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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Strip malls
6380 Mae Anne Ave Reno, NV 89523-4737
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0042944
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,200 SF
Lot
0.15 ac (6,541 SF)
Zoning code
NC
APN
200-600-02
UPID
US62-0042944
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
-
Glory Temple Church Church
-
Royal Market (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Urban Hound Kennel & Boarding Facility
-
Hall and Wrye Plastic Surgeons and Medical Spa Spa & Massage Center Alternative Medicine Practice
-
CoinFlip Bitcoin ATM Currency Exchange Service Investment Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Kabir Investments LLC · 2 yrs held
Kabir Investments LLC
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
NC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+1.8%
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
$1,550,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,490,000
Current use
RESTAURANT
$2,535,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$2,165,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,085,000
Change: -16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,045,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.55M (Jan 31 2024)
Last sale anchor
$1.55M
Jan 31 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
$250 / 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
$10,908
Tax year 2023
Assessed value
$334,629
Assessed 2023
Previous assessed
$334,629
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$114,468
Assessed improvement
$220,161
Land market value
$327,050
Improvement market value
$629,032
Total market value
$956,082
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,200 SF
Lot
0.15 ac (6,541 SF)
Zoning code
NC
APN
200-600-02
UPID
US62-0042944
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.5M
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
0.15 ac
Current owner
From public records · entity-resolved
Kabir Investments LLC
Entity
Mailing address
3555 ROCK RDG CT, RENO, NV 89512-4561
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$1,550,000
Kabir Investments LLC
Joe Dog Dog Food LLC
Bargain And Sale Deed
—
Mar 23, 2022
—
6380 Mae Anne LLC
K&g Partners LLC
Bargain & Sale Deed
—
Dec 30, 2021
$715,000
K&g Partners LLC
Bc Property LLC
Bargain & Sale Deed
$429,000 · Zb NA
Jul 22, 2019
—
Bc Property LLC
—
Deed
related
$25,000 · Heritage Bk/nv
Apr 10, 2019
$615,000
Cain,larry T & Carol A F Trust
Petroleum Synergy Group INC
Grant Deed
—
Dec 1, 2017
$325,500
Glory Temple Church INC
Heritage Bk Of Nv
Grant Deed
—
Dec 22, 2016
—
Joe Dog Dog Food LLC
—
Deed
related
$150,000 · Heritage Bk/nv
Sep 21, 2016
—
Joe Dog Dog Food LLC
—
Deed
related
—
Jun 16, 2016
$60,000
Heritage Bk Of Nv
Beachfront Properties LLC
Deed
related
—
Aug 2, 2006
$1,238,000
Beachfront Properties LLC
Quail North West Phase II LLC
Grant Deed
$962,000 · Heritage Bank Nevada
Jul 28, 2006
$1,191,500
Joe Dog Dog Food LLC
Quail North West Phase II LLC
Grant Deed
$1,032,855 · Business Bk/nv
Jan 3, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Bc Property LLC
—
Deed Of Trust
related
—
—
—
Joe Dog Dog Food LLC
—
Deed Of Trust
related
$907,500 · Heritage Bk/nv
—
—
Joe Dog Dog Food LLC
—
Loan Modification
related
—
—
—
Joe Dog Dog Food LLC
—
Deed Of Trust
related
$150,000 · Heritage Bk/nv
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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