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    1150 Southern Way Sparks, NV 89431

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    For Lease
    $9 SF/Yr

    Industrial property with 40,040 square feet available for lease.

    Property size:
    40,040 SF
    Lot size:
    2.89 Acres

    Property Features for 1150 Southern Way

    General Information

    Size
    40,040 SF
    Lot size
    2.89 Acres

    Source: NAI Alliance | Reno Agent Derek Carroll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sparks Industrial Space Available

    An industrial property offering 40,040 square feet is available for lease. The property is located on Southern Way in Sparks, Nevada.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Pharmacy Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7505112
    Latitude
    39.5235479

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    FAQs

    What type of property is this?
    Industrial property - Industrial property with 40,040 square feet available for lease.
    Where is this industrial property located?
    The property is located at 1150 Southern Way Sparks, NV.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - 40,040 square feet available for lease; - Industrial property
    (775) 336-4600
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    1150 Southern Way Sparks, NV 89431
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    Sparks, NV 89431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1150 Southern Way Sparks, NV 89431
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