Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    200 Prater Way Sparks, NV 89431-7601

    • Drive through restaurants
    • 2,685 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $3,475,000
    Last Sale
    Apr 24, 2025
    $4,558,000
    Location Intelligence
    Property ID
    US62-0423898
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taco Bell / Fast Food Restaurant / Burrito Restaurant

    Property Details for 200 Prater Way

    Year built
    2015
    Construction
    WOOD
    Lot size
    0.62 lot acres
    Property size
    2,685 SF
    Zone code
    C2
    Property type
    Drive through restaurants
    APN
    033-141-46
    APU
    3314146

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.739
    Latitude
    39.5423
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,776
    $132,761
    $238,131
    $370,892
    -
    $379,316
    $680,375
    $1,059,691

    Comparable in this City

    • Value Estimation
      $490,000
      4,495 SF

      2905 Mccarran Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,495 SF
      2905 Mccarran Blvd, Sparks, NV 89431-1883
      View Details
    • Value Estimation
      $340,000
      1,951 SF

      2201 Prater Way

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,951 SF
      2201 Prater Way, Sparks, NV 89431-4714
      View Details
    • Value Estimation
      $340,000
      1,200 SF

      225 Mccarran Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,200 SF
      225 Mccarran Blvd, Sparks, NV 89431-5439
      View Details
    • Value Estimation
      $1,385,000
      2,929 SF

      470 Mccarran Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,929 SF
      470 Mccarran Blvd, Sparks, NV 89431-5277
      View Details
    • Value Estimation
      $665,000
      1,296 SF

      1356 Prater Way

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,296 SF
      1356 Prater Way, Sparks, NV 89431-0905
      View Details
    • Value Estimation by Request
      2,316 SF

      275 Mccarran Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,316 SF
      275 Mccarran Blvd, Sparks, NV 89431-5439
      View Details

    Similar Nearby for Sale

    • $4,250,000
      10,000 SF

      Retail Building at Major Intersection

      Retail building with dental office and sushi restaurant tenants.
      685 E Prater Way, Sparks, NV 89431
      View Details
    • $850,000
      2,354 SF

      Victorian Saloon Prime Retail Frontage

      Historic bar with prime frontage and entertainment space.
      910 Victorian Ave, Sparks, NV 89431
      View Details
    • $1,500,000
      23,958 SF

      Retail Property in Sparks, Nevada

      Retail property available for sale in Sparks, Nevada.
      651 N Mccarran Blvd, Sparks, NV 89431
      View Details
    • $749,999
      2,440 SF

      Sparks Mixed-Use Development Opportunity

      Commercial and residential property near Rail City Casino.
      1921 Victorian Ave, Sparks, NV 89431
      View Details
    • $1,400,000
      6,472 SF

      High-Visibility Commercial Property Dual Frontage

      Versatile property with entrances on two major streets.
      1657 Prater Way, Sparks, NV 89431
      View Details
    • Contact for pricing
      1.75 Acres

      Sparks Commercial Land - 1.75 Acres

      Prime Commercial Land, Sparks, NV. C2 Zoning.
      2101 Sullivan Ln, Sparks, NV 89431
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      4,390 SF

      Sparks Retail Space For Lease

      4,390 SF street-front retail space, ideal for restaurant use.
      2200 Victorian Ave, Sparks, NV 89431
      View Details
    • Contact for pricing
      113,759 SF

      Sparks Mercantile Retail Spaces

      Prime Sparks retail, multiple suites available
      0 Mccarran Blvd. & Pyramid Way, Sparks, NV 89431
      View Details
    • $1.25 SF/Yr
      81,247 SF

      Restaurant Retail Space Available

      Retail space built out as a restaurant for lease.
      2300-2360 Oddie Blvd, Sparks, NV 89431
      View Details
    • $2.00 SF/Yr
      1,331 SF

      Retail Space on Victorian Avenue

      Prime end-unit retail space in high-traffic Sparks location.
      1746 Victorian Ave, Sparks, NV 89431
      View Details
    • $12 SF/Yr
      4,450 SF

      Retail Space on Prater Way

      Retail space available for lease in Sparks, Nevada.
      550-668 E Prater Way, Sparks, NV 89431
      View Details
    • $11,300,000
      2,079 SF

      Retail Space in Sparks, Nevada

      Retail spaces available in Sparks, anchored by Walgreens and grocery store.
      2125-2285 Oddie Blvd, Sparks, NV 89431
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Prater Way
    Sparks, NV 89431-7601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.