518 Pyramid Way Sparks, NV 89431-5057
Property Lookup
Property profile & analytics
518 Pyramid Way Sparks, NV 89431-5057
- Office buildings
- 3,238 SF
- 0.16 lot acres
Property ID
US62-1309955
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.
Location Intelligence
Current Use by Public Records
- Dr Zeller / Physician
- Family Quick Care Clinic / Physician
Property Details for 518 Pyramid Way
- Year built
- 1927
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 3,238 SF
- Zone code
- MUD
- Property type
- Office buildings
- APN
- 033-241-13
- APU
- 3324113
Description
This exceptional owner-user investment opportunity presents a 3,238 square foot medical office building situated at 518 Pyramid Way in Sparks, Nevada. Built in 1927 and renovated in 1970, this two-story building sits on a lot identified by APN 033-241-13 and is zoned MUD. The asking price is $550,000, translating to $169.86 per square foot. The property features a well-established medical office space, complete with a built-in reception area, an open waiting room, three exam rooms, two restrooms, and a dedicated storage room. Adding to its investment appeal, the building also includes two apartments. One apartment is currently fully leased, providing immediate rental income. The vacant downstairs medical office space presents a significant opportunity for an owner-occupant or an investor seeking to lease to a medical professional. This mixed-use property offers a unique blend of income generation and potential for growth in a desirable Nevada location. The property's history and current configuration make it an attractive option for a variety of medical practices or investors seeking a stable, income-producing asset in the thriving Sparks market. Further details regarding the leased apartment are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $510,000
- ML approach
- $510,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $579,000
Market price range: $579k - $1.28M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $835,000 Current use
- COMMERCIAL (GENERAL)
- $810,000 Change: -3% Conversion: Easy
- AUTO REPAIR, GARAGE
- $755,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Washoe
- State
- Nevada
- Longitude
- -119.753
- Latitude
- 39.5383
- 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
$2,248
$23,750
$41,334
$65,084
-
$67,858
$118,098
$185,956
