You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

126 Victorian Ave Sparks, NV 89431

5,200 SF 0.25 ac lot Built 1961
Entity Owned 7-yr Hold
Property ID
US62-0475146
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5,200 square foot commercial building situated on a 0.25-acre lot at 126 Victorian Avenue in Sparks, Nevada. The property boasts a strong tenant base, currently occupied by a thriving convenience store and a nail salon, ensuring immediate cash flow. Adding to the income potential are six residential units: two two-bedroom, one-bathroom apartments and four one-bedroom, one-bathroom apartments. While the convenience store owner is open to selling their established business, this presents an additional avenue for revenue generation or operational synergy. The property's current rental income is enhanced by the potential for increased returns, as several one-bedroom apartments are currently rented below market value, offering a clear path for value-add improvements. This versatile property is ideal for both investors seeking a stable, high-yield portfolio addition and owner-users looking to combine commercial and residential income streams. The prime location on Victorian Avenue provides excellent visibility and accessibility, further enhancing its appeal and investment potential. The property's diverse income streams and potential for future growth make it a compelling opportunity in the thriving Sparks, Nevada market. This is a rare chance to acquire a well-established, multi-faceted property with significant upside.

Property profile
Verified
Property type Commercial real estate
Year built 1961
Total area 5,200 SF
Lot 0.25 ac (10,890 SF)
UPID US62-0475146
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
Singh 8 LLC · 7 yrs held
Singh 8 LLC
since 2019
2 recorded transactions
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 126 Victorian 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 →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message