New search
Property profile & analytics
OFF-MARKET
Industrial properties
8985 Double Diamond Pkwy Reno, NV 89521-6005
Entity Owned
~
Est. High Equity
Property ID
US62-0226194
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,701 SF
Lot
0.13 ac (5,680 SF)
Zoning code
PD
APN
163-210-26
UPID
US62-0226194
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
-
Freedom Plumbing, LLC Plumbing Service General Contractor
-
Power Packs Plus LLC Logistics Company Moving Company
-
Liquid Blue Events Marketing & Advertising Event Planning
-
Jim Warner General Contractor Renovation Specialist
-
Clean Coach Carly Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chilkur LLC
Chilkur LLC
since 2025
7 recorded transactions
Zoning & alternative use
PD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,001
Tax year 2023
Assessed value
$243,583
Assessed 2023
Previous assessed
$202,000
+20.6% YoY
Effective rate
3.28%
On assessed value
Assessed land
$91,432
Assessed improvement
$152,151
Land market value
$261,234
Improvement market value
$434,716
Total market value
$695,950
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
5,701 SF
Lot
0.13 ac (5,680 SF)
Zoning code
PD
APN
163-210-26
UPID
US62-0226194
Jurisdiction
WASHOE
Zoning & alternative use
PD · Reno, NV
Zoning PD · permitted uses
PD · 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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Chilkur LLC
Entity
Mailing address
14180 WILD QUAIL CT, RENO, NV 89511-6760
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
$2,890,000
Chilkur LLC
G 4ce Double Diamond LLC
Bargain & Sale Deed
$2,890,000 · United FCU
Sep 2, 2025
—
Chilkur LLC
—
Deed
related
$2,890,000 · United FCU
Mar 31, 2025
$1,350,000
Sunningdale LLC
Latimer Investments LLC
Bargain & Sale Deed
—
Sep 26, 2022
—
James Hussey
Jrbrown LLC
Deed
related
—
Sep 14, 2022
$1,350,000
James Hussey
Jrbrown LLC
Bargain & Sale Deed
—
Sep 21, 2017
$710,000
Ridgeback Properties LLC
Double Diamond Holdings LLC
Grant Deed
—
Sep 20, 2017
—
Greening Nevada Holdings LLC-s
Oberlin Apartments LLC
Quitclaim Deed
—
Jul 13, 2017
$6,600
Jrbown LLC
Todd A Davis
Bargain & Sale Deed
—
May 31, 2017
$724,500
Oberlin Apartments LLC
Double Diamond Holdings LLC
Grant Deed
—
Mar 25, 2015
—
G-4ce Double Diamond LLC
Galgon M & K 2013 Trust
Grant Deed
—
Apr 23, 2014
—
Galgon,manfred & K 2013 Trust
Galgon,manfred & Kari
Quit Claim Deed
related
—
May 31, 2012
$655,000
Manfred Galgon
Wells Fargo Bk NA
Grant Deed
—
Jul 22, 2010
$328,360
Fargo Bk NA Wells
Wt Capital Lender Services
Trustees Deed
related
—
Feb 25, 2008
—
Walter Baker Building Holdings
Baker,walter K
Quit Claim Deed
—
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 8985 Double Diamond Pkwy?
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.
