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    40 Victorian Ave Sparks, NV 89431-5167
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    Property profile & analytics

    40 Victorian Ave, Sparks, NV 89431-5167

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    • Retail space
    • 9,800 SF
    • 1.78 lot acres
    Off-Market
    Last Sale Mar 13, 2025
    $2,850,000
    Property ID
    US62-0089987
    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
    $3,030,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 4 Wheel Parts-Off Road Truck & Jeep 4x4 Parts / Auto Repair Shop
    • Off Road Warehouse - Sparks, NV - 4x4 Parts & Installation / Auto Parts Store

    Property Details for 40 Victorian Ave

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.78 lot acres
    Zone code
    MUD
    Property type
    Retail space
    APN
    033-316-03
    APU
    3331603

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 27, 2026 — Ironhaus Industries LLC — Deed · related $1.4M · Nevada State Development Corporation
    Jun 13, 2025 $2,850,000 Ironhaus Industries LLC Auggie Nv LLC Bargain & Sale Deed $1.7M · Heritage Bank Of Nevada
    Oct 7, 2019 — Auggie Nv LLC Adler Real Estate Holdings LLC Grant Deed —
    Sep 21, 2012 $925,000 Adler Real Estate Holdings LLC Lithia Real Estate INC Grant Deed —
    Sep 6, 2002 $185,000 Lithia Real Estate INC Donnelly,richard M & Susan K Grant Deed —
    — — Lithia Real Estate INC — Deed Of Trust · related $2M · Bank Of The Cascades

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,775,000
      6.5%
      $3,485,000
      7%
      $3,240,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,182,000
      Market price range: $764k - $4.18M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,625,000
      Current use
      MEDICAL BUILDING
      $3,430,000
      Change: +31% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,235,000
      Change: +23% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,830,000
      Change: +8% Conversion: Difficult
      OFFICE BUILDING
      $2,530,000
      Change: -4% Conversion: Easy
      COMMERCIAL (GENERAL)
      $2,460,000
      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
    -119.744
    Latitude
    39.5353
    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
    $17,878
    $231,847
    $312,235
    $544,082
    -
    $662,420
    $892,100
    $1,554,520
    More about this property
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