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Property profile & analytics
OFF-MARKET
Investment properties
306 10th St Sparks, NV 89431-4903
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0529857
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1913
Construction
FRAME
Total area
1,628 SF
Lot
0.96 ac (42,000 SF)
Zoning code
MUD
APN
032-191-17
UPID
US62-0529857
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
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
City Of Sparks · 2 yrs held
City Of Sparks
since 2024
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
$6,263
Tax year 2023
Assessed value
$174,820
Assessed 2023
Previous assessed
$174,820
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$110,250
Assessed improvement
$64,570
Land market value
$315,000
Improvement market value
$184,485
Total market value
$499,485
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1913
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
1
Total area
1,628 SF
Lot
0.96 ac (42,000 SF)
Zoning code
MUD
APN
032-191-17
UPID
US62-0529857
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
1913
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
City Of Sparks
Entity
Free & Clear · 2 yrs held
Mailing address
431 PRATER WAY, SPARKS, NV 89431-4598
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2024
—
City Of Sparks
C Street Vic LLC
Bargain And Sale Deed
—
Jan 25, 2018
$250,000
C Street Vic LLC
Rjm Venutres LLC
Grant Deed
—
Jun 5, 2017
$250,000
Rjm Ventures LLC
Lcg Bourbon Square LLC
Grant Deed
—
May 8, 2015
$3,800,000
Lcg Bourbon Square
Northern Nv Asset Holdings LLC
Grant Deed
$1,800,000 · Northern Nevada Assn Holdings
Aug 17, 2010
—
Northern Nv Asset Holdings LLC
—
Deed Of Trust
related
$1,608,992 · Konami Gaming INC
Apr 26, 2010
$2,500,000
Northern Nv Asset Holdings LLC
Western Title Co LLC
Trustees Deed
related
—
—
—
Northern Nv Asset Holdings LLC
—
Deed Of Trust
related
$2,500,000 · Midnight Rose Hotel & Casino I
—
—
Lcg Bourbon Square LLC
—
Deed Of Trust
related
$1,800,000 · Northern Nevada Asset Holdings
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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