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    445 Wright Way Sparks, NV 89431

    • Commercial real estate
    • 5,207 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Nemo's Market / Grocery Store

    Property Details for 445 Wright Way

    Year built
    1957
    Lot size
    0.21 lot acres
    Property size
    5,207 SF
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity encompasses a diverse portfolio of properties situated on a single 0.21-acre parcel in Sparks, Nevada. The portfolio includes a triplex featuring one 2-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.749
    Latitude
    39.5397

    Comparable in this City

    • Value Estimation by Request
      5,200 SF

      126 Victorian Ave

      Commercial real estate • 5,200 SF
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      103,466 SF

      Rock Blvd

      SHOW ROOM, WAREHOUSE • 103,466 SF
      Rock Blvd, Sparks, NV 89431
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    • Value Estimation by Request
      1.75 Acres

      2101 Sullivan Ln

      Land • 1.75 Acres
      2101 Sullivan Ln, Sparks, NV 89431
      View Details
    • Value Estimation by Request
      113,759 SF

      Mccarran Blvd. & Pyramid Way

      Restaurants • 113,759 SF
      0 Mccarran Blvd. & Pyramid Way, Sparks, NV 89431
      View Details
    • Value Estimation by Request
      155,471 SF

      410-790 Mccarran Blvd

      Retail properties • 155,471 SF
      410-790 Mccarran Blvd, Sparks, NV 89431
      View Details
    • Value Estimation by Request
      1.69 Acres

      3305 Pyramid Way

      Land • 1.69 Acres
      3305 Pyramid Way, Sparks, NV 89431
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.75 Acres

      Sparks Commercial Land - 1.75 Acres

      Prime Commercial Land, Sparks, NV. C2 Zoning.
      2101 Sullivan Ln, Sparks, NV 89431
      View Details
    • $1,299,000
      3.01 Acres

      Reno Industrial Land - 3 Acres

      Prime industrial land near I-580/395.
      0 Virginia St, Sparks, NV 89431
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    • $670,000
      2,112 SF

      Downtown Sparks Office Building

      Renovated Office Building w/ Studio
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      View Details
    • $2,160,000
      2.37 Acres

      Sparks Multifamily Development Site

      108-unit development opportunity in prime location.
      2302 Oddie Blvd, Sparks, NV 89431
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    • $620,000
      2,070 SF

      Downtown Sparks Commercial Gem

      High-yield potential, prime location.
      910 E St, Sparks, NV 89431
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    • $1,200,000

      Land for Sale in Sparks

      Land available for sale at 2101 Sullivan Ln, Sparks, NV.
      2101 Sullivan Ln, Sparks, NV 89431
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
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      Greenbrae Commons Office Space

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    • $8 SF/Yr
      100,160 SF

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      Sparks Warehouse Space Available

      27,077 square foot warehouse space for rent in Sparks.
      873 Deming Way, Sparks, NV 89431
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    • $9 SF/Yr
      40,040 SF

      Sparks Industrial Space Available

      Industrial property with 40,040 square feet available for lease.
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    • Contact for pricing
      19,655 SF

      Sparks Warehouse Space Available

      Industrial warehouse space available for lease in Sparks, Nevada.
      980 United Cir, Sparks, NV 89431
      View Details
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    445 Wright Way
    Sparks, NV 89431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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