Sparks Office Building For
4830 Vista Blvd Sparks, NV 89436
For Sale
Contact for pricing
Office building with income potential in Sparks, Nevada.
Property Size12,734 SF
Price / SF$274.85
Days on Market2393
Property Features for 4830 Vista Blvd
General Information
- Standard status
- Active
- Size
- 12,734 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing Agency:
Stark Accelerators Commercial Real Estate
(775) 825-4400
Listed By:
Ken Stark · License #ID DB49181
Source:
Crexi
Added: Jan 6, 2020
Changed: Jul 6
Last Checked: Jul 26 at 3:25AM
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 Stark Accelerators Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial property, located in Sparks, Nevada, is available for sale. The building has a total size of 12,734 square feet. It presents an opportunity for owner occupancy with existing income from current tenants. Units 106 and 110 are currently under short-term leases. Unit 108 was previously used as a martial arts studio. The remaining portion of the building is in shell condition and ready to be configured for an owner-user.
Key Highlights
- Owner occupancy opportunity with income potential
- Existing tenants providing immediate income (Units 106 & 110)
- Shell space ready for custom configuration
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 | $282.7k | $22.20 |
| − Vacancy | −$42.4k | −$3.33 |
| EGI | $240.3k | $18.87 |
| − OpEx | −$60.1k | −$4.72 |
| NOI | $180.2k | $14.15 |
12,734 SF · lease $22.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.57M
$2.25M – $3.00M
NOI $180,218 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.51M
$3.94M – $5.26M
NOI $315,522 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Jiu-JItsu Kids Sparks
Training Center
Vocal Motion Musicals
Association / Organization
FAQs
What type of property is this?
Office building - Office building with income potential in Sparks, Nevada.
Where is this office building located?
The property is located at 4830 Vista Blvd Sparks, NV.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Owner occupancy opportunity with income potential; Existing tenants providing immediate income (Units 106 & 110); Shell space ready for custom configuration
