Realmo Analytics

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Financial
Distress signals
Property profile

831 Keystone Ave Reno, NV 89503

FOR SALE
Office buildings
Property ID
US62-1260106
2,327 SF 0.28 ac lot Built 1948
Last sale Jul 2026 · $1,197,500
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$93k
Assessed land$60k
Assessed improvement$33k
Effective rate2.62%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$17k
Operating expenses−$19k
NOI · 4.69% cap applied$57k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 323 recorded sales of this use type
Observed band · Q1–Q3$184 – $381
Qualifying comparables3

Cap rate analysis

How does the asset earn?
4.69%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PO
The PO district provides for office conversions and small office developments and is considered appropriate in transitional areas designa...
General categoryRESIDENTIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service15.6
Realty agency15.3
Furniture Store12.4

Location

831 Keystone Ave Reno, NV 89503
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
527 2nd, Reno, NV 89503-5310 $3,000,000 Jun 2025 2,375 SF
737 5th, Reno, NV 89503-4307 $398,496 Jul 2023 3,026 SF
527 Washington, Reno, NV 89503-4326 $900,000 Jul 2023 2,956 SF
537 Ralston, Reno, NV 89503-4434 $725,000 Apr 2023 2,475 SF
1055 Riverside, Reno, NV 89503-5430 $850,000 May 2022 2,247 SF
96 Winter, Reno, NV 89503-5605 $615,000 Jan 2021 1,792 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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