0 Dolores Dr Sparks, NV 89436
This exceptional 80.89-acre commercial land parcel, located at 0 Dolores Drive in Spanish Springs, Nevada (zip code 89436), presents a unique investment opportunity. Priced at $2,550,000, or $31,523.12 per acre, this property comprises two contiguous sites of 40.438 and 40.455 acres respectively, situated within the master-planned Sonoma Highlands community. Its strategic location offers adjacency to key thoroughfares like Eagle Canyon Road and Pyramid Highway, ensuring high visibility and accessibility. The property is zoned NUD, and the total square footage is 3,523,568. Spanish Springs is a rapidly expanding and highly sought-after Reno submarket experiencing significant growth, fueled by new residential, retail, medical, and office developments. This area's proximity to California's technology sector has attracted substantial investment in recent years, creating a robust and dynamic market. The affordability relative to the Bay Area has made Spanish Springs a desirable location, further enhancing its long-term growth potential. This presents a rare chance to acquire a substantial land holding in a thriving Nevada market. The property's size and location make it ideal for large-scale retail development or other commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.