Secure Storage Condo
For Sale
$99,000
E89-11440 Digital Ct, Sparks, NV
Ownership storage condo with a roll-up garage door, gated access, and on-site wash and dump facilities.
Property Size580 SF
Price / SF$170.69
Days on Market195
Property Features for E89-11440 Digital Ct
General Information
Standard status
Active
Size
580 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$697
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Christopher Raynor
(209) 324-0170
Source:
Exprealty
Added: Apr 2
Changed: Sep 10
Last Checked: Oct 13 at 1:07AM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
Storage Condos at LuxeLocker Spanish Springs presents a secure, purpose-built ownership unit designed for storing boats, RVs, vehicles, or general storage needs. Unit E89 provides approximately 14.5' by 40' of versatile space and features an automatic overhead garage door with opener for practical day-to-day access. The complex includes secure, gated entry with surveillance throughout, along with a commercial wash bay, dump station, and on-site showers.
The property is located just off Highway 445 and Ingenuity Avenue in Spanish Springs, offering convenient access for owners who want a straightforward drive-in, use-it-and-go workflow. The facility is maintained by a professionally managed association, supporting an organized, consistent environment across the complex.
This is an individually owned storage condo unit, offering direct control of the space rather than a traditional rental arrangement. For buyers or operators looking for a secure storage setup with vehicle-focused amenities like wash and dump services, Unit E89 provides a compact footprint with gated security, controlled entry, and an automated overhead door designed for regular access.
The property is located just off Highway 445 and Ingenuity Avenue in Spanish Springs, offering convenient access for owners who want a straightforward drive-in, use-it-and-go workflow. The facility is maintained by a professionally managed association, supporting an organized, consistent environment across the complex.
This is an individually owned storage condo unit, offering direct control of the space rather than a traditional rental arrangement. For buyers or operators looking for a secure storage setup with vehicle-focused amenities like wash and dump services, Unit E89 provides a compact footprint with gated security, controlled entry, and an automated overhead door designed for regular access.
Key Highlights
- Ownership storage condo at LuxeLocker Spanish Springs with secure, gated access and surveillance
- Unit E89 includes approximately 14.5' x 40' of storage space with an automatic overhead garage door and opener
- On‑site commercial wash bay plus dump station and on‑site showers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,954
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,080
$119.1K
Cap Rate 7%
$85,057
$85.1K
Cap Rate 9%
$66,156
$66.2K
Market Conditions
NOI Build-Up for 580 SF
Gross rent
$9.0K $15.60/SF
− Vacancy
−$543 −$0.94/SF
EGI
$8.5K $14.66/SF
− OpEx
−$2.6K −$4.40/SF
NOI
$6.0K $10.26/SF
Area
Sparks, NV
Vacancy
6.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,080
Cap Rate 7%
$85,057
Cap Rate 9%
$66,156
Alternative Uses
Best Use
Self Storage
$85.1K
$74.4K – $99.2K
NOI $5,954 @ 7.0% cap · market cap 6.01%
Second Best
Warehouse
$65.2K
$57.0K – $76.0K
NOI $4,561 @ 7.0% cap · market cap 4.61%
Theoretical Best
Specialty Retail
$205.3K
$179.6K – $239.5K
NOI $14,371 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Ownership storage condo with a roll-up garage door, gated access, and on-site wash and dump facilities.
Where is this self storage facility located?
The property is located at E89-11440 Digital Ct Sparks, NV.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Ownership storage condo at LuxeLocker Spanish Springs with secure, gated access and surveillance; Unit E89 includes approximately 14.5' x 40' of storage space with an automatic overhead garage door and opener; On‑site commercial wash bay plus dump station and on‑site showers
