Property profile

1600 Prater Way Sparks, NV 89431

OFF-MARKET
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Property ID
US62-0048832
1,112 SF 0.24 ac Built 1962
Last sale May 2024·$750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$53k
Assessed land$32k
Assessed improvement$21k
Effective rate3.36%

Value estimate

· Nov 2026
$750k
$675k – $825k
AI approach$750k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$233/SF
ZIP average, outlier-cleaned · 16 recorded sales of this use type
Observed band · Q1–Q3$166 – $361

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MUD
These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses ...
General categoryMIXED_USE
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.2
Shoe Repair8.7
Travel Agency8.4

Location

1600 Prater Way Sparks, NV 89431-4364
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2235 Glendale, Sparks, NV 89431-5517 $2,150,000 Jan 2026 3,000 SF
1405 Prater, Sparks, NV 89431-0908 $310,000 Sep 2024 1,866 SF
965 Glendale, Sparks, NV 89431-5721 $330,000 May 2024 1,848 SF
955 Glendale, Sparks, NV 89431-5721 $575,000 Jul 2021 2,240 SF
1930 Prater, Sparks, NV 89431-4707 $1,100,000 Jun 2021 1,800 SF
215 Prater, Sparks, NV 89431-4674 $1,475,000 Dec 2019 1,401 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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