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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Industrial properties
7875 Virginia St Reno, NV 89506-7762
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-1305891
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
METAL FRAME
Total area
13,000 SF
Lot
4.34 ac (189,050 SF)
Zoning code
MS
APN
082-293-02
UPID
US62-1305891
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
-
Big Stuff Storage Storage Facility
-
Black Rock Bicycles (Bike/Boat/Book/etc) Store
-
Nevada Seating & Mobility Production Facility
-
North Valleys Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.30M
Owner & transaction history
7875 N Virginia LLC · 6 yrs held
7875 N Virginia LLC
since 2019
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$100 / 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
$13,544
Tax year 2023
Assessed value
$371,588
Assessed 2023
Previous assessed
$342,347
+8.5% YoY
Effective rate
3.64%
On assessed value
Assessed land
$103,275
Assessed improvement
$268,313
Land market value
$295,070
Improvement market value
$766,609
Total market value
$1,061,679
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
METAL FRAME
Heating
SPACE
Stories
1
Units
1
Total area
13,000 SF
Lot
4.34 ac (189,050 SF)
Zoning code
MS
APN
082-293-02
UPID
US62-1305891
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
2007
Construction
METAL FRAME
Heating
SPACE
Stories
1
Units
1
Lot
4.34 ac
Current owner
From public records · entity-resolved
7875 N Virginia LLC
Entity
Mailing address
216 LEMMON DR #363, RENO, NV 89506-8701
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2019
$1,990,500
7875 N Virginia LLC
Fuchs Investments LLC
Bargain And Sale Deed
$1,000,000 · American Business Bank
Jan 11, 2013
$825,000
Fuchs Investments LLC
Eagle Spe Nv I INC
Grant Deed
—
Jul 13, 2012
$700,000
Eagle Spe Nv I INC
Stewart Title Co
Trustees Deed
related
—
Jul 13, 2004
$90,000
Big Stuff Storage LLC
Huber,mark D & Giselle N
Grant Deed
$741,000 · First National Bank Nevada
Jul 24, 2003
$370,000
Alan D Huber
Huber,mark D & Giselle N
Grant Deed
related
—
Jan 14, 2003
$170,000
Alan J Huber
Rinaldi,louis V
Grant Deed
$277,500 · First National Bank Nevada
Aug 23, 2000
$210,000
Louis V Rinaldi
Jones Trust
Grant Deed
$170,000 · Manoukian Trust
—
—
Louis Rinaldi
—
Deed Of Trust
related
$23,170 · Individual
—
—
Big Stuff Storage LLC
—
Deed Of Trust
related
$260,000 · Mary C Miller
—
—
Big Stuff Storage LLC
—
Deed Of Trust
related
$50,000 · Z Loan & Invs
—
—
Louis Rinaldi
—
Deed Of Trust
related
$65,000 · Individual
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
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