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Property profile & analytics
OFF-MARKET
Specialty properties
700 Baring Blvd Sparks, NV 89434-1507
Entity Owned
11-yr Hold
Free & Clear
Property ID
US62-0085717
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1981
Construction
WOOD
Total area
5,686 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C1
APN
036-031-05
UPID
US62-0085717
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
-
Baring Boulevard Veterinary Hospital: Davidson Ben DVM Veterinary Clinic
-
Burnett Andy S DVM Veterinary Clinic
-
Baring Boulevard Veterinary Hospital: Luchetti Tony DVM Veterinary Clinic
-
Bob Baker, DVM Veterinary Clinic
-
Baring Boulevard Veterinary Hospital: Williams Courtney DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Burnett-sandoval LLC · 11 yrs held
Burnett-sandoval LLC
since 2015
4 recorded transactions
Zoning & alternative use
C1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,462
Tax year 2023
Assessed value
$264,372
Assessed 2023
Previous assessed
$238,723
+10.7% YoY
Effective rate
3.58%
On assessed value
Assessed land
$80,163
Assessed improvement
$184,209
Land market value
$229,038
Improvement market value
$526,310
Total market value
$755,348
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,686 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C1
APN
036-031-05
UPID
US62-0085717
Jurisdiction
WASHOE
Zoning & alternative use
C1 · Sparks, NV
Zoning C1 · permitted uses
C1 · 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
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Burnett-sandoval LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5305 WEDEKIND RD, SPARKS, NV 89431-1144
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2015
—
Burnett-sandoval LLC
Burnettco LLC
Quit Claim Deed
—
Aug 17, 2012
$205,500
Sandoval Ronald & D Fam Trust
Burnettco LLC
Grant Deed
—
Jan 10, 2005
—
Burnettco LLC
Burnett,andrew S & Judy R
Quit Claim Deed
related
—
Oct 4, 1999
$162,000
Burnett Trust
Humphreys,denis M & Rocklyn K
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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