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Property profile & analytics
OFF-MARKET
Estimated value
$16,575,000
Warehouses
1455 Kleppe Ln Sparks, NV 89431-6467
Entity Owned
Free & Clear
Property ID
US62-0323093
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
200,722 SF
Lot
15.52 ac (676,138 SF)
Zoning code
I
APN
034-163-08
UPID
US62-0323093
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
-
Spot Devices Inc Electronics & Wireless Store
-
Cirrus Systems LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Brita Hydration Station Department Store
-
Water Security Corporation Security Service
-
Haws Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.58M
Owner & transaction history
Traynor Properties LLC
Traynor Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
I · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$83 / 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
$129,135
Tax year 2023
Assessed value
$3,863,862
Assessed 2023
Previous assessed
$3,265,032
+18.3% YoY
Effective rate
3.34%
On assessed value
Assessed land
$1,301,566
Assessed improvement
$2,562,296
Land market value
$3,718,759
Improvement market value
$7,320,847
Total market value
$11,039,606
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
200,722 SF
Lot
15.52 ac (676,138 SF)
Zoning code
I
APN
034-163-08
UPID
US62-0323093
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.
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
15.52 ac
Current owner
From public records · entity-resolved
Traynor Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1455 KLEPPE LN, SPARKS, NV 89431-6467
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
Traynor Properties LLC
Edward White
Bargain & Sale Deed
—
Jan 31, 2019
$7,149,333
Traynor-kleppe Trust
Traynor M & K Trust
Grant Deed
$6,433,333 · Michael & Traynor Rev Tr (rt)
Dec 31, 2018
—
Traynor-kleppe Trust
Traynor,m & K Tr (rt)
Quit Claim Deed
—
Jan 6, 2011
—
Kilroy Family Trust
S R H Family Trust
Grant Deed
related
—
Jan 3, 2011
$1,137,500
Kilroy Brian & S Fam Trust
S R H Family Trust
Grant Deed
—
Jan 3, 2011
$2,047,500
Traynor Michael & Karen Trust
Haws 1992 Trust
Grant Deed
—
Jan 3, 2011
$1,365,000
Traynor Michael & Karen Trust
Haws Terry R & J M Trust
Grant Deed
—
Dec 20, 2010
$900,000
White Tom & Jill Family Trust
Haws Co
Quit Claim Deed
related
$899,531 · Haws Corp
Dec 7, 2010
—
S R H Family Trust
Haws,sallie R
Grant Deed
related
—
Jun 24, 2002
—
Sallie R Haws
Van Tassel,mark D
Quit Claim Deed
related
—
Nov 14, 1996
$5,000
Traynor Trust
Haws Co
Quit Claim Deed
related
—
Nov 14, 1996
$6,623,500
Traynor Trust
Haws Co
Trustees Deed
$1,736,125 · Seller
—
—
Mark D Van Tassel
—
Deed Of Trust
related
$899,531 · Haws Co
—
—
Mark D Van Tassel
—
Deed Of Trust
related
$47,344 · Haws Trust
—
—
Haws Corp
—
Deed Of Trust
related
$27,000,000 · Mcg Capital Corp
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
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