Technical
Financial
Distress signals
Property profile

600 Prater Way Sparks, NV 89431

OFF-MARKET
Turn key restaurants
Property ID
US62-0392174
10,500 SF 1.06 ac lot Built 1976
Entity Owned 23-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,500 SF
Lot 1.06 ac (46,217 SF)
Zoning code MUD
APN 033-151-20
UPID US62-0392174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 Prater Way Sparks, NV 89431-4680
Sparks metro Census 3001 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
$706k
Blend (final) Blend
$335k

Owner & transaction history

since 2003
2 recorded transactions
2003
$1.4M
2001
Price N/A

Zoning & alternative use

MUD · Sparks, NV
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 developm…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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