Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11440 Digital Ct Sparks, NV 89441

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Own Your Storage Unit; Prime Location

    Property size:
    504 SF

    Property Features for 11440 Digital Ct

    General Information

    Property type
    Multifamily properties
    Square Feet
    504 SF

    Building Details

    Year Built
    2020

    We can help!

    Listing Contact
    Kerry Herdt
    Kerry Herdt

    Listing Agency: Realty ONE Group Eminence Listing Agent: Kerry Herdt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 504-square-foot self-storage condo, built in 2020, presents a unique investment opportunity in Sparks, Nevada. Located at 11440 Digital Court, Unit E92, this property is part of the secure, gated LuxeLocker Spanish Springs complex, ideally situated off Highway 445 and Ingenuity Avenue. The unit boasts a 15-foot ceiling height and features an automatic overhead garage door with opener, perfect for storing boats, RVs, vehicles, or general storage needs. This condo is one of only a few "pull-through" units in the entire complex, offering unparalleled convenience. It measures 14x36 feet and can be purchased individually or with the adjacent unit (MLS# 240010401, 14x40 feet) to create a larger 1064 square foot pull-through space. The complex provides added security features including security cameras and a fully gated perimeter. Amenities include a commercial wash bay, dump station, and showers. The property's APN is 53824234. The buyer will pay a 1% to 1.5% fee of the sales price to Capitol Reserves/Admin for CAM. This is a rare opportunity to own a high-demand storage unit in a thriving location. The asking price is $109,888.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store Department Store Kitchen & Bath Showroom Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.702698
    Latitude
    39.677568

    Nearby Similar for Sale

    • $779,000
      1,648 SF

      Mixed-Use Property on Rock Blvd

      Mixed-use property ideal for medical, dental, or professional services.
      1001 Rock Blvd, 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
    • $135,000
      940 SF

      Sparks 55+ Co-op Residence

      Move-in ready home in a desirable 55 and over community.
      1945 4Th St, Sparks, NV 89431
      View Details
    • $569,000
      1,738 SF

      Turnkey Duplex in Sparks, NV

      Remodeled duplex with two detached homes, generating immediate cash flow.
      985 10Th St, Sparks, NV 89431
      View Details
    • $502,000
      1,824 SF

      Sparks Duplex in Convenient Location

      Duplex in Sparks with reliable tenants and under-market rents.
      2040 G St, Sparks, NV 89431
      View Details
    • $524,900
      1,625 SF

      Sparks Duplex Near Victorian Square

      Charming, remodeled duplex in prime Sparks location with income potential.
      1224 F 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
    • New
      $499,000
      0.19 Acres

      Sparks Triplex on Large Lot

      Centrally located triplex with development potential near downtown Sparks.
      1830 C St, Sparks, NV 89431
      View Details
    • New
      $1,299,000
      4,392 SF

      Sparks Multifamily Investment Opportunity

      Turnkey six-unit multifamily property near downtown Sparks, Nevada.
      1947 H St, Sparks, NV 89431
      View Details
    • $147,000
      560 SF

      Sparks Storage Condo For Sale

      Storage condo for boats, RVs, vehicles, and general storage.
      11440 Digital Ct, Sparks, NV 89441
      View Details
    • $133,000
      940 SF

      Top-Floor Unit in 55+ Community

      Comfortable 2-bedroom unit in a well-kept 55+ co-op.
      1940 4Th St, Sparks, NV 89431
      View Details
    • $1,200,000
      6,644 SF

      Sparks Multi-Unit Investment Opportunity

      Multi-unit property with income-producing buildings in Sparks, Nevada.
      1541 G St, Sparks, NV 89431
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Own Your Storage Unit; Prime Location
    Where is this multifamily property located?
    The property is located at 11440 Digital Ct Sparks, NV.
    What is the asking price?
    The asking price for this property is $109,888.
    What are key features of this property?
    This property features: $109,888 asking price for this 504 sq ft self-storage condo.; 2020-built condo located at 11440 Digital Court, Unit E92, Sparks, NV 89441.; 15-foot ceiling height.
    (925) 321-8042 Call to check price and availability
    Request Owner's contact information
    11440 Digital Ct Sparks, NV 89441
    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.
    11440 Digital Ct
    Sparks, NV 89441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    11440 Digital Ct Sparks, NV 89441
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kerry Herdt
    Kerry Herdt
    Real Estate License ID: 0146281
    (925) 321-8042 (775) 823-8787
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!