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Property profile & analytics
OFF-MARKET
Office buildings
444 Pyramid Way Sparks, NV 89431-5053
Individually Owned
~
Est. High Equity
Property ID
US62-1244983
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1938
Construction
FRAME
Total area
1,669 SF
Lot
0.15 ac (6,403 SF)
Zoning code
MUD
APN
033-245-01
UPID
US62-1244983
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
-
State Farm Insurance Agency
-
The Chop Shop (Family Hair Salon) Hair Salon
-
Cute AF Nails Nail Salon
-
Hair By Jackie P Hair Salon
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
State Of Nevada
State Of Nevada
since 2026
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
$1,547
Tax year 2023
Assessed value
$45,808
Assessed 2023
Previous assessed
$40,426
+13.3% YoY
Effective rate
3.38%
On assessed value
Assessed land
$23,419
Assessed improvement
$22,389
Land market value
$66,911
Improvement market value
$63,968
Total market value
$130,879
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
Off-Market
Year built
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
2
Total area
1,669 SF
Lot
0.15 ac (6,403 SF)
Zoning code
MUD
APN
033-245-01
UPID
US62-1244983
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
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
State Of Nevada
Individual
Mailing address
575 E PLUMB LN STE #200, RENO, NV 89502-3540
Ownership since
2026
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
Jan 28, 2026
—
State Of Nevada
City Of Sparks
Quitclaim Deed
related
—
Jul 31, 2025
—
State Of Nevada
By Beck LLC
Deed
—
May 22, 2023
$435,000
By Beck LLC
Jeffrey A Jensby
Grant Deed
$175,000 · Allan Flikkema Etal
Jul 15, 2010
$228,500
Jeffrey A Jensby
Kroshus Family Trust
Grant Deed
$168,500 · State Farm Bank Fsb
Apr 6, 2004
—
Kroshus,tr
Harrison,tr
Grant Deed
related
$160,000 · Harrison Trust
—
—
William W Harrison
—
Deed Of Trust
related
$97,500 · Primerit Bank
—
—
William W Harrison
—
Deed Of Trust
related
$88,337 · Norwest Bank Nevada
—
—
Harrison Trust
—
Deed Of Trust
related
$85,000 · Nevada State 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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