New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Auto shops
1230 Glendale Ave, Sparks, NV 89431-5602
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0394108
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
METAL FRAME
Total area
4,650 SF
Lot
1.67 ac (72,745 SF)
Zoning code
I
APN
032-302-23
UPID
US62-0394108
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
-
Rain for Rent (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.67M
Owner & transaction history
1230 Glendale Ave LLC · 2 yrs held
1230 Glendale Ave LLC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
I · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+50.2%
Retail stores
$1.2M
+15.1%
Office building
$1.2M
+10.9%
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
$1,670,000
ML approach
$1,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,085,000
Current use
MEDICAL BUILDING
$1,625,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$1,245,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$1,200,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,165,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $1.67M (Feb 9 2024)
Last sale anchor
$1.67M
Feb 9 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
$359 / 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
$9,098
Tax year 2023
Assessed value
$289,728
Assessed 2023
Previous assessed
$289,728
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$240,604
Assessed improvement
$49,124
Land market value
$687,440
Improvement market value
$140,353
Total market value
$827,793
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,650 SF
Lot
1.67 ac (72,745 SF)
Zoning code
I
APN
032-302-23
UPID
US62-0394108
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
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1978
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
1230 Glendale Ave LLC
Entity
Free & Clear · 2 yrs held
Mailing address
800 BRICKELL AVE STE #904, MIAMI, FL 33131-2966
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
$1,670,000
1230 Glendale Ave LLC
Goodstock Nv LLC
Bargain And Sale Deed
—
Oct 17, 2022
—
Goodstock Nv LLC
Billie Suzanne Goodson
Grant Deed
—
Sep 14, 2022
—
Billie Suzanne Goodson
Billie Goodson
Intrafamily Transfer
related
—
Sep 23, 2009
—
F E Choquette LLC
Choquette Family Trust
Quit Claim Deed
—
Aug 19, 1994
$375,000
Choquette,francis E & Florence A
Capurro,atilio &
Trustees Deed
$325,000 · Southwest Exchange C
Aug 19, 1994
—
Choquette Trust
Choquette,franci
Quit Claim Deed
related
—
—
—
Francis E Choquette
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Choquette Trust
—
Deed Of Trust
related
$200,000 · Wells Fargo Bank Nevada
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 1230 Glendale Ave?
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.
