1001 Rock Boulevard, Sparks, NV 89431
COMMERCIAL - Sparks, NV
Property Features for 1001 Rock Boulevard
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Building 2 includes three private offices upstairs and a large open room that can function as a reception or waiting area. Downstairs offers two private laundry rooms and a large multi-purpose room. The building also has a two-car attached garage that can support parking or additional storage needs. The property is located at 1001 Rock Boulevard in Sparks, Nevada.
With its combination of private offices, an open reception/waiting area, and multi-purpose space, the layout can fit dental, medical, therapy, and other professional services. The property’s multi-building configuration may also appeal to owners seeking flexible space planning under a mixed-use zoning designation.
Key Highlights
- High‑traffic location on Rock Blvd with strong visibility and easy access.
- Mixed‑use property offering versatile commercial + residential income opportunity.
- Two well‑kept, fully improved buildings on one parcel.
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $26.40 |
| − Vacancy | −$3.5k | −$2.11 |
| EGI | $40.0k | $24.29 |
| − OpEx | −$16.0k | −$9.72 |
| NOI | $24.0k | $14.57 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 89431, NV
Market
Vacancy Rate% for Office in West region