Improved Mixed-Use
For Sale
$779,000
1001 Rock Boulevard #Unit 2, Sparks, NV 89431
Two well-kept buildings include private offices, open work areas, and a two-car attached garage.
Days on Market208
Property Features for 1001 Rock Boulevard #Unit 2
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Building Size
1,648 SF
Year Built
1990
Buildings
2
Listing Agency:
Sierra Nevada Properties-Frnly
(775) 276-2991
Listed By:
Yao Yao Zhuang · License #S.198292
(775) 276-2991
Source:
Fernleynvhomes
Added: Jan 6
Changed: Jul 31
Last Checked: Aug 1 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sierra Nevada Properties-Frnly
Investment Insights
Based on property information with market context.
This mixed-use property comprises one parcel with two well-kept, fully improved buildings. Building 2 is configured for professional operations, with three private offices and a large open room that can accommodate reception or waiting functions upstairs. The downstairs includes two private offices, a laundry room, and a large multi-purpose room. A two-car attached garage provides parking or storage space.
Located on Rock Boulevard in Sparks, the property is next to a retail strip center and offers easy access. The flexible layouts combine private office areas with open workspace, supporting medical, dental, therapy, administrative, and other office-based uses identified for the property. The buildings were constructed in 1990.
Located on Rock Boulevard in Sparks, the property is next to a retail strip center and offers easy access. The flexible layouts combine private office areas with open workspace, supporting medical, dental, therapy, administrative, and other office-based uses identified for the property. The buildings were constructed in 1990.
Key Highlights
- One parcel with two well‑kept, fully improved buildings
- Building 2 includes 3 private offices and a large open reception or waiting area
- Downstairs includes 2 private offices, a laundry room, and a large multi‑purpose room
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
NOI $24,016 @ 7.0% cap · market cap 3.08%
Second Best
Office B
$333.2K
$291.5K – $388.7K
NOI $23,323 @ 7.0% cap · market cap 2.99%
Theoretical Best
Specialty Retail
$583.3K
$510.4K – $680.6K
NOI $40,834 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Mixed-use properties in Sparks
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two well-kept buildings include private offices, open work areas, and a two-car attached garage.
Where is this mixed-use property located?
The property is located at 1001 Rock Boulevard #Unit 2 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: One parcel with two well‑kept, fully improved buildings; Building 2 includes 3 private offices and a large open reception or waiting area; Downstairs includes 2 private offices, a laundry room, and a large multi‑purpose room
