New search
Property profile & analytics
OFF-MARKET
Strip malls
7675 Virginia St, Reno, NV 89511-1140
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0415291
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,200 SF
Lot
7.91 ac (344,560 SF)
Zoning code
MS
APN
043-011-48
UPID
US62-0415291
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
-
Sean Connor Barber Shop
-
James Tyler Professional Painting Painting
-
Pet Station Longley (Bike/Boat/Book/etc) Store Pet Store & Service
-
Lighthouse Financial Group Loan Service
-
Livingston Matt Insurance Agency
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
Winners Crossing LLC · 2 yrs held
Winners Crossing LLC
since 2023
Last sale
$13.8M
7 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
—
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
$93,110
Tax year 2023
Assessed value
$3,556,317
Assessed 2023
Previous assessed
$3,132,839
+13.5% YoY
Effective rate
2.62%
On assessed value
Assessed land
$1,688,344
Assessed improvement
$1,867,973
Land market value
$4,823,840
Improvement market value
$5,337,065
Total market value
$10,160,905
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
13,200 SF
Lot
7.91 ac (344,560 SF)
Zoning code
MS
APN
043-011-48
UPID
US62-0415291
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
7.91 ac
Current owner
From public records · entity-resolved
Winners Crossing LLC
Entity
Mailing address
PO BOX 888, ZEPHYR COVE, NV 89448-0888
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
$13,750,000
Winners Crossing LLC
Longley Center Annex LLC
Bargain And Sale Deed
—
Aug 22, 2018
—
Longley Center Annex LLC
—
Deed
related
$550,000 · Heritage Bk/nv
Sep 4, 1996
—
Longley Center Annex LP
—
Deed Of Trust
related
$4,100,000 · John Alden Life Insurance
Dec 18, 1995
$511,000
Longley Center Annex LP
Nev-ida Property Investments
Grant Deed
$3,650,000 · Bank Of America Nevada
Oct 29, 1993
$370,500
Nev-ida Property Inv
Menante,ralph J
Grant Deed
—
—
—
Longley Center Annex LLC
—
Deed Of Trust
related
$5,200,000 · Artesia Mortgage Capital Corp
—
—
Longley Center Annex LLC
—
Deed Of Trust
related
$550,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7675 Virginia St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
