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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Motels
777 4th St Reno, NV 89512-3404
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0417996
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,980 SF
Lot
1.24 ac (53,797 SF)
Zoning code
MDID
APN
008-243-08
UPID
US62-0417996
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
-
Rancho 777 Residence Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.48M
Owner & transaction history
Eagle Valley Group LLC Rancho 777 S · 1 yrs held
Eagle Valley Group LLC Rancho 777 S
since 2024
7 recorded transactions
Zoning & alternative use
MDID · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10%
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
$59 / 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
$14,813
Tax year 2023
Assessed value
$383,233
Assessed 2023
Previous assessed
$317,689
+20.6% YoY
Effective rate
3.87%
On assessed value
Assessed land
$118,622
Assessed improvement
$264,611
Land market value
$338,921
Improvement market value
$756,030
Total market value
$1,094,951
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Units
80
Total area
24,980 SF
Lot
1.24 ac (53,797 SF)
Zoning code
MDID
APN
008-243-08
UPID
US62-0417996
Jurisdiction
WASHOE
Zoning & alternative use
MDID · Reno, NVZoning MDID · permitted uses
MDID · Reno, 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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Units
80
Lot
1.24 ac
Current owner
From public records · entity-resolved
Eagle Valley Group LLC Rancho 777 S
Entity
Mailing address
2406 PRATER WAY, SPARKS, NV 89431-4122
Ownership since
2024
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
Dec 27, 2024
—
Eagle Valley Group LLC Rancho 777 S
Eagle Valley Group LLC Rancho 777 S
Deed
related
—
Jan 18, 2022
—
Bajwa Properties LLC Rancho 777 Ser
—
Deed
related
$2,155,000 · Heritage Bank Of Nevada
Jun 4, 2021
—
Bajwa Properties LLC
—
Deed
related
$416,000 · United States Small Business Admin
Feb 24, 2012
$1,150,000
Navprit S Bajwa
Ruth E Wheeler
Bargain And Sale Deed
$402,500 · Heritage Bank Of Nevada
Nov 22, 2005
—
Wheeler & Otey Family Trust
Owner Name Unavailable
Grant Deed
related
—
Sep 17, 1996
$2,000,000
Ruth E Wheeler
El Rancho Motel Co
Grant Deed
$1,680,000 · Seller
—
—
Navprit S Bajwa
—
Deed Of Trust
related
$416,000 · Nevada State Development Corp
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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