Property valuation of Terminal Way, Reno, NV: 1281, 1465, 1475, 1535, 1981 (tax assessments)


Listed properties vs overall distribution of properties in Reno, NV:

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1281 Terminal Way
    Reno, NV
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Owner: AIRPORT CENTER PROPERTIES LLC
Appraised land value: $490,050 (it was $522,720 in 2010)
Appraised building value: $709,950 (it was $999,980 in 2010)
Total appraised value for property: $1,200,000 (it was $1,522,700 in 2010)

Buildings:
  • Building type: Office Building
    Quality: Avg
    Original construction year: 1973
    Weighted average construction year: 1973
    Number of units: 1
    Number of stories: 2.00
    Exterior walls type: Conc Blk Slp
    Heating/cooling type: Package Unit

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $40,648
    Square foot or number of units: 36,000
  • Additive type: Yard Improvements
    Cost: $7,743
    Square foot or number of units: 15
  • Additive type: Parking Lot Lt 24' One Fixture
    Cost: $2,018
    Square foot or number of units: 2
  • Additive type: Concrete Curb 6", No Gutter
    Cost: $1,141
    Square foot or number of units: 250
  • Additive type: Flatwork Concrete
    Cost: $423
    Square foot or number of units: 200

Subarea information:
  • Sub-area type: Gross Building Area
    Area: 29,172 square feet
Building area: 29,172 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: General Commercial: Retail, Mixed, Parking, School
Land area: 65,340 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 04/01/1973
    Price: $850,000
  • Sale date: 11/21/2008
    Price: $4,185,417
    Verification type: Grantee-Grantor The Same
  • Sale date: 03/04/2011
    Price: $2,400,000
    Verification type: Grantee-Grantor The Same
1465 Terminal Way
    Reno, NV
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Owner: MILLER FAMILY TRUST ET AL
Appraised land value: $372,435 (it was $397,264 in 2010)
Appraised building value: $277,565 (it was $629,339 in 2010)
Total appraised value for property: $650,000 (it was $1,026,603 in 2010)

Buildings:
  • Building type: Office Building
    Quality: Avg
    Original construction year: 1979
    Weighted average construction year: 1979
    Number of units: 1
    Number of stories: 1.00
    Exterior walls type: Stud-Brick
    Secondary exterior walls type: Curtain-Mtl
    Heating/cooling type: Package Unit

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $47,209
    Square foot or number of units: 33,000
  • Additive type: Sun Room
    Cost: $43,661
    Square foot or number of units: 1,141
  • Additive type: Yard Improvements
    Cost: $9,705
    Square foot or number of units: 15
  • Additive type: Concrete Curb 6", 1' Gutter
    Cost: $3,452
    Square foot or number of units: 450
  • Additive type: Flatwork Concrete
    Cost: $2,649
    Square foot or number of units: 1,100
  • Additive type: Wall Concrete Block
    Cost: $460
    Square foot or number of units: 75

Subarea information:
  • Sub-area type: Gross Building Area
    Area: 9,797 square feet
  • Sub-area type: Basement Unfinished - Commercial
    Area: 1,260 square feet
  • Sub-area type: Canopy Wood
    Area: 1,008 square feet
  • Sub-area type: Porch Concrete Slab
    Area: 63 square feet
  • Sub-area type: Porch Roof Wood
    Area: 63 square feet
Building area: 9,797 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: General Commercial: Retail, Mixed, Parking, School
Land area: 49,658 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 08/09/1999
    Price: $1,066,000
    Verification type: Multiple Parcel Svl
  • Sale date: 05/01/2006
    Price: $1,251,300
    Verification type: Multiple Parcel Conditional (Mixed Use)
1475 Terminal Way
    Reno, NV
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Owner: MILLER FAMILY TRUST ET AL
Appraised land value: $504,260 (it was $537,877 in 2010)
Appraised building value: $345,740 (it was $741,232 in 2010)
Total appraised value for property: $850,000 (it was $1,279,109 in 2010)

Buildings:
  • Building type: Office Building
    Quality: Avg
    Original construction year: 1978
    Weighted average construction year: 1978
    Number of units: 1
    Number of stories: 1.00
    Exterior walls type: Stud-Brick
    Secondary exterior walls type: Curtain-Mtl
    Heating/cooling type: Package Unit

