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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Super regional malls
1370 Big Fish Dr Ste 110 Sparks, NV 89434-4435
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0760975
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2018
Construction
STEEL FRAME
Total area
6,918 SF
Lot
1.02 ac (44,518 SF)
Zoning code
NUD
APN
037-422-06
UPID
US62-0760975
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
$3.73M
CAP Approach
CAP
$2.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.86M
Owner & transaction history
Viking Properties Sparks LLC · 3 yrs held
Viking Properties Sparks LLC
since 2023
Last sale
$4.7M
6 recorded transactions
Zoning & alternative use
NUD · Sparks, 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 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
$3,620,000
ML approach
$3,725,000
CAP Approach
CAP Return
Estimation
6%
$2,855,000
6.5%
$2,635,000
7%
$2,450,000
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±10% · vs last sale $4.65M (Jul 11 2023)
Last sale anchor
$4.65M
Jul 11 2023
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
$558 / 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
$27,632
Tax year 2023
Assessed value
$820,471
Assessed 2023
Previous assessed
$698,307
+17.5% YoY
Effective rate
3.37%
On assessed value
Assessed land
$303,740
Assessed improvement
$516,731
Land market value
$867,828
Improvement market value
$1,476,373
Total market value
$2,344,201
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,918 SF
Lot
1.02 ac (44,518 SF)
Zoning code
NUD
APN
037-422-06
UPID
US62-0760975
Jurisdiction
WASHOE
Zoning & alternative use
NUD · Sparks, NV
Zoning NUD · permitted uses
NUD · 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.
Building & site characteristics
From public records
Year built
2018
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Viking Properties Sparks LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2132 DWIGHT WAY, ATWATER, CA 95301-9307
Ownership since
2023
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
Jul 11, 2023
$4,654,577
Viking Properties Sparks LLC
Red Sparks Spe LLC
Bargain And Sale Deed
—
Feb 1, 2018
—
Big Sparks LLC
Big Sparks Shops LLC
Quit Claim Deed
$69,030,000 · Big Shopping Centers Ltd
Aug 7, 2017
$5,399,000
Sparks Legends Outlet Shops Ll
Sparks Legends Outlet Shops Ll
Grant Deed
—
Aug 7, 2017
—
Sparks Legends Outlet Shops Ll
—
Loan Modification
related
$9,000,000 · Western Alliance Bk
Jun 28, 2016
—
Sparks Legends Outlet Shops Ll
Sparks Legends Dev INC
Quit Claim Deed
related
—
Jun 24, 2016
—
Sparks Legends Outlethop LLC
—
Deed
related
$9,000,000 · Western National Bank
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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