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    Ion Dr Sparks, NV 89436

    Sponsored
    For Sale
    $3,165,909

    3.74 Acres, Build-Ready Pads

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.74-acre commercial land portfolio in Sparks, Nevada, presents a unique investment opportunity. Located at the corner of Los Altos Parkway and Ion Drive, this property boasts two build-ready pads with existing parking, landscaping, and utilities. Parcel 516-224-02 encompasses approximately 1.82 acres and is priced at $1,661,541 ($21/SF), while parcel 516-224-03 comprises approximately 1.92 acres, listed at $1,504,368 ($18/SF). The combined asking price for both parcels is $3,165,909. Currently zoned PD, the property allows for a wide range of uses, including banks, financial institutions, professional offices, medical offices, veterinary clinics, dental offices, training centers, vocational and trade schools, and more. A Special Use Permit may allow for additional uses such as daycares and places of worship. The seller is actively working with the City of Sparks to expand permitted uses to include retail and drive-thrus, subject to final city approval. This prime location offers excellent visibility and proximity to Saint Mary's and Reno Orthopaedic Clinic, making it ideal for medical providers and other businesses seeking to serve the growing Sparks community. The parcels are separately deeded but can be sold together. Note that the buildable land areas do not directly connect. This is a rare opportunity to acquire strategically located commercial land in a thriving Nevada market.

    Property Features for 0 Ion Dr

    General Information

    Property type
    Land
    Lot Size
    162,914 SF

    HighLights

    • APN: 516‑224‑02
    • ±79,121 SF (±1.82 acres) vacant, improved land pad with parking, landscaping, and utilities. Asking price: $1,661,541 ($21.00/SF).
    • APN: 516‑224‑03
    • ±83,576 SF (±1.92 acres) vacant, improved land pad with parking, landscaping, and utilities. Asking price: $1,504,368 ($18.00/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.73171562403
    Latitude
    39.584286610026

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    FAQs

    What type of property is this?
    Land - 3.74 Acres, Build-Ready Pads
    Where is this land located?
    The property is located at Ion Dr Sparks, NV.
    What is the asking price?
    The asking price for this property is $3,165,909.
    What are key features of this property?
    This property features: APN: 516-224-02; ±79,121 SF (±1.82 acres) vacant, improved land pad with parking, landscaping, and utilities. Asking price: $1,661,541 ($21.00/SF).; APN: 516-224-03
    (775) 333-6969
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    Ion Dr Sparks, NV 89436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Ion Dr Sparks, NV 89436
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