1440 VictorianSparks, NV 89431

  • Hospitality properties
  • 10,608 SF
Off market
$4,025,000 Estimated

Property Details for 1440 Victorian

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.40 AC
Property size (Sq ft)
10,608 SF
Zone code
MUD
Property type
Hospitality properties
Property subtype
Motels
APN
032-134-17
APU
3213417

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,810,824
    6.5%
    $1,671,529
    7%
    $1,552,134
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,708,446
    Geo Method
    $5,708,446
  • Alternative Use

    Use
    Valuation
    Residential
    $1,824,824
    Hospitality
    $1,671,529
    Educational
    $1,390,693
    Medical
    $1,438,521
    Retail
    $2,163,300
1440 Victorian, Sparks, Nevada
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Location Insight

City
Sparks
County
Washoe
State
Nevada
Latitude
39.5352
Longitude
-119.761
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,037
$73,500
$132,896
$206,396
-
$210,000
$379,702
$589,702

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