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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Motels
60 Victorian Ave Sparks, NV 89431-5407
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0367563
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1981
Construction
WOOD
Total area
33,756 SF
Lot
1.64 ac (71,569 SF)
Zoning code
MUD
APN
033-391-03
UPID
US62-0367563
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
-
Hotel Reno Hotel & Motel
-
Windsor Inn Hotel & Motel
-
Kings berry grade Rest Stop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.95M
Owner & transaction history
Windsor Inn LLC · 2 yrs held
Windsor Inn LLC
since 2024
7 recorded transactions
Zoning & alternative use
MUD · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses on sites. The regulations create mix of uses with an efficient and compact development pattern that encourages shared parking and economical use of land. Higher density and intensity is transitioned away from established ne…
Zone name
Mixed Use District
General category
MIXED_USE
Zone area
836.03 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,175,000
6.5%
$2,930,000
7%
$2,720,000
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±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
$87 / 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
$25,434
Tax year 2023
Assessed value
$728,649
Assessed 2023
Previous assessed
$728,649
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$214,170
Assessed improvement
$514,479
Land market value
$611,915
Improvement market value
$1,469,940
Total market value
$2,081,855
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
3
Units
89
Total area
33,756 SF
Lot
1.64 ac (71,569 SF)
Zoning code
MUD
APN
033-391-03
UPID
US62-0367563
Jurisdiction
WASHOE
Zoning & alternative use
MUD · Sparks, NVZoning MUD · permitted uses
MUD · Sparks, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses on sites. The regulations create mix of uses with an efficient and compact development pattern that encourages shared parking and economical use of land. Higher density and intensity is transitioned away from established neighborhoods
Zone name
Mixed Use District
General category
MIXED_USE
Zone area
836.03 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
89
Lot
1.64 ac
Current owner
From public records · entity-resolved
Windsor Inn LLC
Entity
Free & Clear · 2 yrs held
Mailing address
70 AUTUMN LN, RENO, NV 89511-6627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
Windsor Inn LLC
Americas Best Travel Inn LLC
Correction Deed
related
—
Sep 27, 2017
—
Americas Best Travel Inn LLC
Singh,baljit
Grant Deed
related
—
Dec 8, 2014
—
Baljit|grewal Manjit K Singh
Singh,baljit
Quit Claim Deed
related
—
Jul 25, 2013
—
Baljit Singh
Grewal,manjit K
Quit Claim Deed
related
—
Jul 25, 2013
$1,450,000
Baljit Singh
Bank Of America NA
Bargain And Sale Deed
$725,000 · Heritage Bank Of Nevada
Dec 12, 2012
—
Bank Of America
Chrissani Family Trust
Deed In Lieu Of Foreclosure
related
—
Mar 19, 2008
$4,000,000
Chrissani Family Trust
Epic Futures LLC
Grant Deed
$3,000,000 · First Republic Bank
Dec 11, 2003
$2,630,000
Epic Futures LLC
Premier Lodging & Design Group
Grant Deed
$1,315,000 · Silver State Bank
Jul 18, 2003
—
Premier Lodging & Design Group
—
Deed Of Trust
related
$1,700,000 · Northern Nevada Bank
Apr 20, 2001
—
Premier Lodging & Design Group
Kengle,kim K
Grant Deed
related
—
Mar 30, 2001
$1,392,000
Gal Sal Company Business Trust
Sparks Ninety
Grant Deed
—
Mar 30, 2001
$2,033,000
Kim K Kengle
Sparks Ninety
Grant Deed
$1,309,477 · Northern Nevada Bank
Aug 7, 1998
$5,000
Qm Corp
Bryant,william F
Quit Claim Deed
related
—
Oct 22, 1997
$1,000
Q M Corp
Q M Corp
Grant Deed
related
—
—
—
Baljit Singh
—
Deed Of Trust
related
$542,000 · Nevada State Development Corp
—
—
Epic Futures LLC
—
Deed Of Trust
related
$813,000 · Nevada State Development Corp
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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