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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Strip malls
171 Disc Dr Sparks, NV 89436-7749
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-0401386
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
WOOD
Total area
4,426 SF
Lot
1.15 ac (50,181 SF)
Zoning code
NUD
APN
510-483-02
UPID
US62-0401386
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
-
Nikos Restaurant
-
GameStop Arcade & Gaming Center Electronics & Wireless Store
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Sparks Galleria Reh LLC · 6 yrs held
Sparks Galleria Reh LLC
since 2019
7 recorded transactions
Zoning & alternative use
NUD · 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
$174 / 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
$16,152
Tax year 2023
Assessed value
$440,919
Assessed 2023
Previous assessed
$450,107
-2.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$149,348
Assessed improvement
$291,571
Land market value
$426,708
Improvement market value
$833,061
Total market value
$1,259,769
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
2006
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,426 SF
Lot
1.15 ac (50,181 SF)
Zoning code
NUD
APN
510-483-02
UPID
US62-0401386
Jurisdiction
WASHOE
Zoning & alternative use
NUD · Sparks, NV
Zoning NUD · permitted uses
NUD · 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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Sparks Galleria Reh LLC
Entity
Mailing address
530 B ST STE #2050, SAN DIEGO, CA 92101-4496
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2019
$36,190,000
Sparks Galleria Reh LLC
Sparks Retail Associates LLC
Trustees Deed
$23,523,500 · Dbr Investments Co Ltd
Oct 9, 2019
$4,460,000
Sparks Galleria Se I Llv
Sparks Retail Associates LLC
Grant Deed
related
—
Aug 30, 2017
—
Sparks Retail Associates LLC
—
Grant Deed
related
$21,996,000 · Mb Fin'l Bk
Nov 27, 2013
$26,200,000
Sparks Retail Associates LLC
Sparks Galleria Center LLC
Bargain And Sale Deed
—
Jun 28, 2013
—
Sparks Galleria Center LLC
Sparks Galleria Investors LLC
Quit Claim Deed
—
Jun 28, 2013
$6,527,000
Sparks Galleria Center LLC
Sparks Galleria Center LLC
Grant Deed
related
$10,000,000 · Wells Fargo Bank
Mar 6, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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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