Property profile

1040 El Rancho Dr Sparks, NV 89431

OFF-MARKET
Individual retail properties
Property ID
US62-0456880
3,761 SF 0.21 ac lot Built 1987
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1987
Construction WOOD
Total area 3,761 SF
Lot 0.21 ac (9,083 SF)
Zoning code PO
APN 031-012-15
UPID US62-0456880

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • (Bike/Boat/Book/etc) Store

Location

1040 El Rancho Dr Sparks, NV 89431-8301
Sparks metro Census 1901 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2016
5 recorded transactions
2016
$350,000
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PO · Sparks, NV
Zoning description

PO district provides office uses in the urbanized area, particularly in the vicinity of clinics, hospitals, commercial activities and major streets. This also provides a transitional land use between single family and co…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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