Technical
Financial
Distress signals
Property profile

1275 Prater Way Sparks, NV 89434

OFF-MARKET
Commercial land
Property ID
US62-0344355
5.77 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.77 ac (251,341 SF)
Zoning code MUD
APN 037-020-38
UPID US62-0344355

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1275 Prater Way Sparks, NV 89434
Sparks metro Census 3112 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
Price N/A
2024
$1.6M
2024
$4.6M
2019
$3.8M

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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