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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Medical Office Space
850 I St Sparks, NV 89431-3608
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0416623
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,678 SF
Lot
0.41 ac (18,016 SF)
Zoning code
MUD
APN
031-081-52
UPID
US62-0416623
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
-
Dr. Joseph Y. Chan, DDS Dental Office
-
Sims Daniel w DDS Dental Office
-
Dentistry for Children Dental Office
-
Dr. Joseph Chan Dental Office
-
Cintia Teglia Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Mc Sparks LLC · 9 yrs held
Mc Sparks LLC
since 2017
7 recorded transactions
Zoning & alternative use
MUD · 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
$142 / 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
$5,513
Tax year 2023
Assessed value
$158,043
Assessed 2023
Previous assessed
$139,220
+13.5% YoY
Effective rate
3.49%
On assessed value
Assessed land
$47,292
Assessed improvement
$110,751
Land market value
$135,120
Improvement market value
$316,432
Total market value
$451,552
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,678 SF
Lot
0.41 ac (18,016 SF)
Zoning code
MUD
APN
031-081-52
UPID
US62-0416623
Jurisdiction
WASHOE
Zoning & alternative use
MUD · Sparks, NV
Zoning MUD · permitted uses
MUD · 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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mc Sparks LLC
Entity
Mailing address
PO BOX 1347, SPARKS, NV 89432-1347
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Jan 4, 2017
$840,000
Mc Sparks LLC
Beowane Buzzards LLC
Bargain And Sale Deed
$672,000 · Zb NA
Nov 3, 2010
—
Austin Lloyd B Family Trust
Lloyd B Austin Ltd
Quit Claim Deed
—
Sep 23, 2003
—
Lloyd B Austin Dds Ltd
Austin,lloyd B
Quit Claim Deed
related
$500,000 · Nevada State Bank
Jan 8, 2003
$250,000
Austin,tr
Austin,lloyd B & Thelma L
Grant Deed
related
$250,000 · Nevada State Bank
—
—
Beowawe Buzzards LLC
—
Deed Of Trust
related
$381,519 · Nevada State Bank
—
—
Beowawe Buzzards LLC
—
Deed Of Trust
related
$551,250 · Nevada State Bank
—
—
Austin Trust
—
Deed Of Trust
related
$175,000 · Nevada State Bank
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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