-590-04
UPID
US62-0288671
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
-
Bella Dermatology Medical Clinic
-
Dr. Julia Ai, MD Physician Medical Clinic
-
David Pastrell Dental Office
-
Scott F. Futch, D.D.S. Dental Office
-
Xscape Performing Arts Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$800k
Owner & transaction history
Regina E Heckendorn · 1 yrs held
Regina E Heckendorn
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
NC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+56.3%
Medical building
$1.1M
+35.8%
Auto repair, garage
$1.1M
+30.9%
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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
RETAIL STORES
$810,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,265,000
Change: +56% · Conversion: Moderate
MEDICAL BUILDING
$1,100,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,060,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Dec 3 2024)
Last sale anchor
$800k
Dec 3 2024
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
$254 / 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
$5,560
Tax year 2023
Assessed value
$171,003
Assessed 2023
Previous assessed
$171,003
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$57,785
Assessed improvement
$113,218
Land market value
$165,100
Improvement market value
$323,481
Total market value
$488,581
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,150 SF
Lot
0.08 ac (3,302 SF)
Zoning code
NC
APN
200-590-04
UPID
US62-0288671
Jurisdiction
WASHOE
Zoning & alternative use
NC · Reno, NV
Zoning NC · permitted uses
NC · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$810,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$835,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Regina E Heckendorn
Individual
Free & Clear · 1 yrs held
Mailing address
6725 VIA AUSTI PKWY STE #365, LAS VEGAS, NV 89119-3553
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
$800,000
Regina E Heckendorn
Dig Reno 6120 Mae Anne Ave LLC
Bargain & Sale Deed
—
Apr 12, 2024
$631,737
Dig Reno 6120 Mae Anne Ave LLC
Ultimate Properties LLC
Bargain And Sale Deed
—
Nov 4, 2021
—
6120 3 Mountain West LLC
—
Deed
related
$521,600 · Pastrell Family Trust
Nov 3, 2021
$652,000
6120 3 Mountain West LLC
David L Pastrell
Bargain & Sale Deed
$521,600 · Bank Of America NA
Nov 3, 2021
—
6120 3 Mountain West LLC
—
Deed
related
$521,600 · Pastrell Family Trust
Jun 1, 2020
—
Ultimate Props LLC
—
Deed
related
—
Aug 15, 2005
$675,000
Tamlin Investments LLC
Quail North West LLC
Grant Deed
—
Aug 15, 2005
—
Ultimate Properties LLC
Mclaughlin L D Trust
Grant Deed
$562,500 · Skymar Capital Corp
Oct 25, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Ultimate Properties LLC
—
Deed Of Trust
related
$507,618 · Christian Fidelity Life Ins Co
—
—
Ultimate Props LLC
—
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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