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Two-Building Mixed-Use Property
For Sale
$779,000

1001 Rock Boulevard, Sparks, NV 89431

COMMERCIAL - Sparks, NV

Property Size1,648 SF
Lot Size0.19 Acres
Price / SF$472.69
Days on Market212

Property Features for 1001 Rock Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning MUD
Window features Vinyl Frames
Fencing Fenced
Basement Finished
Subdivision Newtown Tract
Lot features Corner Lot, Sloped Down
Standard status Active
APN 031-191-08
Size 1,648 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 4137

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1990
Floors in Building 2
Flooring type Laminate
Building materials Vinyl Siding
Roof type Composition, Shingle
Additional Structures Residence
Listing Agency: Sierra Nevada Properties-Frnly
Listed By: Yao Yao Zhuang · License #S.198292
Added: Jan 6 Changed: Aug 4 Last Checked: Aug 6 at 8:06AM
MLS# 260000445

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property consists of one parcel with two well-kept, fully improved buildings totaling 1,648 square feet on 0.19 acres. Zoning is MUD. Building 2 is the commercial component and is designed for professional use, with private offices and shared space that can support a range of office-based services.

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
1,648 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$343.1K
$300.2K – $400.3K (±1% cap)
NOI $24,016 @ 7.0% cap · market cap 3.08%
Second Best
Office B
$333.2K
$291.5K – $388.7K (±1% cap)
NOI $23,323 @ 7.0% cap · market cap 2.99%
Theoretical Best
Specialty Retail
$583.3K
$510.4K – $680.6K (±1% cap)
NOI $40,834 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Healing Energy-Works Alternative Medicine Practice Rock Blvd Massage Alternative Medicine Practice Rent-A-Potty Portable Toilet ... Building Supply

Suggested Use

Top Pick Law Firm Real Estate Agency Catering Service Veterinary Clinic Carpet & Flooring Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 89431, NV

40,219
Population
16,858
Households
2.4
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
9.2 sq mi
ZIP Area
4,372
Density / Sq Mi
$64,496
Median Household Income
$39,589
Median Earnings
$1,276
Median Rent
$332,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two fully improved buildings on Rock Boulevard, well suited for medical and professional office operations.
Where is this mixed-use property located?
The property is located at 1001 Rock Boulevard Sparks, NV.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 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.
More about this property
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