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Property profile & analytics
OFF-MARKET
Manufacturing properties
1193 Solar W Dr Spring Creek, NV 89815
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0920360
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2022
Total area
7,659 SF
Lot
2.37 ac (103,237 SF)
Zoning code
M1
APN
006-30F-007
UPID
US62-0920360
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rory L Sandstrom JR · 5 yrs held
Rory L Sandstrom JR
since 2021
Last sale
$160,000
6 recorded transactions
Zoning & alternative use
M1 · Spring Creek, 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 Spring Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Creek 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,635
Tax year 2024
Assessed value
$253,693
Assessed 2024
Previous assessed
$253,693
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$20,738
Assessed improvement
$232,955
Land market value
$59,251
Improvement market value
$665,586
Total market value
$724,837
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2022
Heating
NONE
Stories
1
Units
2
Total area
7,659 SF
Lot
2.37 ac (103,237 SF)
Zoning code
M1
APN
006-30F-007
UPID
US62-0920360
Jurisdiction
ELKO
Zoning & alternative use
M1 · Spring Creek, NVZoning M1 · permitted uses
M1 · Spring Creek, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
1
Units
2
Lot
2.37 ac
Current owner
From public records · entity-resolved
Rory L Sandstrom JR
Individual
Free & Clear · 5 yrs held
Mailing address
447 MARTIN AVE UNIT #3, SPRING CREEK, NV 89815-9731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
$160,000
Rory L Sandstrom JR
Tim Fitzgerald
Bargain And Sale Deed
—
Dec 28, 2020
$65,000
Tim Fitzgerald
Mullins Kim & Connie F/tr
Grant Deed
—
Dec 27, 2018
$131,000
Mullins,kim & Connie Trust
Guest,ken
Grant Deed
—
Nov 1, 2013
$131,000
Ken Guest
Ricks,ron
Grant Deed
$100,000 · Ron Ricks
Jun 27, 2011
$70,000
Ron Ricks
Ricks,russell & Neva
Grant Deed
related
—
Feb 28, 2005
$60,000
Russell Ricks
Ricks,ronald R
Grant Deed
—
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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