Property profile

1155 Prater Way Sparks, NV 89431

OFF-MARKET
Medical Office Space
Property ID
US62-0316360
3,025 SF 0.47 ac lot Built 1986
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1986
Construction WOOD
Total area 3,025 SF
Lot 0.47 ac (20,604 SF)
Zoning code MUD
APN 032-091-16
UPID US62-0316360

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
  • Dental Office
  • Dental Office
  • Dental Office

Location

1155 Prater Way Sparks, NV 89431-4438
Sparks metro Census 1904 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2024
Last sale
$1.2M
5 recorded transactions
2024
Price N/A
2024
$1.2M
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MUD · Sparks, NV
Zoning description

These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses on sites. The regulations create mix of uses with an efficient and compact developm…

General category MIXED_USE

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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