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Property profile & analytics
OFF-MARKET
Warehouses

200 Academy Way Sparks, NV 89441

25,880 SF 2.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25,880-square-foot industrial property, located at 200 Academy Way in Sparks, Nevada, is available for sale or lease. The single-story building sits on a 2.1-acre lot and features six loading docks, 26 parking spaces, and an 18-foot ceiling height. The property is zoned for industrial use and includes a 740-square-foot office space. The building offers divisibility options, ranging from approximately 2,400 to 25,880 square feet, providing flexibility for various business needs. A significant yard area is also available for outdoor storage and loading. Situated within the Spanish Springs Business Center, a 594-acre master-planned business park, this location benefits from proximity to a rapidly growing residential area in Northern Nevada. Construction is slated to begin in July 2024, with an anticipated completion date of June 2025. The property's APN is 538-181-14. This Class A flex industrial space presents a compelling opportunity for owner-users seeking a modern and strategically located facility.

Property profile
Verified
Property type Warehouses
Total area 25,880 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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