Technical
Financial
Distress signals
Property profile

1934 Prater Way Sparks, NV 89431

OFF-MARKET
Outlet malls
Property ID
US62-1222173
7,436 SF 0.44 ac lot Built 1954
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1954
Construction WOOD
Total area 7,436 SF
Lot 0.44 ac (19,254 SF)
Zoning code MUD
APN 031-330-04
UPID US62-1222173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1934 Prater Way Sparks, NV 89431-4707
Sparks metro Census 1901 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$580k

Owner & transaction history

since 2024
Last sale
$580,000
3 recorded transactions
2024
Price N/A
2024
$580,000
2001
$225,000

Zoning & alternative use

MUD · Sparks, NV
Zoning description

These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses on sites. The regulations create mix of uses with an efficient and compact developm…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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