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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Grocery and convenience stores
9530 Mccarran Blvd Reno, NV 89523-9212
Entity Owned
16-yr Hold
Free & Clear
Property ID
US62-0451420
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2008
Construction
WOOD
Total area
4,204 SF
Lot
1.27 ac (55,365 SF)
Zoning code
SPD
APN
400-140-11
UPID
US62-0451420
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
-
Chevron Reno Gas Station
-
ExtraMile by Jacksons Grocery & Convenience Store
-
South McCarran Carwash Car Wash
-
Amazon Locker - Odre Courier Service Postal Service
-
EM ExtraMile Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$630k
Owner & transaction history
Denice Nevada Props LLC · 16 yrs held
Denice Nevada Props LLC
since 2010
6 recorded transactions
Zoning & alternative use
SPD · 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
Method
Estimation
Statistic approach
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$820,000
7%
$760,000
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
$150 / 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
$34,042
Tax year 2023
Assessed value
$1,001,949
Assessed 2023
Previous assessed
$856,318
+17.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$366,266
Assessed improvement
$635,683
Land market value
$1,046,474
Improvement market value
$1,816,237
Total market value
$2,862,711
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,204 SF
Lot
1.27 ac (55,365 SF)
Zoning code
SPD
APN
400-140-11
UPID
US62-0451420
Jurisdiction
WASHOE
Zoning & alternative use
SPD · Reno, NV
Zoning SPD · permitted uses
SPD · 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
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Denice Nevada Props LLC
Entity
Free & Clear · 16 yrs held
Mailing address
4640 MERITAGE CT, GILROY, CA 95020-8849
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2010
—
Denice Nevada Props LLC
Denice Albert B Liv Trust
Quit Claim Deed
related
—
Feb 10, 2010
—
Denice Nevada Properties LLC
Denice Albert B 1995 Trust
Quit Claim Deed
related
—
Aug 26, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jul 5, 2007
—
Berry-hinckley Industries
—
Deed Of Trust
related
$74,000,000 · First National Bank Nevada
Aug 20, 2004
$1,550,000
Baruk Petroleum INC
Equilon Ents LLC
Grant Deed
—
Aug 20, 2004
$4,400,000
Denice Albert B 1995 Trust
Baruk Petroleum INC
Grant 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.
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