Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Strip malls
435 Sparks Blvd Sparks, NV 89434-9002
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0452028
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2015
Construction
WOOD
Total area
4,848 SF
Lot
0.7 ac (30,595 SF)
Zoning code
NUD
APN
037-400-12
UPID
US62-0452028
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
-
Dunkin' Cafe & Coffee Shop
-
everbowl (Bike/Boat/Book/etc) Store Take-out & Catering
-
European Wax Center Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.70M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
Eidex Family Partners LP · 1 yrs held
Eidex Family Partners LP
since 2024
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
NUD · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
New Urban District
General category
UNKNOWN
Zone area
6,798.11 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$2,700,000
ML approach
$2,700,000
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,850,000
7%
$1,715,000
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±10% · vs last sale $2.70M (Sep 17 2024)
Last sale anchor
$2.70M
Sep 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$557 / SF
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
$16,208
Tax year 2023
Assessed value
$483,972
Assessed 2023
Previous assessed
$483,972
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$208,811
Assessed improvement
$275,161
Land market value
$596,602
Improvement market value
$786,175
Total market value
$1,382,777
Applied tax rate
2,002.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
4,848 SF
Lot
0.7 ac (30,595 SF)
Zoning code
NUD
APN
037-400-12
UPID
US62-0452028
Jurisdiction
WASHOE
Zoning & alternative use
NUD · Sparks, NVZoning NUD · permitted uses
NUD · Sparks, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
New Urban District
General category
UNKNOWN
Zone area
6,798.11 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Eidex Family Partners LP
Entity
Mailing address
212 HIDEAWAY CT STE #260, DANVILLE, CA 94526-1835
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2024
$2,700,000
Eidex Family Partners LP
Legends At Sparks Venture LLC
Bargain And Sale Deed
$1,000,000 · Bank Of The Orient
May 24, 2024
$27,000,000
Legends At Sparks Venture LLC
Sparks Grf2 LLC
Bargain And Sale Deed
$17,650,000 · Rra Real Estate Debt Fund III Subsidiary
May 3, 2016
$29,800,000
Sparks Grf2 LLC
Sparks Legends Dev INC
Grant Deed
$19,370,000 · Bank Of America
—
—
Sparks Legends Dev INC
—
Deed Of Trust
related
$59,760,000 · Keybank Nat'l Assn/edgewood
—
—
Sparks Legends Dev INC
—
Deed Of Trust
related
$15,000,000 · Western Alliance Bk
—
—
Sparks Legends Dev INC
—
Deed Of Trust
related
$72,500,000 · Key Bank & Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 435 Sparks Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
