Financial
Distress signals
Property profile

945 Spice Iss Dr Sparks, NV 89431

OFF-MARKET
Other warehouses
Property ID
US62-0431227
90,101 SF 4.25 ac lot Built 1979
Last sale May 2024 · $15,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 945 Spice Islands Drive is a commercial industrial space situated along an industrial and commerce corridor, with established infrastructure and strong street visibility. The configuration is suitable for a range of business uses that require functional commercial space in a well-trafficked area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$1.25M
Assessed land$518k
Assessed improvement$736k
Effective rate3.22%

Value estimate

· Sep 2026
$15.30M
$13.77M – $16.83M
AI approach$15.30M
CAP approach$10.90M
Submarket $/SF estimate$10.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$114 – $233

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.2
Butcher8.1
Cafe & Coffee Shop7.8

Location

945 Spice Iss Dr Sparks, NV 89431-7107
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1555 Crane, Sparks, NV 89431-5609 $4,250,000 May 2025 48,000 SF
1095 Spice Iss, Sparks, NV 89431-7144 $27,850,000 Jan 2025 181,600 SF
599 Nugget, Sparks, NV 89431-5848 $11,000,000 Sep 2024 53,395 SF
120 Greg, Sparks, NV 89431-6280 $12,750,000 Apr 2024 93,900 SF
50 Freeport, Sparks, NV 89431-6274 $8,405,558 Apr 2024 34,925 SF
1080 Linda, Sparks, NV 89431-6167 $3,725,592 Apr 2024 29,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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