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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Turn key restaurants
5015 Pyramid Way Sparks, NV 89436-7746
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0417538
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
WOOD
Total area
9,922 SF
Lot
1.29 ac (56,105 SF)
Zoning code
C2
APN
510-381-03
UPID
US62-0417538
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
-
Absolute Dental - Spanish Springs Dental Office
-
Pueblo magico catering Restaurant
-
Los Altos Breakfast Lunch Restaurant
-
Ah Reum Park Dental Office
-
Dr. Robert Houchin Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
Pacatte Properties LLC · 5 yrs held
Pacatte Properties LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C2 · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C2 district provides a mix of retail and other commercial services in concentrated centers that serve the local community, or tourist-oriented uses adjacent to I-80 and the Spanish Springs Valley. It may also include larger retail centers that serve as a regional draw. Single-use or strip center commercial patterns of development are discouraged. Smaller, li…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
258.18 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
$2,125,000
ML approach
$2,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $1.96M (May 18 2021)
Last sale anchor
$1.96M
May 18 2021
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
$204 / 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
$20,970
Tax year 2023
Assessed value
$636,302
Assessed 2023
Previous assessed
$530,031
+20.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$235,591
Assessed improvement
$400,711
Land market value
$673,116
Improvement market value
$1,144,889
Total market value
$1,818,005
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
9,922 SF
Lot
1.29 ac (56,105 SF)
Zoning code
C2
APN
510-381-03
UPID
US62-0417538
Jurisdiction
WASHOE
Zoning & alternative use
C2 · Sparks, NVZoning C2 · permitted uses
C2 · Sparks, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C2 district provides a mix of retail and other commercial services in concentrated centers that serve the local community, or tourist-oriented uses adjacent to I-80 and the Spanish Springs Valley. It may also include larger retail centers that serve as a regional draw. Single-use or strip center commercial patterns of development are discouraged. Smaller, limited use centers should be integrated into the surrounding neighborhood.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
258.18 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Pacatte Properties LLC
Entity
Mailing address
5015 PYRAMID WAY, SPARKS, NV 89436-7746
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2021
$1,960,000
Pacatte Properties LLC
Rialto LLC
Bargain And Sale Deed
$850,000 · Heritage Bank Of Nevada
Nov 4, 2009
—
Rialto LLC
Sstc LLC
Grant Deed
related
—
Apr 8, 2009
—
Rialto LLC
—
Deed Of Trust
related
$6,335,988 · R&n Corp
Sep 30, 2008
—
Sstc LLC
Harrah Dana Fam Trust
Grant Deed
—
Aug 4, 2008
$2,193,000
Harrah Dana Family Trust
Allied Foreclosure Svcs
Trustees Deed
related
—
—
—
Rialto LLC
—
Loan Modification
related
$614,820 · Peoples Bank Of Commerce
—
—
D Four LLC
—
Deed Of Trust
related
$1,960,000 · Harrah Dana Family Trust
—
—
Rialto LLC
—
Deed Of Trust
related
$5,500,000 · Peoples Bk/commerce
—
—
Rialto LLC
—
Deed Of Trust
related
$743,637 · Peoples Bank Of Commerce
—
—
Rialto LLC
—
Loan Modification
related
$627,866 · Peoples Bank Of Commerce
—
—
Rialto LLC
—
Loan Modification
related
$565,840 · Peoples Bk/commerce
—
—
Rialto LLC
—
Loan Modification
related
$565,840 · Peoples Bk/commerce
—
—
D Four LLC
—
Deed Of Trust
related
$1,800,000 · Harrah Dana Trust 006329
—
—
Rialto LLC
—
Deed Of Trust
related
$3,000,000 · Hudson Road LLC
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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