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Property profile & analytics
OFF-MARKET
Estimated value
$2,035,000
Medical Office Space
6554 Mccarran Blvd Reno, NV 89509-6166
Entity Owned
~
Est. High Equity
Property ID
US62-0226847
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
WOOD
Total area
5,952 SF
Lot
0.14 ac (6,052 SF)
Zoning code
PD
APN
040-920-11
UPID
US62-0226847
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
-
Amanda Vanderclay Physician
-
Dr. Matthew Deeter Physician
-
Dr. James Nunley Physician
-
Dr. Christopher Madsen Physician
-
Ann Pratt Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.04M
Owner & transaction history
Sierra Mountain Range LLC
Sierra Mountain Range LLC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
PD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+52.7%
Restaurant
$2.4M
+17.2%
Neighborhood: shopping center
$2.4M
+15.1%
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
$2,035,000
ML approach
$2,035,000
CAP Approach
CAP Return
Estimation
6%
$1,540,000
6.5%
$1,420,000
7%
$1,320,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,075,000
Current use
COMMERCIAL (GENERAL)
$3,175,000
Change: +53% · Conversion: Easy
RESTAURANT
$2,435,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,390,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,005,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,965,000
Change: -5% · Conversion: Moderate
OFFICE BUILDING
$1,690,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±10% · vs last sale $2.03M (Jan 19 2024)
Last sale anchor
$2.03M
Jan 19 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
$342 / 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
$11,208
Tax year 2023
Assessed value
$460,652
Assessed 2023
Previous assessed
$460,652
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$145,824
Assessed improvement
$314,828
Land market value
$416,640
Improvement market value
$899,509
Total market value
$1,316,149
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
1999
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,952 SF
Lot
0.14 ac (6,052 SF)
Zoning code
PD
APN
040-920-11
UPID
US62-0226847
Jurisdiction
WASHOE
Zoning & alternative use
PD · Reno, NV
Zoning PD · permitted uses
PD · 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
MEDICAL BUILDING Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.2M
RESTAURANT
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Sierra Mountain Range LLC
Entity
Mailing address
2435 TRL END LN, RENO, NV 89511-3204
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
Sierra Mountain Range LLC
The 2000 Poleselli Family Trust
Quitclaim Deed
related
—
Jan 19, 2024
—
Michael Poleselli
Michael Poleselli
Intrafamily Transfer
related
—
Jan 5, 2024
$2,032,500
Michael Poleselli
Bhk Real Estate LLC
Bargain And Sale Deed
—
Jan 5, 2024
—
Michael Poleselli
Linda Ann Poleselli
Intrafamily Transfer
related
—
Mar 13, 2020
—
Bhk Real Estate LLC
Barbara H Kennedy
Grant Deed
$670,000 · Heritage Bank Of Nevada
Dec 5, 2019
—
Kennedy,b Survivors Trust
6554 South Mccarran LLC
Correction Deed
related
—
Nov 22, 2019
$2,064,000
Survivor Barbara K Trust
6554 South Mccarran LLC
Grant Deed
—
Nov 22, 2019
—
John H Kennedy
Jane R Seagrave
Grant Deed
—
Oct 27, 2009
$1,225,000
6554 South Mccarran LLC
Waiala Investment Corporation
Bargain And Sale Deed
$857,500 · Sierra Pacific Federal Credit Union
May 26, 1999
$1,023,000
Waiala Investment Corp
Quail Corners LLC
Grant Deed
—
—
—
6554 South Mccarran LLC
—
Loan Modification
related
$712,504 · Sierra Pacific FCU
—
—
Waiala Investments Corp
—
Deed Of Trust
related
$425,000 · First Independent Bank Nevada
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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