Multifamily Development Site in
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590 Pyramid Way, Sparks, NV 89431
108-unit multifamily-entitled development site in the heart of Sparks, NV.
Property SizeContact for details
Days on Market167
Property Features for 590 Pyramid Way
General Information
Standard status
Active
Property subtype
Land
Zoning
MUD
Listing Agency:
KW Commercial - Group 1, Inc.
(775) 240-5143
Listed By:
Ricci Rodriguez-Elkins · License #BS.146909.MGR
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 21 at 9:40PM
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 KW Commercial - Group 1, Inc.
Investment Insights
Based on property information with market context.
This property is a 108-unit multifamily-entitled development site located in Sparks, Nevada. The property includes entitled land for the development of two four-story buildings. A secured garage provides 124 parking spaces. The property includes 3 AC-FT of water rights, sewer fee credits, and RTC credits. A fully engineered, permit-ready plan set is included. The MUD zoning and prime location offer opportunities for multi-family development, mixed-use retail, or office. The location provides access to Victorian Square entertainment and restaurant venues, as well as Sparks' many renowned events, such as the Rib Cook-Off and Hot August Nights. The Sparks Marina and The Outlets at Legends are a few minutes away. Proximity to I-80 and U.S. 395 ensures connectivity to the University of Nevada, Tahoe-Reno Industrial Center, Lake Tahoe, Fernley, and Carson City.
Key Highlights
- Entitled for 108‑unit multifamily development with permit‑ready plans
- Prime location in the heart of Sparks, within walking distance to downtown and Victorian Square
- Includes 3 AC‑FT of water rights, sewer fee credits, and RTC credits
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 108-unit multifamily-entitled development site in the heart of Sparks, NV.
Where is this commercial land located?
The property is located at 590 Pyramid Way Sparks, NV.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Entitled for 108‑unit multifamily development with permit‑ready plans; Prime location in the heart of Sparks, within walking distance to downtown and Victorian Square; Includes 3 AC‑FT of water rights, sewer fee credits, and RTC credits
