Warehouse with Dock
For Sale
Contact for pricing
56 Coney Island Dr, Sparks, NV 89431
Warehouse facility with dock and drive-in loading access.
Property Size20,000 SF
Lot Size1.57 Acres
Price / SF$170
Days on Market52
Property Features for 56 Coney Island Dr
General Information
Standard status
Active
Size
20,000 SF
Lot size
1.57 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
5
Drive-In Doors
2
Voltage
208 V
Three-Phase Power
Yes
Sprinkler System
Yes
Building Details
Building Size
20,000 SF
Listing Agency:
CBRE | Reno
(775) 356-6118
Listed By:
Tomi Jo Lynch · License #BS.0144992
(775) 321-4484
Source:
Moodyscre
Added: Sep 15
Changed: Oct 26
Last Checked: Nov 4 at 2:01PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse property includes approximately 20,000 SF within a roughly 1.57-acre site. The building offers 20-foot clear height, five dock doors, and two drive-in doors for receiving and distribution functions. Power is configured at 208V, 3 Phase, and the property includes a sprinkler system identified as .33/2000.
The facility is located at 56 Coney Island Dr in Sparks, Nevada, providing a defined industrial address for warehouse operations and storage.
The facility is located at 56 Coney Island Dr in Sparks, Nevada, providing a defined industrial address for warehouse operations and storage.
Key Highlights
- Approximately 20,000 SF warehouse building on ±1.57 AC
- 20’ clear height
- Five dock doors and two drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,274
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,145,480
$3.1M
Cap Rate 7%
$2,246,771
$2.2M
Cap Rate 9%
$1,747,489
$1.7M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$201.6K $10.08/SF
− Vacancy
−$16.6K −$0.83/SF
EGI
$185.0K $9.25/SF
− OpEx
−$27.8K −$1.39/SF
NOI
$157.3K $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 Rate 5%
$3,145,480
Cap Rate 7%
$2,246,771
Cap Rate 9%
$1,747,489
Alternative Uses
Best Use
Warehouse
$2.25M
$1.97M – $2.62M
NOI $157,274 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.08M
$6.19M – $8.26M
NOI $495,558 @ 7.0% cap · market cap 14.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
5
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse facility with dock and drive-in loading access.
Where is this warehouse located?
The property is located at 56 Coney Island Dr Sparks, NV.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Approximately 20,000 SF warehouse building on ±1.57 AC; 20’ clear height; Five dock doors and two drive‑in doors
