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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Strip malls
1550 Pyramid Way Sparks, NV 89431-3783
Individually Owned
Free & Clear
Property ID
US62-0055958
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2010
Construction
WOOD
Total area
3,424 SF
Lot
0.33 ac (14,288 SF)
Zoning code
C2
APN
033-012-33
UPID
US62-0055958
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
-
Donut Bistro Bakery Discount Store
-
Beauty Boutique Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$414k
Blend (final)
Blend
$640k
Owner & transaction history
State Of Nevada
State Of Nevada
since 2026
7 recorded transactions
Zoning & alternative use
C2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
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
$187 / 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
$7,467
Tax year 2023
Assessed value
$214,657
Assessed 2023
Previous assessed
$188,280
+14.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$57,759
Assessed improvement
$156,898
Land market value
$165,026
Improvement market value
$448,279
Total market value
$613,305
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
3,424 SF
Lot
0.33 ac (14,288 SF)
Zoning code
C2
APN
033-012-33
UPID
US62-0055958
Jurisdiction
WASHOE
Zoning & alternative use
C2 · Sparks, NV
Zoning C2 · permitted uses
C2 · 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
2010
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
State Of Nevada
Individual
Free & Clear · 0 yrs held
Mailing address
5320 BELLAZZA CT, RENO, NV 89519-6156
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
—
State Of Nevada
City Of Sparks
Quitclaim Deed
related
—
Aug 14, 2025
—
State Of Nevada
Bunthin Chheth
Deed
—
Mar 5, 2019
—
Bunthin Chheth
Chheth,bunthang
Quit Claim Deed
related
—
Feb 26, 2019
—
Huong Chuong
Chuong,huong
Quit Claim Deed
related
—
Nov 2, 2016
—
Bunthin Chheth
Chheth,bunthin
Quit Claim Deed
related
—
Mar 17, 2016
—
Bunthin Chheth
Ccheth,bunhov
Quit Claim Deed
related
$200,000 · Private Individual
Jul 1, 2011
—
Bunhov Chheth
Chheth,bunhov
Quit Claim Deed
related
$210,000 · King Family Living Trust
Dec 7, 2010
—
Bunhov Chheth
Chheth,bunthang
Quit Claim Deed
related
—
Jul 2, 2009
—
Bunthang Chheth
Chheth,bunthang
Quit Claim Deed
related
—
Jul 17, 2006
—
Bunthang Chheth
Suncor Holdings-cop II LLC
Grant Deed
related
—
Jun 23, 2006
$300,000
Bumth Chheth
Suncor Holdings-cop II LLC
Grant Deed
—
Dec 27, 2005
$157,500
Suncor Holdings Cop II LLC
Conocophillips Co
Bargain And Sale Deed
$104,865 · Istar Financial INC
Apr 11, 1997
$12,500
Tosco Corp
Union Oil Co California
Grant Deed
—
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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