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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Auto shops
790 Mdws Pkwy Reno, NV 89521-4877
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0246100
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2022
Construction
WOOD
Total area
1,550 SF
Lot
0.4 ac (17,292 SF)
Zoning code
PD
APN
160-220-49
UPID
US62-0246100
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$695k
Owner & transaction history
Bpv South Meadows LLC · 3 yrs held
Bpv South Meadows LLC
since 2023
Last sale
$710,000
3 recorded transactions
Zoning & alternative use
PD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+58.4%
Neighborhood: shopping center
$625,000
+19.4%
Medical building
$540,000
+3.7%
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
$650,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$520,000
Current use
COMMERCIAL (GENERAL)
$825,000
Change: +58% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$425,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $710k (Feb 16 2023)
Last sale anchor
$710k
Feb 16 2023
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
$448 / 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
$9,111
Tax year 2023
Assessed value
$248,500
Assessed 2023
Effective rate
3.67%
On assessed value
Assessed land
$99,861
Assessed improvement
$148,639
Land market value
$285,318
Improvement market value
$424,682
Total market value
$710,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2022
Construction
WOOD
Heating
SPACE
Stories
1
Units
1
Total area
1,550 SF
Lot
0.4 ac (17,292 SF)
Zoning code
PD
APN
160-220-49
UPID
US62-0246100
Jurisdiction
WASHOE
Zoning & alternative use
PD · Reno, NVZoning PD · permitted uses
PD · Reno, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$625,000
MEDICAL BUILDING
Est. value
$540,000
OFFICE BUILDING
Est. value
$425,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
2022
Construction
WOOD
Heating
SPACE
Stories
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Bpv South Meadows LLC
Entity
Mailing address
305 BUCK DR, RENO, NV 89506-6729
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2023
$710,000
Bpv South Meadows LLC
Dillon Real Estate Co INC
Bargain And Sale Deed
$1,596,851 · Bank Of America NA
Feb 16, 2023
—
Bristlepine Ventures LLC
Bpv South Meadows LLC
Ground Lease
related
—
Sep 28, 2021
—
Bristlepine Ventures LLC
—
Deed
related
$1,028,851 · Bank Of America NA
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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