1662 VictorianSparks, NV 89431

  • Hospitality properties
  • 10,637 SF
Off market
$4,829,080 Estimated

Property Details for 1662 Victorian

Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 AC
Property size (Sq ft)
10,637 SF
Zone code
MUD
Property type
Hospitality properties
Property subtype
Motels
APN
032-122-26
APU
3212226

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,815,774
    6.5%
    $1,676,099
    7%
    $1,556,378
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,724,052
    Geo Method
    $5,724,052
  • Alternative Use

    Use
    Valuation
    Residential
    $1,829,813
    Hospitality
    $1,676,099
    Educational
    $1,394,495
    Medical
    $1,442,454
    Retail
    $2,169,214
1662 Victorian, Sparks, Nevada
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Location Insight

City
Sparks
County
Washoe
State
Nevada
Latitude
39.5355
Longitude
-119.765
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
$6,652
$69,812
$122,113
$191,925
-
$199,462
$348,894
$548,356

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