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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Manufacturing properties
1685 Industrial Way Sparks, NV 89431-6013
Entity Owned
30-yr Hold
~
Est. High Equity
Property ID
US62-0465416
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,092 SF
Lot
1 ac (43,604 SF)
Zoning code
I
APN
034-111-06
UPID
US62-0465416
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
-
Quality Plastics Inc. Factory Production Facility
-
Long Ride Shields Auto Parts Store Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.07M
Owner & transaction history
S & E Properties INC · 30 yrs held
S & E Properties INC
since 1995
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
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
$1.07M
Range $959k – $1.17M · ±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
$53 / 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
$9,335
Tax year 2023
Assessed value
$276,394
Assessed 2023
Previous assessed
$235,890
+17.2% YoY
Effective rate
3.38%
On assessed value
Assessed land
$137,368
Assessed improvement
$139,026
Land market value
$392,481
Improvement market value
$397,217
Total market value
$789,698
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
20,092 SF
Lot
1 ac (43,604 SF)
Zoning code
I
APN
034-111-06
UPID
US62-0465416
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
S & E Properties INC
Entity
Mailing address
1685 INDUSTRIAL WAY, SPARKS, NV 89431-6013
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1995
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
Mar 17, 2017
—
S & E Properties INC
—
Deed
related
$1,425,000 · Bank Of The West
Aug 18, 1995
—
S & E Properties INC
Gardner,guy M & Elizabeth H
Grant Deed
$403,000 · Van Ness Hansen Dds Ltd Pst
Jun 18, 1993
$460,000
Guy M Gardner
Hvr Company
Grant Deed
$253,000 · Manny Trust
—
—
S & E Properties INC
—
Deed Of Trust
related
$686,250 · Pioneer Citizens Bank Nevada
—
—
S & E Properties INC
—
Deed Of Trust
related
$320,000 · Bank Of America
—
—
S & E Properties INC
—
Deed Of Trust
related
$312,751 · Hansen Trust
—
—
S & E Properties INC
—
Deed Of Trust
related
$600,000 · Hansen Family Trust
—
—
S & E Properties INC
—
Deed Of Trust
related
$399,939 · First Independent Bank Nevada
—
—
S & E Properties INC
—
Deed Of Trust
related
$100,000 · Beckstead Trust
—
—
S & E Properties INC
—
Loan Modification
related
$1,039,261 · Western Alliance Bk
—
—
S & E Properties INC
—
Deed Of Trust
related
$750,000 · First Independent Bank Nevada
—
—
S & E Properties INC
—
Deed Of Trust
related
$1,425,000 · Bank Of The West
—
—
S & E Properties INC
—
Deed Of Trust
related
$275,000 · Hansen Family Trust
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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