Financial
Distress signals
Property profile

397 Greg St Sparks, NV 89431

OFF-MARKET
Other industrial properties
Property ID
US62-1306443
12,250 SF 1.57 ac lot Built 1977
Last sale Oct 2024 · $3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A flex/industrial property located at 397 Greg St in Sparks, Nevada. The building contains approximately 1,399 square feet of interior space configured for flex/industrial uses suitable for a variety of business operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$432k
Assessed land$233k
Assessed improvement$199k
Effective rate3.38%

Value estimate

· Sep 2026
$3.40M
$3.06M – $3.74M
AI approach$3.40M
Submarket $/SF estimate$4.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$289/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$206 – $555

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.7
Parking Facility10.2
Laundry Service8.6

Location

397 Greg St Sparks, NV 89431-6205
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1055 Greg, Sparks, NV 89431-6027 $817,102 Feb 2026 10,000 SF
210 Coney Is, Sparks, NV 89431-6314 $2,650,000 Jul 2025 11,840 SF
1002 Ave Of The Oaks, Sparks, NV 89431-4929 $1,920,000 Jun 2025 8,223 SF
680 Glendale, Sparks, NV 89431-5811 $3,077,000 May 2025 11,200 SF
1615 Marietta, Sparks, NV 89431-6068 $2,000,000 Oct 2024 15,374 SF
360 Freeport, Sparks, NV 89431-6224 $7,329,577 Apr 2024 18,480 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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