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Property profile & analytics
FOR SALE
Office buildings
2225 Green Vista Dr Sparks, NV 89431
Entity Owned
~
Est. High Equity
Property ID
US62-0091953
For Sale
1 / 20
$385,000
2225 Green Vista Dr, Sparks, NV 89431
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
WOOD
Total area
1,260 SF
Lot
0.03 ac (1,199 SF)
Zoning code
PD
APN
026-591-17
UPID
US62-0091953
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
-
iBuumerang Discount Travel Agency Travel Agency
-
FedEx Drop Box Postal Service Courier Service
-
Mitch Harrigan Insurance and Business Services Insurance Agency
-
Charles Held Physician
-
Insure My Pet Nevada Financial Advisor Insurance Agency
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
J&t Holding Company LLC
J&t Holding Company LLC
since 2025
Last sale
$370,000
7 recorded transactions
Zoning & alternative use
PD · 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
$1,692
Tax year 2023
Assessed value
$73,517
Assessed 2023
Previous assessed
$63,999
+14.9% YoY
Effective rate
2.30%
On assessed value
Assessed land
$20,983
Assessed improvement
$52,534
Land market value
$59,950
Improvement market value
$150,096
Total market value
$210,046
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1996
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,260 SF
Lot
0.03 ac (1,199 SF)
Zoning code
PD
APN
026-591-17
UPID
US62-0091953
Jurisdiction
WASHOE
Zoning & alternative use
PD · Sparks, NV
Zoning PD · permitted uses
PD · 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
1996
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
J&t Holding Company LLC
Entity
Mailing address
7545 WHIMBLETON WAY, RENO, NV 89511-1042
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
$370,000
J&t Holding Company LLC
The Victor And Corinna Rameker Rlt
Bargain & Sale Deed
$333,000 · First Citizens Bank & Trust Co
Jun 4, 2021
$235,000
Dorkfish LLC
Jared T Sorensen
Bargain & Sale Deed
$112,500 · Sorensen Family Trust
Dec 2, 2019
—
Sorensen Family Trust
Jared T Sorensen
Quitclaim Deed
related
—
Aug 16, 2019
$185,000
Panama Properties LLC
Jared Sorensen
Bargain & Sale Deed
$145,000 · Wells Fargo Bank NA
Aug 16, 2019
—
Jared Sorensen
Sorensen,april
Quitclaim Deed
related
—
Mar 18, 2003
—
Fargo Atm Collective LLC
Estes,gary K
Quit Claim Deed
related
—
Jul 12, 2002
$10
Gary K Estes
Estes,svetlana Y
Grant Deed
related
—
Apr 17, 2002
$142,000
Gary K Estes
Lazzarone Trust
Grant Deed
—
Oct 25, 1996
$139,000
Dale Lazzarone
Wildcreek Development LLC
Grant Deed
$141,000 · Commerce Loan Co
—
—
Gary K Estes
—
Deed Of Trust
related
$120,000 · Sunwest Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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