1-80 & Peri Rnch RdSparks, NV 89434

Property Details for 1-80 & Peri Rnch Rd

Lot size

169.00 AC

Property type

Industrial properties

Property subtype

Other land

Description

This exceptional 169-acre industrial land parcel presents a compelling investment opportunity in Sparks, Nevada. Located at the intersection of I-80 and Peri Ranch Road, this strategically positioned property boasts prime river frontage and offers significant development potential. Zoned for industrial use, the land is ideal for a variety of projects, including warehouses, truck terminals, mini-warehouses, and light industrial facilities. The site features a mix of flat and hillside terrain, with a substantial portion suitable for development. The asking price is $7,000,000, translating to approximately $41,420 per acre. This represents a compelling value, averaging roughly $0.95 per square foot. The seller is open to considering the sale of a large portion of the land, providing flexibility for various development scales. The property's location offers easy access to Reno/Sparks, situated just 9 miles east of the city. Essential utilities, including sewer and waste services, are readily available, simplifying the development process. This is a rare opportunity to acquire a sizable, well-located industrial land parcel with significant upside potential.

Location Insight

City

Sparks

County

Storey

State

Nevada

Latitude

39.5096

Longitude

-119.632

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