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Commercial Land with Multifamily Entitlement
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2300-2360 Oddie Blvd, Sparks, NV 89431

Existing tenants provide occupancy while a portion of the parcel carries multifamily approvals.

Property Size81,247 SF
Price / SF$153.85
Days on Market5

Property Features for 2300-2360 Oddie Blvd

General Information

Standard status Active
Size 81,247 SF
Property subtype RETAIL
Listing Agency: CBRE | Reno
Listed By: Aiman Noursoultanova · License #0049721
Source: Moodyscre
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 26 at 8:17PM

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 CBRE | Reno

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Investment Insights

Based on property information with market context.

This 81,247-square-foot commercial land parcel includes existing retail tenancy, with most leases described as shorter term. Approximately 2.37 acres within the parcel is entitled for 108 multifamily units. The retail area could be incorporated into a larger multifamily plan, potentially expanding its scope and creating a corner location, subject to redevelopment and approvals.

The property is adjacent to the Oddie District, a 175,000-square-foot light-industrial and mixed-use infill project that includes a 62,000-square-foot Generator Maker Space. Nearby businesses named in the submarket include Dutch Bros., El Super Market, Panda Express, Starbucks, Walgreens, Dollar Tree, Community Health Alliance, and restaurants. The area is also served by the Oddie-Wells Corridor multimodal improvement project.

Key Highlights

  • 81,247‑square‑foot commercial land parcel
  • Approximately 2.37 acres entitled for 108 multifamily units
  • Existing retail tenants; most leases are shorter term

Property Analytics

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Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage 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

574
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Existing tenants provide occupancy while a portion of the parcel carries multifamily approvals.
Where is this commercial land located?
The property is located at 2300-2360 Oddie Blvd Sparks, NV.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 81,247‑square‑foot commercial land parcel; Approximately 2.37 acres entitled for 108 multifamily units; Existing retail tenants; most leases are shorter term
(775) 823-6983 Call to check price and availability
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