Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Turn key restaurants
950 Glendale Ave Sparks, NV 89431-5792
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US62-0457251
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
775catering Take-out & Catering Catering Service
-
Jose & Associates Screen Shop Textile Manufacturer Factory
-
Reicher's Atomic Chicken Restaurant
-
Miller's School Jackets (Bike/Boat/Book/etc) Store
-
Carolina Kitchen & BBQ Co. Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$565k
Owner & transaction history
A & R & R INC · 28 yrs held
A & R & R INC
since 1998
6 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
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
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
$44 / 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
$12,653
Tax year 2023
Assessed value
$384,370
Assessed 2023
Previous assessed
$322,421
+19.2% YoY
Effective rate
3.29%
On assessed value
Assessed land
$251,555
Assessed improvement
$132,815
Land market value
$718,729
Improvement market value
$379,470
Total market value
$1,098,199
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1969
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
12,834 SF
Lot
1.75 ac (76,056 SF)
Zoning code
I
APN
032-302-10
UPID
US62-0457251
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
1969
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
A & R & R INC
Entity
Mailing address
950 GLENDALE AVE, SPARKS, NV 89431-5792
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2024
—
Austin Cagle
—
Deed
related
$13,350 · Sierra Pacific Mortgage Co INC
Feb 28, 2024
—
A And R And R Incorporated
—
Deed
related
$770,000 · First Citizens Bank & Trust Co
Oct 15, 2018
—
A And R And R Incorporated
—
Deed
related
$750,000 · Umpqua Bank
Apr 23, 1998
$925,000
A & R & R INC
Herbert,george A
Grant Deed
$785,000 · Seller
—
—
A & R & R INC
—
Deed Of Trust
related
$100,000 · Umpqua Bk
—
—
A & R & R INC
—
Deed Of Trust
related
$200,000 · Mei H Herbert
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 950 Glendale Ave?
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.
