Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Investment properties
1720 Brierley Way Sparks, NV 89434-5822
Trust Owned
19-yr Hold
~
Est. High Equity
Property ID
US62-0367610
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1997
Construction
METAL FRAME
Total area
5,850 SF
Lot
3.67 ac (159,778 SF)
Zoning code
I
APN
037-251-09
UPID
US62-0367610
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
-
BM DETAILING Car Wash
-
Short Tail Coffee Take-out & Catering Cafe & Coffee Shop
-
The Garden Show Radio Station Telecommunications Service
-
Rail City Garden Center Landscaping General Contractor
-
Rail Way Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.27M
Owner & transaction history
Hollis Family Trust · 19 yrs held
Hollis Family Trust
since 2007
7 recorded transactions
Zoning & alternative use
I · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+1.1%
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%
$1,355,000
6.5%
$1,250,000
7%
$1,160,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,025,000
Current use
MEDICAL BUILDING
$2,045,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,930,000
Change: -5% · Conversion: Moderate
RETAIL STORES
$1,780,000
Change: -12% · Conversion: Easy
OFFICE BUILDING
$1,620,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$216 / 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
$10,375
Tax year 2023
Assessed value
$336,011
Assessed 2023
Previous assessed
$279,749
+20.1% YoY
Effective rate
3.09%
On assessed value
Assessed land
$218,097
Assessed improvement
$117,914
Land market value
$623,134
Improvement market value
$336,896
Total market value
$960,030
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1997
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
2
Total area
5,850 SF
Lot
3.67 ac (159,778 SF)
Zoning code
I
APN
037-251-09
UPID
US62-0367610
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.67 ac
Current owner
From public records · entity-resolved
Hollis Family Trust
Trust
Mailing address
145 BLAIR PL, RENO, NV 89509-3916
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2019
—
Lmrk Propco 3 LLC
—
Grant Deed
related
$2,638,000 · Wilmington Tr NA
Dec 18, 2017
—
Hollis Investment II LLC
—
Deed
related
$790,000 · Plumas Bank
Jul 25, 2014
—
Ld Acquisition Co 11 LLC
—
Grant Deed
related
$32,000,000 · Regions Bk
Jan 8, 2007
—
Hollis Family Trust
Hollis,pawl E & Linda A
Quit Claim Deed
related
—
Aug 20, 1996
—
Pawl E Hollis
—
Grant Deed
related
$520,000 · Nevada State Bank
Jan 19, 1996
$275,000
Pawl E Hollis
Roxbury Data Interface Emp Ppt
Grant Deed
$260,000 · Seller
Jun 30, 1993
$145,000
Byron,a Falk Trustee
Sf Pacific Prope
Grant Deed
—
—
—
Ld Acquisition Co 11 LLC
—
Loan Modification
related
$450,000,000 · Suntrust Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1720 Brierley Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
