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    205 Prater Way Sparks, NV 89431-4674
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    Property profile & analytics

    205 Prater Way, Sparks, NV 89431-4674

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    • Retail space
    • 6,000 SF
    • 0.71 lot acres
    Off-Market
    Last Sale Nov 21, 2022
    $1,310,000
    Property ID
    US62-1099574
    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.

    Value Estimations
    $1,235,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rent-A-Center / Electronics & Wireless Store

    Property Details for 205 Prater Way

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.71 lot acres
    Zone code
    MUD
    Property type
    Retail space
    APN
    033-152-08
    APU
    3315208

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 21, 2022 $1,310,000 Thomas J Provasi Seth M Wilen Bargain And Sale Deed —
    Mar 16, 2017 — Seth M Wilen — Deed · related $2.7M · Community Bank
    Oct 26, 2016 — Wilen Family Trust Wilen,seth M Quit Claim Deed · related —
    Oct 9, 2008 $1,600,000 Seth M Wilen Molinaro 1992 Trust Grant Deed $1.1M · Us Bank Trust Co
    Oct 9, 2008 — Seth M Wilen Stewart,emily Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,125,000
      ML approach
      $1,205,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $941,000
      Market price range: $259k - $1.15M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,610,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,980,000
      Change: +23% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,730,000
      Change: +8% Conversion: Difficult
      OFFICE BUILDING
      $1,550,000
      Change: -4% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,505,000
      Change: -6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.74
    Latitude
    39.5415
    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
    $10,144
    $151,699
    $137,158
    $288,857
    -
    $433,426
    $391,881
    $825,307
    More about this property
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