Warehouse for
For Sale
$110,000
11440 Digital Court E89, Sparks, NV 89441
Warehouse property offered for sale in Washoe County, Nevada, located on Digital Court.
Property Size502 SF
Days on Market143
Property Features for 11440 Digital Court E89
General Information
Standard status
Active
Size
502 SF
Zoning
I
Taxes and HOA fees
Annual Taxes
$697
Amenities
Drive-In Loading
Block, Fenced
Building Details
Building Size
502 SF
Year Built
2020
Buildings
5
Stories
1
Listing Agency:
real broker llc
(209) 324-0170
Listed By:
Christopher Raynor
(209) 324-0170
Source:
Evrealestate
Added: Apr 4
Changed: Aug 8
Last Checked: Jul 16 at 7:01AM
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 real broker llc
Investment Insights
Based on property information with market context.
This listing presents a warehouse property for sale as part of a broader commercial real estate offering in Washoe County. The asset is identified by its address on Digital Court, with the listing information provided for prospective buyers to evaluate for warehouse storage and related operations.
The property is located at 11440 Digital Court E89 in Sparks, NV 89441. The provided directions are “Pyramid to Ingenuity to Digital,” which may help guide visitors to the site from nearby access points within the area.
For tenants and buyers, this is a straightforward warehouse asset opportunity, appropriate for users seeking warehouse space rather than a specialized retail or office format. Interested parties should review the site and improvements directly to confirm layout, loading and access arrangements, and any site-specific considerations that will affect day-to-day operations. As with any warehouse purchase, conducting due diligence on existing building systems, condition, and functional flow will be important in determining fit for the intended use.
The property is located at 11440 Digital Court E89 in Sparks, NV 89441. The provided directions are “Pyramid to Ingenuity to Digital,” which may help guide visitors to the site from nearby access points within the area.
For tenants and buyers, this is a straightforward warehouse asset opportunity, appropriate for users seeking warehouse space rather than a specialized retail or office format. Interested parties should review the site and improvements directly to confirm layout, loading and access arrangements, and any site-specific considerations that will affect day-to-day operations. As with any warehouse purchase, conducting due diligence on existing building systems, condition, and functional flow will be important in determining fit for the intended use.
Key Highlights
- Warehouse property for sale in Washoe County, Nevada
- Located on Digital Court
- Built in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,948
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$78,960
$79.0K
Cap Rate 7%
$56,400
$56.4K
Cap Rate 9%
$43,867
$43.9K
Market Conditions
NOI Build-Up for 502 SF
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.
Gross rent
$5.1K $10.08/SF
− Vacancy
−$416 −$0.83/SF
EGI
$4.6K $9.25/SF
− OpEx
−$697 −$1.39/SF
NOI
$3.9K $7.86/SF
Area
Sparks, NV
Vacancy
8.22%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$78,960
Cap Rate 7%
$56,400
Cap Rate 9%
$43,867
Alternative Uses
Best Use
Warehouse
$56.4K
$49.4K – $65.8K
NOI $3,948 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$177.7K
$155.5K – $207.3K
NOI $12,439 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 89441, NV
13,887
Population
5,314
Households
2.6
Avg Household Size
44
Median Age
32%
College-Educated
96%
High-School Grad
49.7 sq mi
ZIP Area
279
Density / Sq Mi
$123,625
Median Household Income
$62,025
Median Earnings
$2,078
Median Rent
$624,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property offered for sale in Washoe County, Nevada, located on Digital Court.
Where is this warehouse located?
The property is located at 11440 Digital Court E89 Sparks, NV.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Warehouse property for sale in Washoe County, Nevada; Located on Digital Court; Built in 2020
