Property profile

527 Prater Way Sparks, NV 89431

OFF-MARKET
Strip malls
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Property ID
US62-0215106
23,183 SF 1.76 ac Built 1980
Last sale Oct 2023·$9,259,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$691k
Assessed land$316k
Assessed improvement$374k
Effective rate3.13%

Value estimate

· Nov 2026
$8.34M
$7.50M – $9.17M
AI approach$8.13M
CAP approach$8.84M
Submarket $/SF estimate$11.88M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$759/SF
Submarket average, outlier-cleaned · 16 recorded sales of this use type
Observed band · Q1–Q3$360 – $2,100

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?
MUD
These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses ...
General categoryMIXED_USE
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm31.3
Realty agency19.3
Parking Facility13.2

Location

527 Prater Way Sparks, NV 89431-4685
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2244 Oddie, Sparks, NV 89431-7574 $7,611,635 Jul 2023 65,067 SF
2302 Oddie, Sparks, NV 89431-2770 $5,900,000 Apr 2022 12,480 SF
2211 Oddie, Sparks, NV 89431-7573 $4,900,000 Apr 2022 9,714 SF
640 Mccarran, Sparks, NV 89431-4600 $15,800,000 Dec 2020 28,164 SF
520 Mccarran, Sparks, NV 89431-5278 $15,800,000 Dec 2020 52,630 SF
410 Mccarran, Sparks, NV 89431-5277 $15,800,000 Dec 2020 9,000 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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