Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    910 Glendale Ave Sparks, NV 89431

    For Sale
    $4,900,000

    Multi-tenant industrial property, high ROI.

    Property size:
    22,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 22,968 square foot industrial complex, located at 910 Glendale Ave in Sparks, Nevada (89431), presents a compelling investment opportunity. The property boasts two buildings totaling 22,968 square feet of net rentable space, currently 50% occupied by two tenants with month-to-month leases, generating a current annual income of $14,000. Building A features a newly renovated 4,800 square foot showroom and office space, along with a 6,000 square foot industrial metal building containing three 2,000 square foot units with 12x14 roll-up doors and 24-foot ceilings. Building B comprises four units of varying sizes, all equipped with roll-up doors and bathrooms. Recent renovations (2022) include new stucco, paint, roofing, and interior/exterior upgrades to Building A, including high-end windows, lighting, and Mitsubishi HVAC units. The property sits on a 1.59-acre lot and includes a 15,600 square foot parking lot with ample space for truck turnaround, a fenced 26,000 square foot yard, and 16 parking spaces. The property is zoned I and offers significant potential for increased income through mini-storage development or additional leasing. The asking price is $4,900,000, representing a 3.12% cap rate and a NOI of $153,000. Seller financing is available. This property is ideal for owner-users or investors seeking high-demand small industrial spaces in a prime Sparks location. The property was built in 1968 and has nine units.

    Property Features for 910 Glendale Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    22,968 SF
    Class
    A
    Lot Size
    69,260 SF

    Building Details

    Year Built/Renovated
    1968/2022
    Buildings
    2
    Stories
    2
    Units
    9

    HighLights

    • 2022 building renovations including new stucco, paint, roofing, and interior/exterior upgrades to Building A.
    • Two month‑to‑month tenants generating $14,000 annual income.
    • 22,968 square foot industrial complex comprised of two buildings.
    • 15,600 square foot parking lot with truck turnaround space.
    • 26,000 square foot fenced yard.
    • 4,800 square foot renovated showroom/office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bunnell Muay Thai Muay Thai Boxing Gym DRC Construction Construction Company DRC Landscaping Landscape Designer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7544586
    Latitude
    39.52755883

    Nearby Similar for Sale

    • $995,000
      3,575 SF

      Charming Multifamily Investment Opportunity

      Four units, upgraded, income-producing property in Sparks, Nevada.
      234 18Th St, Sparks, NV 89431
      View Details
    • New
      $569,000
      1,738 SF

      Remodeled Duplex in Sparks, NV

      Turnkey, income-producing duplex with two detached homes on one lot.
      985 10Th St, Sparks, NV 89431
      View Details
    • $169,999
      940 SF

      Renovated Co-op Home in Sparks

      Stylish, renovated 2-bedroom co-op in a well-kept 55+ community.
      1945 4Th St, Sparks, NV 89431
      View Details
    • $1,400,000
      6,472 SF

      High-Visibility Commercial Property Dual Frontage

      Versatile property with entrances on two major streets.
      1657 Prater Way, Sparks, NV 89431
      View Details
    • $590,000
      2,112 SF

      Renovated Office Conversion in Sparks

      Two-story office building with park-like grounds, available for lease/sale.
      1645 D St, Sparks, NV 89431
      View Details
    • $515,000
      2,000 SF

      Sparks Office Space For Sale

      Tenant-occupied office space with lease until November 2028.
      2145 Green Vista Dr, Sparks, NV 89431
      View Details

    FAQs

    What type of property is this?
    Distribution property - Multi-tenant industrial property, high ROI.
    Where is this distribution property located?
    The property is located at 910 Glendale Ave Sparks, NV.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: 2022 building renovations including new stucco, paint, roofing, and interior/exterior upgrades to Building A.; Two month-to-month tenants generating $14,000 annual income.; 22,968 square foot industrial complex comprised of two buildings.
    Request Owner's contact information
    910 Glendale Ave Sparks, NV 89431
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    910 Glendale Ave
    Sparks, NV 89431
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    910 Glendale Ave Sparks, NV 89431
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.