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Property profile & analytics
FOR LEASE
Warehouses
750 Vista Blvd 401-402 Sparks, NV 89434
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0088761
For Lease
Contact for pricing
750 Vista Blvd,Unit 401-402, Sparks, NV 89434
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
127,650 SF
Lot
18.49 ac (805,207 SF)
Zoning code
I
APN
037-272-37
UPID
US62-0088761
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
-
Veritiv (Bike/Boat/Book/etc) Store
-
Metric & Multistandard Components Corp. Building Supply Construction Company
-
Hose Master LLC. Home Decor Store Department Store
-
Unisource Big Box & Wholesale Store
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
650 & 750 Vista Industrial Owner LP · 1 yrs held
650 & 750 Vista Industrial Owner LP
since 2025
Last sale
$45.6M
7 recorded transactions
Zoning & alternative use
I · 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
$146,006
Tax year 2023
Assessed value
$4,428,015
Assessed 2023
Previous assessed
$3,691,912
+19.9% YoY
Effective rate
3.30%
On assessed value
Assessed land
$1,361,621
Assessed improvement
$3,066,394
Land market value
$3,890,346
Improvement market value
$8,761,125
Total market value
$12,651,471
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
127,650 SF
Lot
18.49 ac (805,207 SF)
Zoning code
I
APN
037-272-37
UPID
US62-0088761
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.
Building & site characteristics
From public records
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
18.49 ac
Current owner
From public records · entity-resolved
650 & 750 Vista Industrial Owner LP
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
$45,600,000
650 & 750 Vista Industrial Owner LP
Icon Nv Industrial Owner Pool 3 Nv
Bargain & Sale Deed
—
Mar 12, 2024
—
Icon Nv Industrial Owner Pool 3 Nv
—
Deed
related
$352,500,000 · Wells Fargo Bank NA
Oct 3, 2019
—
Icon Nv Indl Owner Pool 3 Nev
—
Grant Deed
related
—
Mar 20, 2015
—
Icon Nv Industrial Owner Pool 3 Nev
Bre Nv Industrial Properties LLC
Bargain And Sale Deed
—
Mar 18, 2015
—
Icon Nv Industrial Owner Pool
Bre Of Nv Industrial Properties L
Grant Deed
related
$822,000,000 · Goldman Sachs Mtg
Nov 29, 2010
$9,773,500
Bre/nv Industrial Properties L L C
Prologis
Deed
$514,000,000 · Wells Fargo Bank NA
Apr 13, 1994
$1,250,000
Security Capital Industrial Tr
Sf Pacific Prope
Grant Deed
related
—
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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