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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Warehouses
777 Panther Dr Reno, NV 89506-7687
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0394125
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
METAL FRAME
Total area
4,000 SF
Lot
7.8 ac (339,768 SF)
Zoning code
IC
APN
082-611-11
UPID
US62-0394125
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
-
Panther Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$670k
Owner & transaction history
Hollywood Invstment Company · 9 yrs held
Hollywood Invstment Company
since 2017
7 recorded transactions
Zoning & alternative use
IC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+98.1%
Retail stores
$1.0M
+92.1%
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
$675,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$535,000
Current use
OFFICE BUILDING
$1,060,000
Change: +98% · Conversion: Difficult
RETAIL STORES
$1,030,000
Change: +92% · Conversion: Moderate
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$168 / 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
$56,669
Tax year 2023
Assessed value
$1,718,151
Assessed 2023
Previous assessed
$1,433,503
+19.9% YoY
Effective rate
3.30%
On assessed value
Assessed land
$475,675
Assessed improvement
$1,242,476
Land market value
$1,359,072
Improvement market value
$3,549,930
Total market value
$4,909,002
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
24
Stories
1
Units
114
Bathrooms
5
Total area
4,000 SF
Lot
7.8 ac (339,768 SF)
Zoning code
IC
APN
082-611-11
UPID
US62-0394125
Jurisdiction
WASHOE
Zoning & alternative use
IC · Reno, NV
Zoning IC · permitted uses
IC · 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
$535,000
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
24
Units
114
Bathrooms
5
Lot
7.8 ac
Current owner
From public records · entity-resolved
Hollywood Invstment Company
Entity
Mailing address
777 PANTHER DR, RENO, NV 89506-7687
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2020
—
Hollywood Investment Co LLC
—
Deed
related
$6,250,000 · Washington Fed'l Bk
Jan 23, 2017
$11,031,500
Hollywood Invstment Company
Navada Limited Linilety Company
Bargain And Sale Deed
$6,480,000 · Western Alliance Bank
Oct 9, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 27, 2007
—
Stor-all Reno LLC
—
Trustees Deed
related
$5,300,000 · Nevada State Bank
Aug 2, 2006
—
Morrison Family Invs LLC
Morrison W L Fam Trust
Quit Claim Deed
—
—
—
Hollywood Investment Co LLC
—
Deed Of Trust
related
$6,250,000 · Washington Fed'l Bk
—
—
Hollywood Investment Co LLC
—
Deed Of Trust
related
$6,250,000 · Washington Fed'l Bk
—
—
Stor-all Reno LLC
—
Deed Of Trust
related
$3,749,833 · Nevada State 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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