Storage Condo
11440 Digital Unit # A5 Sparks, NV 89441
For Sale
$140,000
Secure, gated storage condo with an automatic overhead garage door and opener plus unit-level access.
Property Size583 SF
Price / SF$240.14
Days on Market206
Property Features for 11440 Digital Unit # A5
General Information
Standard status
Active
Size
583 SF
Property subtype
Commercial
Building Details
Year Built
2020
Listing Agency:
LPT Realty,LLC
Listed By:
Kerry Herdt
(775) 688-4000
Source:
Ferrari-lund
Added: Jan 4
Changed: Jul 28
Last Checked: Jul 28 at 8:10AM
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 LPT Realty,LLC
Investment Insights
Based on property information with market context.
This for-sale storage condo unit is located within a secure, fully gated complex designed for vehicle, boat, RV, and general storage. The unit includes an automatic overhead garage door and opener, with the facility supported by security cameras and a commercial management association for ongoing complex maintenance.
The property also features shared amenities including a commercial wash bay, a dump station, and showers. It is situated directly off Highway 445 and Ingenuity Ave for straightforward access to the surrounding area.
The offering is for a single individual storage unit within the “Big Box Storage Condos” complex, providing a commercial storage condo configuration rather than a traditional warehouse leasehold setup.
The property also features shared amenities including a commercial wash bay, a dump station, and showers. It is situated directly off Highway 445 and Ingenuity Ave for straightforward access to the surrounding area.
The offering is for a single individual storage unit within the “Big Box Storage Condos” complex, providing a commercial storage condo configuration rather than a traditional warehouse leasehold setup.
Key Highlights
- Big Box Storage Condos built in 2020
- Individual commercial storage condo unit size: 14.5 x 40 with unit‑level access
- Automatic overhead garage door and opener included
Financial Insights For Self Storage
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 | $9.1k | $15.60 |
| − Vacancy | −$546 | −$0.94 |
| EGI | $8.5k | $14.66 |
| − OpEx | −$2.6k | −$4.40 |
| NOI | $6.0k | $10.26 |
583 SF · lease $15.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$85.5K
$74.8K – $99.7K
NOI $5,984 @ 7.0% cap · market cap 4.27%
Second Best
Warehouse
$65.5K
$57.3K – $76.4K
NOI $4,585 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$206.4K
$180.6K – $240.8K
NOI $14,446 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - Secure, gated storage condo with an automatic overhead garage door and opener plus unit-level access.
Where is this self storage facility located?
The property is located at 11440 Digital Unit # A5 Sparks, NV.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Big Box Storage Condos built in 2020; Individual commercial storage condo unit size: 14.5 x 40 with unit‑level access; Automatic overhead garage door and opener included
