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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Dolores Dr Sparks, NV 89436

3,523,568 SF 80.89 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,523,568 SF
Lot 80.89 ac (3,523,568 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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