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    7720 Security Cir Reno, NV 89506-1943

    • Manufacturing properties
    • 10,350 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $1,460,000
    Last Sale
    May 10, 2024
    $1,450,000
    Location Intelligence
    Property ID
    US62-0354650
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Buchanan Brothers Carpet / Dry Cleaner

    Property Details for 7720 Security Cir

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.58 lot acres
    Property size
    10,350 SF
    Zone code
    MS
    Property type
    Manufacturing properties
    APN
    082-492-04
    APU
    8249204

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,480,000
      6.5%
      $1,345,000
      7%
      $1,460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,490,000
      Geo Method
      $1,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,335,000
      Retail
      $1,675,000
      Mixed-Use
      $1,290,000
      Hospitality
      $1,520,000
      Educational
      $1,540,000
      Residential Income
      $1,410,000
      Energy
      $1,570,000
      Income-Based Land
      $1,385,000
      Food Service
      $1,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.835
    Latitude
    39.5917
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,651
    $28,514
    $327,172
    $355,686
    -
    $81,468
    $934,777
    $1,016,245

    Comparable in this City

    • Value Estimation by Request
      409,829 SF

      9480 Virginia St

      MANUFACTURING (LIGHT) • 409,829 SF
      9480 Virginia St, Reno, NV 89506-7735
      View Details
    • Value Estimation
      $3,330,000
      12,435 SF

      7970 Security Cir

      MANUFACTURING (LIGHT) • 12,435 SF
      7970 Security Cir, Reno, NV 89506-1995
      View Details
    • Value Estimation
      $1,465,000
      38,862 SF

      14331 Lear Blvd

      MANUFACTURING (LIGHT) • 38,862 SF
      14331 Lear Blvd, Reno, NV 89506-2622
      View Details
    • Value Estimation
      $1,010,000
      35,994 SF

      5695 Cocoa Ave

      MANUFACTURING (LIGHT) • 35,994 SF
      5695 Cocoa Ave, Reno, NV 89506
      View Details
    • Value Estimation
      $925,000
      41,033 SF

      5385 Alpha Ave

      MANUFACTURING (LIGHT) • 41,033 SF
      5385 Alpha Ave, Reno, NV 89506-1205
      View Details
    • Value Estimation by Request
      4,000 SF

      4895 Texas Ave

      MANUFACTURING (LIGHT) • 4,000 SF
      4895 Texas Ave, Reno, NV 89506-1237
      View Details

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    • Contact for pricing
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      Available warehouse space in Reno, Nevada totaling 144,219 square feet.
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    7720 Security Cir
    Reno, NV 89506-1943
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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