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Property profile & analytics
OFF-MARKET
Office buildings
1702 G St Sparks, NV 89431-4329
Individually Owned
4-yr Hold
Free & Clear
Property ID
US62-1153968
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1938
Construction
FRAME
Total area
840 SF
Lot
0.19 ac (8,400 SF)
Zoning code
MUD
APN
031-272-24
UPID
US62-1153968
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
-
Yum Yum Vapor & Head Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terry Bruce Hawkinson · 4 yrs held
Terry Bruce Hawkinson
since 2022
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
MUD · 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
—
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
$1,836
Tax year 2023
Assessed value
$51,933
Assessed 2023
Previous assessed
$46,732
+11.1% YoY
Effective rate
3.54%
On assessed value
Assessed land
$24,255
Assessed improvement
$27,678
Land market value
$69,300
Improvement market value
$79,080
Total market value
$148,380
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
2
Bathrooms
1
Total area
840 SF
Lot
0.19 ac (8,400 SF)
Zoning code
MUD
APN
031-272-24
UPID
US62-1153968
Jurisdiction
WASHOE
Zoning & alternative use
MUD · Sparks, NV
Zoning MUD · permitted uses
MUD · 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
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Terry Bruce Hawkinson
Individual
Free & Clear · 4 yrs held
Mailing address
11730 SITKA ST, RENO, NV 89506-9411
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2022
—
Terry Bruce Hawkinson
Terry B Hawkinson
Intrafamily Transfer
related
—
Jan 25, 2013
$150,000
Terry B Hawkinson
Rasmussen,ronald C
Grant Deed
—
Jan 25, 2013
—
Ronald C Rasmussen
Debbie Rasmussen Ma Mft LLC
Quit Claim Deed
related
—
Sep 8, 2008
$315,000
Ronald C Rasmussen
Bear Creek Properties LLC
Bargain And Sale Deed
$236,250 · Us Bank NA
Aug 24, 2004
—
Devin Lebsack
Lebsack,devin W
Quit Claim Deed
related
—
Jul 1, 2004
—
Devin W Lebsack
Lebsack,marilee
Quit Claim Deed
related
—
Jul 1, 2004
$240,000
Devin W Lebsack
Allen & Sousa LLC
Grant Deed
$187,500 · Heritage Bank Nevada
Feb 1, 2002
—
Allen & Sousa LLC
Sousa,ronald D
Quit Claim Deed
related
—
Aug 25, 1993
—
Glenda L Allen
Allen,jud
Quit Claim Deed
related
$26,858 · Firth Trust
—
—
Ronald D Sousa
—
Deed Of Trust
related
$116,000 · Heritage Bank Nevada
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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