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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office buildings
4864 Sparks Blvd Ste 100 Sparks, NV 89436-8153
Entity Owned
~
Est. High Equity
Property ID
US62-0401387
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
2,972 SF
Lot
0.08 ac (3,377 SF)
Zoning code
C2
APN
516-470-36
UPID
US62-0401387
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
$690k
Comparable Approach
Comparable
$766k
Blend (final)
Blend
$625k
Owner & transaction history
Akaash LLC
Akaash LLC
since 2026
7 recorded transactions
Zoning & alternative use
C2 · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+26.3%
Commercial (general)
$1.0M
+24.9%
Retail stores
$905,000
+9.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$825,000
Current use
MEDICAL BUILDING
$1,040,000
Change: +26% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,030,000
Change: +25% · Conversion: Easy
RETAIL STORES
$905,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$665,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$210 / 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
$7,486
Tax year 2023
Assessed value
$202,234
Assessed 2023
Previous assessed
$202,234
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$52,010
Assessed improvement
$150,224
Land market value
$148,600
Improvement market value
$429,212
Total market value
$577,812
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
2006
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
2,972 SF
Lot
0.08 ac (3,377 SF)
Zoning code
C2
APN
516-470-36
UPID
US62-0401387
Jurisdiction
WASHOE
Zoning & alternative use
C2 · Sparks, NV
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$825,000
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$665,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Akaash LLC
Entity
Mailing address
5555 FLOWERING SAGE TRL, RENO, NV 89511-4303
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 6, 2026
—
Akaash LLC
Akaash LLC
Deed
related
—
Dec 30, 2024
—
Nitesh D Kuhadiya M D Mph PLLC
Akaash LLC
Deed
$946,000 · California Statewide Certifield Developm
Feb 28, 2024
$1,650,000
Ash LLC
Imperium 8 LLC
Bargain And Sale Deed
$1,150,000 · Plumas Bank
Jul 15, 2021
$963,918
Imperium 8 LLC
Velocity Ventures Group LLC
Deed
—
Jun 25, 2021
—
Velocity Ventures Group LLC
—
Deed
related
$1,395,000 · Tri Counties Bank
Aug 31, 2016
$674,500
Velocity Ventures Group LLC
Tag Vineyard LLC
Grant Deed
$977,500 · Bank Of The West
Jul 27, 2015
$1,133,000
Tag Vineyard LLC
Vineyard Professionals Campus
Grant Deed
—
Mar 31, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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.
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