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Property profile & analytics
OFF-MARKET
Estimated value
$7,700,000
Auto shops
865 Kietzke Ln Reno, NV 89502-2015
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-1245015
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,617 SF
Lot
1.78 ac (77,711 SF)
Zoning code
GC
APN
013-144-33
UPID
US62-1245015
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
-
United Nissan Reno Service Auto Repair Shop
-
United Nissan Reno Car Dealership
-
United Nissan Reno Parts Auto Parts Store
-
United Nissan Reno Rentals Car Rental Facility
-
Foods Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.45M
Blend (final)
Blend
$7.70M
Owner & transaction history
Fa Acquisitions 2580 Kietzke LLC · 2 yrs held
Fa Acquisitions 2580 Kietzke LLC
since 2024
Last sale
$7.7M
5 recorded transactions
Zoning & alternative use
GC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.1M
+27.9%
Neighborhood: shopping center
$9.9M
+25.6%
Medical building
$8.6M
+9.1%
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
$7,700,000
ML approach
$7,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,875,000
Current use
RESTAURANT
$10,070,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,890,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$8,590,000
Change: +9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,125,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,785,000
Change: -14% · Conversion: Easy
RETAIL STORES
$6,710,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$7.70M
Range $6.93M – $8.47M · ±10% · vs last sale $7.70M (May 8 2024)
Last sale anchor
$7.70M
May 8 2024
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
$313 / 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
$39,707
Tax year 2023
Assessed value
$1,196,038
Assessed 2023
Previous assessed
$1,196,038
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$394,277
Assessed improvement
$801,761
Land market value
$1,126,505
Improvement market value
$2,290,746
Total market value
$3,417,251
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
24,617 SF
Lot
1.78 ac (77,711 SF)
Zoning code
GC
APN
013-144-33
UPID
US62-1245015
Jurisdiction
WASHOE
Zoning & alternative use
GC · Reno, NV
Zoning GC · permitted uses
GC · 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
AUTO REPAIR, GARAGE Current
Est. value
$7.9M
RESTAURANT
Est. value
$10.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$8.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.1M
INDUSTRIAL (GENERAL)
Est. value
$6.8M
RETAIL STORES
Est. value
$6.7M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Fa Acquisitions 2580 Kietzke LLC
Entity
Mailing address
3025 E SAHARA AVE, LAS VEGAS, NV 89104-4315
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
$7,700,000
Fa Acquisitions 2580 Kietzke LLC
Alhambra Classic Investments LLC
Bargain And Sale Deed
$7,140,000 · Toyota Financial Savings Bank
Nov 6, 2003
$2,600,000
Athambra Classic Investments
Michael Frinks LP
Grant Deed
—
—
—
Alhambra Classics Invs LLC
—
Deed Of Trust
related
$3,040,000 · Bank Of America
—
—
Alhambra Classic Inv LLC
—
Deed Of Trust
related
$2,160,000 · Bank Of America
—
—
Alhambra Classic Inv LLC
—
Deed Of Trust
related
$2,160,000 · Bank Of America
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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