Sparks Office Condo For
308-2225 Green Vista Dr Sparks, NV 89431
308-2225 Green Vista Dr, Sparks, NV, 89431
$385,000
For Sale
$385,000
Well-maintained office condo in Wildcreek Business Park, Sparks.
Property Size1,260 SF
Price / SF$305.56
Days on Market102
Property Features for 308-2225 Green Vista Dr
General Information
- Standard status
- Active
- Size
- 1,260 SF
Listing Agency
Keller Williams Group One Inc.
(775) 481-2323
Listed by
Robert Campbell · License #S.191406
(775) 481-2323
Source
Exprealty
Added: Apr 7 Checked: Jul 17 at 6:35 pm
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 Keller Williams Group One Inc.
Investment Insights
Based on property information with market context.
This well-maintained office condominium is located in the established Wildcreek Business Park in Sparks. The functional single-level layout features approximately 1,260 square feet with a bright, open floor plan and abundant natural light. The premium end-unit positioning with only one shared wall and three sides of windows provides enhanced privacy and usability. It includes an ADA-accessible restroom, central heating and air, and a flexible layout suitable for a variety of professional uses. The property is equipped with both 110V and 220/240V electrical service, including dedicated washer/dryer hookups. The professional park setting offers convenient access to major roads, shopping, and services. The monthly HOA covers exterior maintenance and common area services, including sewer, water, and trash. This is an ideal opportunity for an owner-user seeking to control occupancy costs through ownership. The property is vacant and easy to show.
Key Highlights
- Premium end‑unit: enjoy abundant natural light and enhanced privacy with only one shared wall and three sides of windows.
- Functional, single‑level layout with approximately 1,260 square feet featuring a bright, open floor plan.
- Located in the established Wildcreek Business Park with convenient access to major roads, shopping, and services.
Local Financial Insights For Office B
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 | $28.0k | $22.20 |
| − Vacancy | −$4.2k | −$3.33 |
| EGI | $23.8k | $18.87 |
| − OpEx | −$5.9k | −$4.72 |
| NOI | $17.8k | $14.15 |
1,260 SF · lease $22.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$254.7K
$222.9K – $297.2K
NOI $17,832 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$446.0K
$390.3K – $520.3K
NOI $31,220 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-maintained office condo in Wildcreek Business Park, Sparks.
Where is this office units located?
The property is located at 308-2225 Green Vista Dr Sparks, NV.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Premium end‑unit: enjoy abundant natural light and enhanced privacy with only one shared wall and three sides of windows.; Functional, single‑level layout with approximately 1,260 square feet featuring a bright, open floor plan.; Located in the established Wildcreek Business Park with convenient access to major roads, shopping, and services.
