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    Property profile & analytics
    OFF-MARKET
    Land

    0 Virginia St Sparks, NV 89431

    3.01 ac lot
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    Property summary
    AI-generated overview

    This exceptional 3.008-acre parcel of land, located in Sparks, Nevada (Washoe County, zip code 89431), presents a unique opportunity for development. Situated on North Virginia Street near Stead Boulevard and with convenient access to Interstates 580 and 395, this property benefits from an unparalleled location within a thriving logistics hub. The site is zoned Industrial Commercial (IC), making it suitable for a variety of industrial and commercial uses. Its proximity to major transportation arteries ensures efficient distribution and supply chain operations. Neighboring businesses include Amazon's last-mile distribution center and OnTrac, further highlighting the area's strategic importance. Municipal utilities are readily accessible on North Virginia Street

    Property profile
    Verified
    Property type Land
    Lot 3.01 ac (131,028 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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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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