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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Industrial properties
55 Silicon Dr Sparks, NV 89434-1541
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0401192
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2009
Construction
FRAME
Total area
14,450 SF
Lot
2.49 ac (108,464 SF)
Zoning code
I-2
APN
005-021-13
UPID
US62-0401192
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
-
Contract Flooring & Interior Services, Inc. Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$732k
Blend (final)
Blend
$775k
Owner & transaction history
Jubilacion De Casas LLC · 11 yrs held
Jubilacion De Casas LLC
since 2015
6 recorded transactions
Zoning & alternative use
I-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$54 / 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
$15,573
Tax year 2023
Assessed value
$483,865
Assessed 2023
Previous assessed
$483,865
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$87,313
Assessed improvement
$396,552
Land market value
$249,467
Improvement market value
$1,133,006
Total market value
$1,382,473
Applied tax rate
122.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
14,450 SF
Lot
2.49 ac (108,464 SF)
Zoning code
I-2
APN
005-021-13
UPID
US62-0401192
Jurisdiction
STOREY
Zoning & alternative use
I-2 · Sparks, NV
Zoning I-2 · permitted uses
I-2 · 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
2009
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Jubilacion De Casas LLC
Entity
Mailing address
3165 COREY DR, RENO, NV 89509-3918
Ownership since
2015
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
Oct 17, 2016
—
Jubilacion De Casas LLC
—
Deed
related
$500,000 · Western Alliance Bank
Jul 2, 2015
$1,100,000
Jubilacion De Casas LLC
Doodle Properties LLC #2
Bargain And Sale Deed
$550,000 · Western Alliance Bank
Dec 16, 2010
$1,475,000
Doodle Properties LLC 2
Rlc Silicon LLC
Grant Deed
$1,106,250 · Nevada State Bank
—
—
Jubilacion De Casas LLC
—
Loan Modification
related
$455,000 · Nevada St Dev
—
—
Jubilacion De Casas LLC
—
Deed Of Trust
related
$461,000 · Nevada St Dev
—
—
Rlc Silicon LLC
—
Deed Of Trust
related
$600,000 · 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.
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