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Property profile & analytics
OFF-MARKET
Industrial properties

1007 Greg St Sparks, NV 89431

34,200 SF 2.1 ac lot Built 1967
Property ID
Property summary
AI-generated overview

This exceptional 34,200 square foot industrial flex building, situated on a 2.1-acre lot in the Sparks Industrial submarket of Sparks, Nevada, presents a unique investment opportunity. Built in 1967 and renovated in 2019, the Class B property features seven suites within a single, one-story building. Currently, 5,000 square feet of space is immediately available, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 5,000 square feet. The property boasts a 16-foot ceiling height, two loading docks, twelve drive-in doors, and ample parking with 48 total spaces. The convenient location offers excellent frontage on Greg Street and easy access via Cross Street Marietta. Zoned I, the property features an APN of 034-112-40. One available suite (995) offers approximately 800 square feet of office space, overhead doors at both the front and rear for convenient loading, and access to fenced common rear parking. Stable net, net, net (NNN) expenses are only $0.18 per square foot per month. The property is available for occupancy on October 1, 2024.

Property profile
Verified
Property type Industrial properties
Year built 1967
Total area 34,200 SF
Lot 2.1 ac (91,476 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Admiral Dumpster Rental Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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