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    720 Nichols Blvd Sparks, NV 89434-6820
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    Property profile & analytics

    720 Nichols Blvd, Sparks, NV 89434-6820

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    • Retail space
    • 5,168 SF
    • 0.99 lot acres
    Off-Market
    Property ID
    US62-0322528
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,420,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sierra Express Car Wash / Car Wash

    Property Details for 720 Nichols Blvd

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.99 lot acres
    Zone code
    MUD
    Property type
    Retail space
    APN
    037-012-03
    APU
    3701203

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 22, 2019 $3,570,000 Francia Investments I LLC Nichols Boulevard Carwash LP Grant Deed —
    Jan 3, 2017 — Nichols Boulevard Carwash LP — Loan Modification · related $15M · Umpqua Bk
    Feb 1, 2016 $3,146,500 Nichols Boulevard Carwash LP Bodine & Miller-sparks LLC Grant Deed —
    Oct 15, 2003 $1,000,000 Lance E Ellis Sparks Car Wash Co Quit Claim Deed $1.4M · Western Sierra National Bank
    Jan 9, 1997 — Les Alexander Sparks Car Wash Quit Claim Deed · related —
    Jan 9, 1997 $625,000 Ellis,lance E & Carolyn J Alexander,leslie C Trustees Deed $319k · Pioneer Citizens Bank Nevada
    May 31, 1994 $500,000 Leslie C Alexander Helms Trust Grant Deed $260k · American Savings Bank
    — — Bodine & Miller-sparks LLC — Deed Of Trust · related $1.7M · Presidio Bank
    — — Lance R Ellis — Deed Of Trust · related $50k · Westamerica Bank Trustee

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,990,000
      6.5%
      $1,840,000
      7%
      $1,705,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $906,000
      Market price range: $197k - $906k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,570,000
      Current use
      INDUSTRIAL (GENERAL)
      $2,135,000
      Change: +36% Conversion: Difficult
      MEDICAL BUILDING
      $1,810,000
      Change: +15% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,790,000
      Change: +14% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,705,000
      Change: +9% Conversion: Difficult
      OFFICE BUILDING
      $1,430,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.736
    Latitude
    39.5363
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,400
    $231,894
    $163,960
    $395,854
    -
    $662,554
    $468,456
    $1,131,010
    More about this property
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