Technical
Financial
Distress signals
Property profile

950 Glendale Ave Sparks, NV 89431

OFF-MARKET
Turn key restaurants
Property ID
US62-0457251
12,834 SF 1.75 ac lot Built 1969
Entity Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction METAL FRAME
Total area 12,834 SF
Lot 1.75 ac (76,056 SF)
Zoning code I
APN 032-302-10
UPID US62-0457251

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Textile Manufacturer Factory
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Take-out & Catering Catering Service

Location

950 Glendale Ave Sparks, NV 89431-5792
Sparks metro Census 3111 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$718k
Blend (final) Blend
$415k

Owner & transaction history

since 1998
6 recorded transactions
2024
Price N/A
2024
Price N/A
2018
Price N/A
1998
$925,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I · Sparks, NV
Zoning description

I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of I-80 between the western and eastern City boundaries. Other potential areas suited…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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