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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Industrial properties
100 Menezes Way Sparks, NV 89434-7404
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0458399
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Construction
FRAME
Total area
5,744 SF
Lot
1.23 ac (53,448 SF)
Zoning code
I-1
APN
004-121-39
UPID
US62-0458399
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$475k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
T&r Industries LLC · 5 yrs held
T&r Industries LLC
since 2020
Last sale
$790,000
4 recorded transactions
Zoning & alternative use
I-1 · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sparks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sparks submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$445,000
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $790k (Aug 10 2020)
Last sale anchor
$790k
Aug 10 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$134 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,035
Tax year 2023
Assessed value
$178,021
Assessed 2023
Previous assessed
$178,021
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$46,900
Assessed improvement
$131,121
Land market value
$134,000
Improvement market value
$374,632
Total market value
$508,632
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,744 SF
Lot
1.23 ac (53,448 SF)
Zoning code
I-1
APN
004-121-39
UPID
US62-0458399
Jurisdiction
STOREY
Zoning & alternative use
I-1 · Sparks, NV
Zoning I-1 · permitted uses
I-1 · Sparks, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sparks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
T&r Industries LLC
Entity
Mailing address
80 CORPORATE PARK DR, HENDERSON, NV 89074-8701
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2020
$790,000
T&r Industries LLC
Rwr Hodlings LLC
Bargain And Sale Deed
$395,000 · Wells Fargo Bank NA
Dec 20, 2013
—
Edna W Heller
Heller,robert E
Quit Claim Deed
related
—
Dec 20, 2013
$440,000
Rwr Holdings LLC
Heller Trust
Grant Deed
—
Mar 14, 2013
—
Edna W Heller
Heller,robert E
Affidavit Of Death
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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