130 Circuit CtSparks, NV 89436

This exceptional investment opportunity presents a 6,594 square foot warehouse situated on a 1.21-acre lot in Sparks, Nevada. Built in 2006, the single-story building features 11' to 15' ceilings and offers 12 parking spaces. Currently generating a NOI of $68,664, resulting in a 3.43% cap rate, the property boasts significant upside potential with a pro-forma NOI of $144,000 and a pro-forma cap rate of 7.20%. The property is zoned I and includes two units, each priced at $1,000,000. The asking price for the entire property is $2,000,000, translating to a price per square foot of $303.31. Located at 130 Circuit Ct, Sparks, NV 89436 (APN 53047039), this warehouse presents a compelling investment prospect with strong potential for increased profitability. The property's strategic location in Washoe County offers convenient access to major transportation routes and a thriving business community. This is an ideal opportunity for investors seeking a high-yield industrial property with significant value-add potential.