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Property profile & analytics
OFF-MARKET
Investment properties
Lakeside Dr Reno, NV 89509
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0645737
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Lot
0.34 ac (14,806 SF)
Zoning code
PO
APN
023-131-47
UPID
US62-0645737
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
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
Lakeside Drive LLC · 11 yrs held
Lakeside Drive LLC
since 2015
5 recorded transactions
Zoning & alternative use
PO · 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
$2,475
Tax year 2023
Assessed value
$79,022
Assessed 2023
Previous assessed
$67,898
+16.4% YoY
Effective rate
3.13%
On assessed value
Assessed land
$68,922
Assessed improvement
$10,100
Land market value
$196,920
Improvement market value
$28,857
Total market value
$225,777
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Heating
NONE
Lot
0.34 ac (14,806 SF)
Zoning code
PO
APN
023-131-47
UPID
US62-0645737
Jurisdiction
WASHOE
Zoning & alternative use
PO · Reno, NV
Zoning PO · permitted uses
PO · 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
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Lakeside Drive LLC
Entity
Mailing address
865 MDW SPGS DR, RENO, NV 89509-5914
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2015
$945,000
Lakeside Drive LLC
Kc Propco LLC
Grant Deed
$708,750 · Heritage Bk/nv
Dec 31, 2014
—
Kc Propco LLC
Kindercare Learning Centers Ll
Grant Deed
—
Jul 9, 2003
$1,000,000
Kc Propco LLC
Kindercare Learning Centers
Grant Deed
$300,000,000 · Morgan Stanley Mtg Capital INC
Jun 24, 1994
—
Kindercare Learning Centers
—
Deed Of Trust
related
$149,648,813 · Toronto Dominion Bank
—
—
Kindercare Learning Ctrs INC
—
Deed Of Trust
related
—
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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