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Property profile & analytics
OFF-MARKET
Apartment buildings
725 Frnt St 1 Fallon, NV 89406-7139
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0072352
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
FRAME
Total area
580 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C2
APN
001-742-09
UPID
US62-0072352
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lark Nv LLC · 5 yrs held
Lark Nv LLC
since 2020
5 recorded transactions
Zoning & alternative use
C2 · Fallon, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fallon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,582
Tax year 2023
Assessed value
$58,571
Assessed 2023
Previous assessed
$61,318
-4.5% YoY
Effective rate
4.41%
On assessed value
Assessed land
$32,873
Assessed improvement
$25,698
Land market value
$93,923
Improvement market value
$73,423
Total market value
$167,346
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1935
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Bathrooms
1
Total area
580 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C2
APN
001-742-09
UPID
US62-0072352
Jurisdiction
CHURCHILL
Zoning & alternative use
C2 · Fallon, NVZoning C2 · permitted uses
C2 · Fallon, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1935
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Bathrooms
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Lark Nv LLC
Entity
Mailing address
3180 COREY DR, RENO, NV 89509-3919
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
—
Lark Nv LLC
—
Deed
related
$270,000 · Bank Of The West
Dec 9, 2020
$365,000
Lark Nv LLC
Tycoon Holdings LLC
Grant Deed
$235,000 · Tycoon Holdings LLC
Mar 7, 2019
$225,000
Tycoon Holdings LLC
Divine Foundations LLC
Grant Deed
$40,000 · Edward & Kelly Mckiddie
Oct 25, 2018
$245,000
Divine Foundations LLC
Polk,david
Grant Deed
$80,000 · Ferreira Mila & Dennis
Jan 9, 2018
$190,000
David Polk
Libby,ronald M & Mayjoy P
Grant Deed
$150,000 · Tycoon Holdings LLC Series N
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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