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Property profile & analytics
OFF-MARKET
Auto shops
215 Prater Way Sparks, NV 89431-4674
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-0459948
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1994
Construction
WOOD
Total area
1,401 SF
Lot
0.42 ac (18,121 SF)
Zoning code
MUD
APN
033-152-09
UPID
US62-0459948
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
-
Jiffy Lube Auto Repair Shop
-
Jiffy Lube Auto Centers Auto Repair 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
by Request
Owner & transaction history
Betty A Rooker · 6 yrs held
Betty A Rooker
since 2019
7 recorded transactions
Zoning & alternative use
MUD · 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
—
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
$6,026
Tax year 2023
Assessed value
$172,535
Assessed 2023
Previous assessed
$152,129
+13.4% YoY
Effective rate
3.49%
On assessed value
Assessed land
$88,778
Assessed improvement
$83,757
Land market value
$253,652
Improvement market value
$239,307
Total market value
$492,959
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,401 SF
Lot
0.42 ac (18,121 SF)
Zoning code
MUD
APN
033-152-09
UPID
US62-0459948
Jurisdiction
WASHOE
Zoning & alternative use
MUD · Sparks, NV
Zoning MUD · permitted uses
MUD · 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
1994
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Betty A Rooker
Individual
Mailing address
22350 WHITE PEAKS DR, BEND, OR 97702-9213
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2019
$1,475,000
Betty A Rooker
Silverhorn Properties LLC
Bargain And Sale Deed
$475,000 · Selco Community Cu
Oct 2, 2017
$1,625,000
Silverhorn Properties LLC
Handke,darrel D
Grant Deed
—
Apr 8, 2016
$1,300,000
Darrel D Handke
Waiala Investment Corp
Grant Deed
—
Nov 19, 2010
$1,050,000
Waiala Investment Corp
Marilyn A Hood & Sammie E Hood
Grant Deed
$286,000 · Marilyn A Hood & Sammie E Hood
Jul 9, 2001
—
Marilyn A Fami
Hood Trust
Quit Claim Deed
related
—
Dec 19, 2000
$900,000
Hood Trust
Baruk Properties LLC
Grant Deed
$100,000 · Mid-exchange INC
Jun 28, 1999
$50,000
Baruk Properties Co INC
Q Lube INC
Grant Deed
—
Oct 8, 1993
$309,000
Ba Mtg & Int'l Realty Corp
Bank Of America
Grant Deed
related
—
Aug 13, 1992
$390,189
Security Pacific Bank Nevada
Unknown
Grant 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.
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