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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Warehouses
75 Moana Ln Reno, NV 89502-4210
Individually Owned
2-yr Hold
Free & Clear
Property ID
US62-0321904
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,564 SF
Lot
0.98 ac (42,688 SF)
Zoning code
MU
APN
020-253-08
UPID
US62-0321904
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
-
SPCA of Northern Nevada Thrift Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
$2.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Edwards Andros Blake · 2 yrs held
Edwards Andros Blake
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
MU · 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
Method
Estimation
Statistic approach
$3,085,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
$2,245,000
6.5%
$2,070,000
7%
$1,925,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,730,000
Current use
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10% · vs last sale $2.25M (Nov 17 2023)
Last sale anchor
$2.25M
Nov 17 2023
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
$127 / 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
$16,924
Tax year 2023
Assessed value
$514,207
Assessed 2023
Previous assessed
$436,753
+17.7% YoY
Effective rate
3.29%
On assessed value
Assessed land
$283,875
Assessed improvement
$230,332
Land market value
$811,072
Improvement market value
$658,090
Total market value
$1,469,162
Applied tax rate
1,002.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
19,564 SF
Lot
0.98 ac (42,688 SF)
Zoning code
MU
APN
020-253-08
UPID
US62-0321904
Jurisdiction
WASHOE
Zoning & alternative use
MU · Reno, NV
Zoning MU · permitted uses
MU · 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
WAREHOUSE, STORAGE Current
Est. value
$3.7M
WAREHOUSE, STORAGE Current
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Edwards Andros Blake
Individual
Free & Clear · 2 yrs held
Mailing address
6372 MORMON TEA WAY, RENO, NV 89511-4382
Ownership since
2023
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
Nov 17, 2023
$2,250,000
Edwards Andros Blake
Hirshland Boys LLC
Bargain And Sale Deed
—
Nov 17, 2023
—
David Lee Hirshlanda
Deborah Hirshland
Intrafamily Transfer
related
—
Jul 7, 2020
—
Hirshland Boys LLC
—
Deed
related
$531,440 · Meadows Bk
Jun 4, 2020
—
Mark Hirshland
David L Hirshland
Quit Claim Deed
related
—
Dec 19, 2019
—
David Lee Hirshland
David Lee Hirshland
Intrafamily Transfer
related
$450,000 · Meadows Bank
Jul 19, 2019
—
Hirshland,lee D Family Trust
Hirshland Mary V
Affidavit Of Death
related
—
May 22, 2008
—
Hirshland Lee D Family Trust
Hirshland Lee D Fam Trust
Quit Claim Deed
related
—
May 20, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Feb 27, 2002
$1,208,240
Hirshland Trust
Hirshland,lee D & M V
Quit Claim Deed
related
—
Jan 3, 2002
—
Hirshland Lee Dr.
Broili Trust
Grant Deed
related
—
Jan 18, 2001
—
Hirshland Trust
Broili,june
Grant Deed
related
—
—
—
Hirshland Boys LLC
—
Loan Modification
related
$531,440 · Meadows Bk
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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