Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,880,000
Industrial properties
745 Greg St Sparks, NV 89431-7136
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0440902
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,080 SF
Lot
2.68 ac (116,523 SF)
Zoning code
I
APN
034-132-09
UPID
US62-0440902
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
-
Silver State Plastics Factory Production Facility
-
Nevada Transit & Laser Nightclub Rental Equipment Company
-
Rocky Mountain Survey Supply General Contractor
-
The Dancing Brush Ceramics & More Ceramic Manufacturer Art Studio
-
West Springs Heating and Air Conditioning LLC HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.82M
Blend (final)
Blend
$6.88M
Owner & transaction history
Dig Reno 745 755 Greg LLC · 2 yrs held
Dig Reno 745 755 Greg LLC
since 2024
Last sale
$6.9M
4 recorded transactions
Zoning & alternative use
I · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$10.7M
+163.1%
Restaurant
$7.9M
+95.6%
Medical building
$4.9M
+21.2%
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
$6,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,690,000
Change: +163% · Conversion: Difficult
RESTAURANT
$7,945,000
Change: +96% · Conversion: Difficult
MEDICAL BUILDING
$4,925,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,650,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$6.88M
Range $6.19M – $7.57M · ±10% · vs last sale $6.88M (Apr 12 2024)
Last sale anchor
$6.88M
Apr 12 2024
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
$489 / 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
$25,327
Tax year 2023
Assessed value
$754,290
Assessed 2023
Previous assessed
$754,290
+0.0% YoY
Effective rate
3.36%
On assessed value
Assessed land
$397,635
Assessed improvement
$356,655
Land market value
$1,136,099
Improvement market value
$1,019,015
Total market value
$2,155,114
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
14,080 SF
Lot
2.68 ac (116,523 SF)
Zoning code
I
APN
034-132-09
UPID
US62-0440902
Jurisdiction
WASHOE
Zoning & alternative use
I · Sparks, NV
Zoning I · permitted uses
I · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
RESTAURANT
Est. value
$7.9M
MEDICAL BUILDING
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
2.68 ac
Current owner
From public records · entity-resolved
Dig Reno 745 755 Greg LLC
Entity
Mailing address
6725 VIA AUSTI PKWY STE #365, LAS VEGAS, NV 89119-3553
Ownership since
2024
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
Apr 12, 2024
$6,879,261
Dig Reno 745 755 Greg LLC
745 755 E Greg Street LLC
Bargain And Sale Deed
$3,936,897 · 745/755 E Greg Street LLC
Dec 29, 2023
—
Dig Acquisitions LLC
745 755 E Greg Street LLC
Agreement Of Sale
—
May 21, 2004
—
Johnny A Riberio JR.
Riberio,linda
Quit Claim Deed
related
—
May 21, 2004
$455,500
745/755 E Greg Street LLC
Greg Street Associaties
Grant Deed
related
$1,200,000 · Skymar Capital Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 745 Greg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