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $32,133
    Square foot or number of units: 23,000
  • Additive type: Yard Improvements
    Cost: $9,378
    Square foot or number of units: 15
  • Additive type: Flatwork Concrete
    Cost: $6,762
    Square foot or number of units: 3,139
  • Additive type: Concrete Curb 6", 1' Gutter
    Cost: $3,336
    Square foot or number of units: 450
  • Additive type: Trash Enclosure Concrete Block Wall
    Cost: $1,853
    Square foot or number of units: 144

Subarea information:
  • Sub-area type: Gross Building Area
    Area: 15,159 square feet
Building area: 15,159 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Offices, Professional And Business, Banks, Etc.
Land area: 64,033 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 12/01/1972
    Price: $215,500
  • Sale date: 10/01/1988
    Price: $750,000
  • Sale date: 11/19/1999
    Price: $1,500,000
    Verification type: Good Verified Sale
  • Sale date: 05/01/2006
    Price: $1,658,700
    Verification type: Good Conditional
1535 Terminal Way
    Reno, NV
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Owner: KAMWAL & RITU KHERA
Appraised land value: $380,772 (it was $406,157 in 2010)
Total appraised value for property: $380,772 (it was $406,157 in 2010)
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Vacant, Commercial
Land area: 48,352 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 10/16/2003
    Price: $351,082
    Verification type: Verified With Questionable Conditions
  • Sale date: 06/17/2005
    Price: $725,000
    Verification type: Good Conditional
  • Sale date: 04/22/2015
    Price: $512,500
    Verification type: Typically Verified By Declaration
1981 Terminal Way
    Reno, NV
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Owner: MATLEY ENTERPRISES LLC ET AL
Appraised land value: $1,539,846 (it was $1,649,835 in 2010)
Appraised building value: $8,161,702 (it was $8,064,849 in 2010)
Total appraised value for property: $9,701,548 (it was $9,714,684 in 2010)

Buildings:
  • Building type: Motel
    Property name: Airport Plaza
    Quality: Avg/Abv Avg
    Original construction year: 1982
    Weighted average construction year: 1982
    Number of units: 270
    Number of stories: 3.00
    Exterior walls type: Stud-Stucco
    Secondary exterior walls type: Stud-Wd Sid
    Heating/cooling type: Wall Heat Pump
    Second heating/cooling type: Package Unit

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $154,676
    Square foot or number of units: 130,000
  • Additive type: Parking Lot Lighting
    Cost: $39,494
    Square foot or number of units: 130,000
  • Additive type: Pool Gunite
    Cost: $31,055
    Square foot or number of units: 962
  • Additive type: Flatwork Concrete
    Cost: $29,557
    Square foot or number of units: 14,000
  • Additive type: Sauna 3-5 Person
    Cost: $25,551
    Square foot or number of units: 200
  • Additive type: Flatwork Stone
    Cost: $20,406
    Square foot or number of units: 2,728
  • Additive type: Yard Improvements
    Cost: $14,249
    Square foot or number of units: 20
  • Additive type: Spa Gunite
    Cost: $9,116
    Square foot or number of units: 1
  • Additive type: Wrought Iron Fence-Ave
    Cost: $7,365
    Square foot or number of units: 1,000
  • Additive type: Trash Enclosure Concrete Block Wall
    Cost: $6,597
    Square foot or number of units: 450
  • Additive type: Concrete Curb 6", No Gutter
    Cost: $6,301
    Square foot or number of units: 1,000
  • Additive type: Parking Lot Bumpers
    Cost: $3,890
    Square foot or number of units: 1,080
  • Additive type: Flatwork Tile
    Cost: $2,860
    Square foot or number of units: 400
  • Additive type: Pump House Q3 - Average
    Cost: $1,644
    Square foot or number of units: 144
  • Additive type: Fireplace Gas Single 1-Story
    Cost: $1,643
    Square foot or number of units: 1

Subarea information:
  • Sub-area type: Gross Building Area
    Area: 161,348 square feet
  • Sub-area type: Canopy Metal
    Area: 2,728 square feet
  • Sub-area type: Porch Enclosed
    Area: 192 square feet
Building area: 161,348 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Commercial Hotel Or Motel
Land area: 219,978 square feet
Assessments for tax year: 2015
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