1-80 & Peri Rnch Rd Sparks, NV 89434
- Land
- 169.00 lot acres
Current Use by Public Records
- Land
Property Details for 1-80 & Peri Rnch Rd
- Lot size
- 169.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Storey
- State
- Nevada
- Longitude
- -119.632
- Latitude
- 39.5096
