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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Strip malls
75 Foothill Rd Reno, NV 89511-5418
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0580987
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2012
Construction
WOOD
Total area
6,598 SF
Lot
1.79 ac (78,016 SF)
Zoning code
MS
APN
044-011-12
UPID
US62-0580987
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
-
bibo coffee company / bibo freddo gelato Cafe & Coffee Shop
-
Serendipity Floral & Garden (Bike/Boat/Book/etc) Store Florist
-
Concepts Reno Clothing Store Boutique
-
Tutu School Reno Theater & Performing Art Venue Vocational School
-
SOAK Nail Spa & Lounge Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Owner Name Unavailable · 14 yrs held
Owner Name Unavailable
since 2011
4 recorded transactions
Zoning & alternative use
MS · Reno, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$115 / 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
$28,507
Tax year 2023
Assessed value
$964,344
Assessed 2023
Previous assessed
$847,788
+13.7% YoY
Effective rate
2.96%
On assessed value
Assessed land
$518,786
Assessed improvement
$445,558
Land market value
$1,482,247
Improvement market value
$1,273,024
Total market value
$2,755,271
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
2012
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,598 SF
Lot
1.79 ac (78,016 SF)
Zoning code
MS
APN
044-011-12
UPID
US62-0580987
Jurisdiction
WASHOE
Zoning & alternative use
MS · Reno, NV
Zoning MS · permitted uses
MS · 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.
Building & site characteristics
From public records
Year built
2012
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Mailing address
3150 ALMADEN EXPY STE #103, SAN JOSE, CA 95118-1217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jan 9, 2026
—
Alves South Creek LLC
—
Deed
related
—
Sep 19, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Horseshoe Bend LLC
—
Deed Of Trust
related
$1,330,000 · Mutual Of Omaha Bank
—
—
Horseshoe Bend LLC
—
Deed Of Trust
related
$11,074,000 · Mutual Of Omaha Bank
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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