Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$36,790,000
Showrooms
8650 Boomtown Garson Rd Verdi, NV 89439-8186
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0444486
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
127,616 SF
Lot
20.8 ac (906,135 SF)
Zoning code
AC
APN
038-881-08
UPID
US62-0444486
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
-
Cabela's (Bike/Boat/Book/etc) Store
-
ATM Atm
-
Sunglass Outfitters by Sunglass Hut (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.69M
Comparable Approach
Comparable
$22.08M
Blend (final)
Blend
$36.79M
Owner & transaction history
Cai Investments Reno Tahoe Dst · 4 yrs held
Cai Investments Reno Tahoe Dst
since 2021
Last sale
$39.0M
2 recorded transactions
Zoning & alternative use
AC · Verdi, 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 Verdi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Verdi 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
$40,940,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,990,000
6.5%
$27,685,000
7%
$25,705,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$57,720,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$55,025,000
Change: -5% · Conversion: Difficult
RESTAURANT
$53,390,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$36.79M
Range $33.11M – $40.47M · ±10% · vs last sale $38.96M (Oct 21 2021)
Last sale anchor
$38.96M
Oct 21 2021
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
$288 / 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
$207,931
Tax year 2023
Assessed value
$6,110,227
Assessed 2023
Previous assessed
$5,257,725
+16.2% YoY
Effective rate
3.40%
On assessed value
Assessed land
$1,902,911
Assessed improvement
$4,207,316
Land market value
$5,436,888
Improvement market value
$12,020,903
Total market value
$17,457,791
Applied tax rate
1,831.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
127,616 SF
Lot
20.8 ac (906,135 SF)
Zoning code
AC
APN
038-881-08
UPID
US62-0444486
Jurisdiction
WASHOE
Zoning & alternative use
AC · Verdi, NVZoning AC · permitted uses
AC · Verdi, 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
COMMERCIAL (GENERAL) Current
Est. value
$57.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$55.0M
RESTAURANT
Est. value
$53.4M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
20.8 ac
Current owner
From public records · entity-resolved
Cai Investments Reno Tahoe Dst
Entity
Mailing address
2500 E KEARNEY ST, SPRINGFIELD, MO 65898-0001
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
$38,957,622
Cai Investments Reno Tahoe Dst
Cf Bass Propco LLC
Bargain And Sale Deed
$20,000,000 · 3650 Real Estate Investment Trust 2
May 14, 2019
$26,213,000
Cf Bass Propco LLC
Cabelas Wholesale LLC
Bargain And Sale Deed
$210,817,755 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8650 Boomtown Garson Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
