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Property profile & analytics
OFF-MARKET
Estimated value
$7,815,000
Industrial properties
635 Denmark Dr Sparks, NV 89437-4406
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0379621
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2022
Total area
19,520 SF
Lot
4.96 ac (216,058 SF)
Zoning code
I-2
APN
005-101-03
UPID
US62-0379621
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
-
CMC Rebar Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.82M
Owner & transaction history
Golden Opp Investments Operating Ll · 3 yrs held
Golden Opp Investments Operating Ll
since 2022
Last sale
$8.4M
6 recorded transactions
Zoning & alternative use
I-2 · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.0M
+36.7%
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
$6,880,000
ML approach
$7,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,055,000
Current use
RESTAURANT
$11,015,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,755,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$7.82M
Range $7.03M – $8.60M · ±10% · vs last sale $8.37M (Nov 15 2022)
Last sale anchor
$8.37M
Nov 15 2022
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
$400 / 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
$32,139
Tax year 2023
Assessed value
$936,221
Assessed 2023
Previous assessed
$936,221
+0.0% YoY
Effective rate
3.43%
On assessed value
Assessed land
$189,053
Assessed improvement
$747,168
Land market value
$540,150
Improvement market value
$2,134,767
Total market value
$2,674,917
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
2022
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
19,520 SF
Lot
4.96 ac (216,058 SF)
Zoning code
I-2
APN
005-101-03
UPID
US62-0379621
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.1M
RESTAURANT
Est. value
$11.0M
COMMERCIAL (GENERAL)
Est. value
$6.8M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.96 ac
Current owner
From public records · entity-resolved
Golden Opp Investments Operating Ll
Entity
Free & Clear · 3 yrs held
Mailing address
4400 MACARTHUR BLVD STE #900, NEWPORT BEACH, CA 92660-2040
Ownership since
2022
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
Mar 31, 2023
—
Golden Opp Investments Operating Ll
—
Deed
related
$4,000,000 · City National Bank
Nov 15, 2022
$8,370,000
Golden Opp Investments Operating Ll
T Bar Services LLC
Bargain And Sale Deed
—
Mar 23, 2022
—
T Bar Service LLC
Vector Acount LLC
Bargain And Sale Deed
$4,080,000 · First Savings Bank
Mar 18, 2022
$1,200,000
The Vector Account LLC
Express Nevada Corp
Bargain And Sale Deed
—
Oct 22, 2021
$1,200,000
The Vector Account LLC
Express Nevada LLC
Bargain And Sale Deed
—
Feb 14, 2007
$450,971
Express Nevada Corp
Tahoe-reno Indl Center LLC
Grant Deed
—
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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