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Property profile & analytics
FOR SALE
Industrial properties
9728 South Virginia St Reno, NV 89511
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0027668
For Sale
1 / 2
$4,600,000
9728 South Virginia St, Reno, NV 89511
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,440 SF
Lot
1.33 ac (57,717 SF)
Zoning code
MS
APN
163-150-03
UPID
US62-0027668
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
-
Rack 2 Roam Auto Parts Store
-
LL Flooring Carpet & Flooring Store Hardware & Home Improvement
-
Hot Tub Superstore (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.75M
Owner & transaction history
Torchale Holdings III LLC · 2 yrs held
Torchale Holdings III LLC
since 2024
7 recorded transactions
Zoning & alternative use
MS · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,835,000
6.5%
$1,695,000
7%
$1,575,000
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±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
$90 / 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
$18,107
Tax year 2023
Assessed value
$533,956
Assessed 2023
Previous assessed
$533,956
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$218,155
Assessed improvement
$315,801
Land market value
$623,300
Improvement market value
$902,288
Total market value
$1,525,588
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
For Sale
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
19,440 SF
Lot
1.33 ac (57,717 SF)
Zoning code
MS
APN
163-150-03
UPID
US62-0027668
Jurisdiction
WASHOE
Zoning & alternative use
MS · Reno, NV
Zoning MS · permitted uses
MS · 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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Torchale Holdings III LLC
Entity
Mailing address
1155 S ROCK BLVD STE #400, RENO, NV 89502-7169
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Torchale Holdings III LLC
Scandia Realty Group 3 Lllp
Bargain And Sale Deed
—
Jan 4, 2019
$3,292,000
Scandia Realty Group 3 Lllp
Tgr1 LLC
Grant Deed
—
Oct 2, 2007
—
Tgr1 LLC
Gloy T H Living 2005 Trust
Grant Deed
$2,500,000 · Clark County Cu
Mar 7, 2006
—
Gloy T H 2005 Living Trust
Gloy T & R Living Trust
Quit Claim Deed
related
—
Feb 27, 2004
$2,695,000
Gloy,tr
Hensler,tr
Grant Deed
$2,040,000 · First Interstate Bank Nevada
May 18, 2000
—
South Meadows LP
Nevada State
Quit Claim Deed
related
—
Jul 31, 1998
$250,500
Joseph Hensler
Pacific American Property
Grant Deed
—
—
—
Tgr 1 LLC
—
Deed Of Trust
related
$1,875,000 · Public Svc Cu
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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