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Financial
Distress signals
Property profile

610 Waltham Way Sparks, NV 89437

FOR LEASE
Office buildings
Property ID
US62-1288794
25,370 SF 2.4 ac lot Built 2005
Last sale Feb 2018 · $3,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 25,370-square-foot Class A office building situated on two adjoining parcels totaling nearly 5 acres in the prestigious Tahoe-Reno Industrial Center in Sparks, Nevada. The property, built in 2005 by Devcon Construction, features a modern design with high-end finishes, including a climate-controlled IT room, cafeteria-style break room with patios and BBQ areas, and a generous garage/shop space. The single-tenant building boasts ample parking,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$42k
Tax billed · 2023
Assessed value$1.37M
Assessed land$84k
Assessed improvement$1.28M
Effective rate3.05%

Value estimate

· Oct 2026
$805k
$725k – $886k
CAP approach$5.89M
Submarket $/SF estimate$6.94M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$277/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$181 – $423

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
JurisdictionSTOREY

Location intelligence

Which uses thrive at this corner?

Location

610 Waltham Way Sparks, NV 89437
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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