Storage Condo with Overhead
E91-11440 Digital Ct Sparks, NV
For Sale
$115,000
Commercial storage condo in a secure gated complex with an automatic overhead garage door and opener.
Property Size504 SF
Price / SF$228.17
Days on Market113
Property Features for E91-11440 Digital Ct
General Information
- Standard status
- Active
- Size
- 504 SF
Listing Agency:
LPT Realty, LLC
(925) 321-8042
Listed By:
Kerry Herdt · License #BS.146281
(925) 321-8042
Source:
Exprealty
Added: Apr 3
Changed: Jul 22
Last Checked: Jul 23 at 4:14PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This is an individual commercial storage condo within Big Box Storage Condos, a gated complex designed for boat, RV, vehicle, and general storage. The unit is configured as a storage space with an automatic overhead garage door and opener. The facility also includes security cameras, along with a commercial wash bay and dump station, plus showers.
The complex is described as being located directly off Highway 445 and Ingenuity Ave in Sparks, Nevada.
Owners pay a fee of 1–1.5% of the sales price to the Capital Reserves/Admin for CAM, supported by a commercial management association to maintain the complex.
The complex is described as being located directly off Highway 445 and Ingenuity Ave in Sparks, Nevada.
Owners pay a fee of 1–1.5% of the sales price to the Capital Reserves/Admin for CAM, supported by a commercial management association to maintain the complex.
Key Highlights
- 14 x 36 commercial storage condo unit in a secure, fully gated complex
- Includes an automatic overhead garage door and opener for convenient access
- Facility features security cameras and a gated, secure setup
Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.9k | $15.60 |
| − Vacancy | −$472 | −$0.94 |
| EGI | $7.4k | $14.66 |
| − OpEx | −$2.2k | −$4.40 |
| NOI | $5.2k | $10.26 |
504 SF · lease $15.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$73.9K
$64.7K – $86.2K
NOI $5,173 @ 7.0% cap · market cap 4.50%
Second Best
Warehouse
$56.6K
$49.5K – $66.1K
NOI $3,963 @ 7.0% cap · market cap 3.45%
Theoretical Best
Specialty Retail
$178.4K
$156.1K – $208.1K
NOI $12,488 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Commercial storage condo in a secure gated complex with an automatic overhead garage door and opener.
Where is this self storage facility located?
The property is located at E91-11440 Digital Ct Sparks, NV.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 14 x 36 commercial storage condo unit in a secure, fully gated complex; Includes an automatic overhead garage door and opener for convenient access; Facility features security cameras and a gated, secure setup
