320 Coney Island Dr Sparks, NV 89431
- Warehouses
- 9,940 SF
- 0.53 lot acres
Current Use by Public Records
- Granite Perfection / Bathroom Remodeler / Kitchen Remodeler
Property Details for 320 Coney Island Dr
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.53 lot acres
- Property size
- 9,940 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- 034-410-01
- APU
- 3441001
Description
This single-tenant industrial warehouse, located at 320 Coney Island Dr. in the desirable Sparks Industrial Submarket of Washoe County, Nevada, presents a compelling leasing opportunity. The property, built in 1981, sits on a 0.534-acre lot and offers a total of 9,940 square feet of space. The warehouse itself comprises 8,860 square feet, featuring a generous 16-foot clear ceiling height, ideal for various industrial uses. Access is provided by two grade-level drive-in doors, each measuring 12 feet wide by 14 feet high. The property also includes 1,080 square feet of office space, providing ample room for administrative functions. Power is robust, with 800 AMP, 480 Volt service available. The property is zoned I and its APN is 034-410-01. This well-maintained warehouse offers a functional layout and is ready for immediate occupancy. Its strategic location within the Sparks submarket provides easy access to major transportation routes and a skilled workforce. This is an exceptional opportunity for businesses seeking efficient and well-equipped warehouse space in a thriving industrial area. The property is a single-story building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,595,000
- 6.5%
- $1,495,000
- 7%
- $1,395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,555,000
- Geo Method
- $1,515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,295,000
- Retail
- $1,195,000
- Mixed-Use
- $1,185,000
- Hospitality
- $1,560,000
- Educational
- $1,195,000
- Residential Income
- $1,175,000
- Energy
- $1,480,000
- Income-Based Land
- $1,245,000
- Food Service
- $1,120,000
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Washoe
- State
- Nevada
- Longitude
- -119.747
- Latitude
- 39.5195
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
