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Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Day care centers
9410 Double Diamond Pkwy Reno, NV 89521-5922
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0041758
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1997
Construction
WOOD
Total area
12,177 SF
Lot
1.42 ac (61,681 SF)
Zoning code
PD
APN
163-020-02
UPID
US62-0041758
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
-
Kids R Kool High School Daycare Center
-
Primrose School of South Reno Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Little Dreams Learning LLC · 1 yrs held
Little Dreams Learning LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
PD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.0M
+499.7%
Restaurant
$2.4M
+264.4%
Commercial (general)
$2.4M
+256.7%
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
$2,800,000
ML approach
$2,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,000,000
Change: +500% · Conversion: Difficult
RESTAURANT
$2,430,000
Change: +264% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,380,000
Change: +257% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±10% · vs last sale $2.60M (Jun 4 2021)
Last sale anchor
$2.60M
Jun 4 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
$223 / 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
$26,117
Tax year 2023
Assessed value
$778,661
Assessed 2023
Previous assessed
$659,948
+18.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$242,865
Assessed improvement
$535,796
Land market value
$693,900
Improvement market value
$1,530,846
Total market value
$2,224,746
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
12,177 SF
Lot
1.42 ac (61,681 SF)
Zoning code
PD
APN
163-020-02
UPID
US62-0041758
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
RESTAURANT
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
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
1997
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Little Dreams Learning LLC
Entity
Mailing address
10280 MOTT DR, RENO, NV 89521-3177
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
—
Little Dreams Learning LLC
—
Deed
related
$1,867,000 · Nevada State Development Corp
Aug 23, 2024
$4,500,000
Little Dreams Learning LLC
Eig14t Pri Nv South Meadows LLC
Special Warranty Deed
$2,294,000 · Meadows Bank
Aug 23, 2024
—
Little Dreams Learning LLC
—
Deed
related
$1,823,000 · Meadows Bank
Apr 3, 2023
—
Eig14t Pri Nv South Meadows LLC
—
Deed
related
$2,700,000 · Wells Fargo Bank NA
Jun 4, 2021
$2,600,000
Eig14t Pri Nv South Meadows LLC
Kids R Kool LLC
Warranty Deed
$2,547,700 · First National Bank Of Omaha
Jan 31, 2008
$3,332,500
Kids R Kool LLC Series I
Kid Pro Corp LLC
Bargain And Sale Deed
$1,675,375 · Wachovia Commercial Mortgage INC
Feb 28, 2005
$2,200,000
Kid Pro Corp LLC
Pps & D LLC
Grant Deed
$2,200,000 · Southern National Bank Texas
Dec 1, 1997
$235,000
P P S & D LLC
Vinson,patrick D
Grant Deed
$1,527,148 · Merchant National Bank
—
—
Kids R Kool LLC
—
Deed Of Trust
related
$1,372,000 · Nevada State Development Corp
—
—
Pps & D LLC
—
Deed Of Trust
related
$1,638,000 · 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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