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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
Masters Dr Reno, NV 89511
Entity Owned
8-yr Hold
Free & Clear
Property ID
US62-0644773
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Lot
49.79 ac (2,169,027 SF)
Zoning code
LDR 35% / HDR 58% / GR 7%
APN
152-850-06
UPID
US62-0644773
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
Lucky Star Golf LLC · 8 yrs held
Lucky Star Golf LLC
since 2018
7 recorded transactions
Zoning & alternative use
LDR 35% / HDR 58% / GR 7% · 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
$3,789
Tax year 2023
Assessed value
$260,460
Assessed 2023
Previous assessed
$260,461
0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$81,249
Assessed improvement
$179,211
Land market value
$232,140
Improvement market value
$512,032
Total market value
$744,172
Applied tax rate
4,000.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Heating
NONE
Lot
49.79 ac (2,169,027 SF)
Zoning code
LDR 35% / HDR 58% / GR 7%
APN
152-850-06
UPID
US62-0644773
Jurisdiction
WASHOE
Zoning & alternative use
LDR 35% / HDR 58% / GR 7% · Reno, NV
Zoning LDR 35% / HDR 58% / GR 7% · permitted uses
LDR 35% / HDR 58% / GR 7% · 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
49.79 ac
Current owner
From public records · entity-resolved
Lucky Star Golf LLC
Entity
Free & Clear · 8 yrs held
Mailing address
401 QUAY CMNS PH #1801, SARASOTA, FL 34236-1465
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2018
$4,973,000
Lucky Star Golf LLC
Friends Of Arrowcreek LLC
Grant Deed
—
Oct 16, 2014
—
Friends Ofe Arrowcreek LLC
Aspen Sierra Leasing Co Ltd
Grant Deed
—
Oct 3, 2008
—
Owner Name Unavailable
Arrowcreek Golf Hldgs LLC
Grant Deed
—
Jun 29, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 8, 2003
—
Arrowcreek Golf Holdings LLC
—
Deed Of Trust
related
$8,500,000 · Nell J Redfield Foundation
—
—
Friends Of Arrowcreek LLC
—
Deed Of Trust
related
$1,500,000 · Rwc Family Trust (pt)
—
—
Aspen Sierra Leasing Co Ltd
—
Deed Of Trust
related
$650,000 · Lighthouse Bank
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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