Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,725,000
Warehouses
1080 Linda Way Sparks, NV 89431-6167
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0351593
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,100 SF
Lot
1.87 ac (81,327 SF)
Zoning code
I
APN
034-353-02
UPID
US62-0351593
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
Current use
Occupant on record · Public records
-
Blue Liquid Marine (Bike/Boat/Book/etc) Store
-
XS Power Batteries Warehouse & Storage
-
Aero Speed Delivery Services Courier Service Postal Service
-
Monarch Metal Inc. Metal Fabrication Plant Factory
-
DESERT KNIGHT CDL SCHOOL Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.73M
CAP Approach
CAP
$3.52M
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$3.73M
Owner & transaction history
Dig Reno 250 Cal 1080 Linda LLC · 2 yrs held
Dig Reno 250 Cal 1080 Linda LLC
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
I · 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
$3,725,000
ML approach
$3,725,000
CAP Approach
CAP Return
Estimation
6%
$3,815,000
6.5%
$3,520,000
7%
$3,270,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,645,000
Current use
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±10% · vs last sale $3.73M (Apr 12 2024)
Last sale anchor
$3.73M
Apr 12 2024
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
$128 / 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
$13,545
Tax year 2023
Assessed value
$401,870
Assessed 2023
Previous assessed
$401,870
+0.0% YoY
Effective rate
3.37%
On assessed value
Assessed land
$180,327
Assessed improvement
$221,543
Land market value
$515,219
Improvement market value
$632,980
Total market value
$1,148,199
Applied tax rate
2,000.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
29,100 SF
Lot
1.87 ac (81,327 SF)
Zoning code
I
APN
034-353-02
UPID
US62-0351593
Jurisdiction
WASHOE
Zoning & alternative use
I · Sparks, NV
Zoning I · permitted uses
I · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.6M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
Dig Reno 250 Cal 1080 Linda LLC
Entity
Mailing address
6725 VIA AUSTI PKWY STE #365, LAS VEGAS, NV 89119-3553
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2024
$3,725,592
Dig Reno 250 Cal 1080 Linda LLC
Cal Linda Freeport LLC
Bargain And Sale Deed
$2,133,136 · Cal-linda Freeport LLC
Dec 29, 2023
—
Dig Acquisitions LLC
Cal Linda Freeport LLC
Agreement Of Sale
—
Nov 29, 2018
—
Cal-linda Freeport LLC
—
Grant Deed
related
$2,000,000 · Heritage Bk/nv
Apr 13, 2009
—
Ribeiro Johnny A JR Fam Trust
Ribeiro,johnny A JR
Quit Claim Deed
—
Jun 11, 2001
$3,211,833
Bertha M Moreno Family LP
Arroyo Trust
Grant Deed
—
Jun 11, 2001
—
Arroyo Trust
A & R LP
Grant Deed
related
—
Jun 5, 2001
$157,000
Arroyo Trust
A & R LP
Grant Deed
—
Jun 5, 2001
—
Bertha M Moreno Family LP
Arroyo Trust
Grant Deed
related
—
—
—
Cal-linda Freeport LLC
—
Deed Of Trust
related
$480,000 · Heritage Bk/nv
—
—
Cal Linda Freeport LLC
—
Deed Of Trust
related
$965,000 · Standard Insurance Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1080 Linda Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
