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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Day care centers
1200 El Rancho Dr Sparks, NV 89431-4177
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0422401
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1950
Construction
WOOD
Total area
5,406 SF
Lot
0.8 ac (34,800 SF)
Zoning code
MUD
APN
031-012-18
UPID
US62-0422401
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
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Boys And Girls Club Of Truckee Mead · 3 yrs held
Boys And Girls Club Of Truckee Mead
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
MUD · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.8M
+353.4%
Commercial (general)
$1.1M
+191.8%
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
$1,290,000
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,775,000
Change: +353% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,145,000
Change: +192% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.50M (Dec 29 2022)
Last sale anchor
$1.50M
Dec 29 2022
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
$264 / 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
$7,923
Tax year 2023
Assessed value
$222,829
Assessed 2023
Previous assessed
$204,410
+9.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$91,350
Assessed improvement
$131,479
Land market value
$261,000
Improvement market value
$375,653
Total market value
$636,653
Applied tax rate
2,002.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
5,406 SF
Lot
0.8 ac (34,800 SF)
Zoning code
MUD
APN
031-012-18
UPID
US62-0422401
Jurisdiction
WASHOE
Zoning & alternative use
MUD · Sparks, NV
Zoning MUD · permitted uses
MUD · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Boys And Girls Club Of Truckee Mead
Individual
Mailing address
2680 E 9TH ST, RENO, NV 89512-3231
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
$1,500,000
Boys And Girls Club Of Truckee Mead
Nikole Jacobs
Bargain And Sale Deed
—
Aug 26, 2022
—
Nikole Jacobs
Ryan Jones
Quit Claim Deed
related
—
Feb 9, 2022
—
Nikole Jacobs
—
Deed
related
$130,980 · Prestamos Cdfi LLC
May 9, 2018
—
Nikole Jacobs
—
Deed
related
$322,500 · Heritage Bk/nv
Mar 30, 2018
$645,000
Nikole Jacobs
Mama Louisas INC
Grant Deed
$322,500 · Heritage Bk/nv
—
—
Nikole Jacobs
—
Deed Of Trust
related
$267,000 · Nevada St Dev
—
—
Nikole Jacobs
—
Deed Of Trust
related
$322,500 · Heritage Bk/nv
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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