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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Medical Office Space
6130 Plumas St Reno, NV 89519-6060
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US62-0320391
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
WOOD
Total area
10,222 SF
Lot
1.04 ac (45,477 SF)
Zoning code
NC
APN
042-222-17
UPID
US62-0320391
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
-
Dr. Steven Zell Physician
-
University Health | Internal Medicine | UNR Medical Clinic
-
Timothy Baker Physician
-
Jennifer Hagen Physician
-
Kirsten Lorenzen Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.76M
Owner & transaction history
Rope LLC · 13 yrs held
Rope LLC
since 2012
4 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
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,645,000
6.5%
$2,445,000
7%
$2,270,000
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±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
$172 / 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
$21,191
Tax year 2023
Assessed value
$599,126
Assessed 2023
Previous assessed
$534,651
+12.1% YoY
Effective rate
3.54%
On assessed value
Assessed land
$179,066
Assessed improvement
$420,060
Land market value
$511,616
Improvement market value
$1,200,172
Total market value
$1,711,788
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
10,222 SF
Lot
1.04 ac (45,477 SF)
Zoning code
NC
APN
042-222-17
UPID
US62-0320391
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
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Rope LLC
Entity
Mailing address
PO BOX 34137, RENO, NV 89533-4137
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2012
$900,000
Rope LLC
Plumas Street Properties LLC
Grant Deed
$675,000 · Bank Of The West
Apr 10, 1998
$1,000,000
Plumas Street Properties LLC
Plumas Street Ptshp
Quit Claim Deed
related
$1,000,000 · Ids Life Insurance Co
Mar 8, 1996
—
Plumas Street Partnership
Plumas Properies
Quit Claim Deed
related
$900,000 · Pioneer Citizens Bank Nevada
Mar 4, 1991
$1,311,263
Plumas Properties
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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