1-80 & Peri Rnch Rd Sparks, NV 89434
This exceptional 169-acre industrial development property is strategically located at the intersection of I-80 and Peri Ranch Road in Sparks, Nevada (zip code 89434), Storey County. Zoned for industrial use, this expansive parcel presents a unique opportunity for significant development. The asking price is $7,000,000, translating to an attractive price per acre of $41,420. The land boasts a combination of flat and hillside terrain, suitable for a variety of industrial projects including warehouses, truck parking facilities, mini-warehouses, and light industrial uses. A substantial portion of the land is readily usable for development. The property's location offers convenient access to major transportation arteries, being just 9 miles east of Reno/Sparks. Existing infrastructure includes readily available utilities, sewer, and waste disposal services. River frontage adds further value and potential development options. The seller is open to considering the sale of a large portion of the land, providing flexibility for various investment strategies. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a rapidly growing area of Nevada.
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
Similar Nearby for Sale
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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.