150 Germany CirSparks, NV 89437

  • Land
  • 12.31 AC
For Sale
$3,500,000 View listing

Property Details for 150 Germany Cir

Lot size
12.31 AC
Zone code
I-2
Property type
Land
Property subtype
Other industrial land
APN
005-061-49
APU
506149

Description

This exceptional 12.31-acre commercial and industrial land parcel presents a unique investment opportunity in the heart of the Reno-Tahoe Industrial Center (TRIC) in Sparks, Nevada. Strategically positioned within the largest industrial park in the United States, this property boasts a prime location just 15 miles west of Fernley and 20 miles east of downtown Reno. The site is ideally situated, surrounded on three sides by the Union Pacific Intercontinental rail line, offering unparalleled logistical advantages. Pre-graded to accommodate a substantial structure exceeding 120,000 square feet, the property includes ample space for parking and shipping/receiving docks. This ready-to-develop site benefits from existing water rights, making it an attractive option for a wide range of industrial and commercial ventures. The surrounding area is home to a diverse range of established businesses, including Tesla, Switch Data Center, Panasonic, Microsoft, Apple, Google, Blockchains LLC, eBay, Walmart Distribution Center, Zulily, Aqua Metals, BioEnergy, and Fulcrum, among many others, highlighting the robust and growing nature of the TRIC industrial ecosystem. The property's size, location, and infrastructure make it an exceptional opportunity for significant development and long-term growth. The asking price is $3,500,000. The property is offered for sale by owner. Located at 150 Germany Cir, Sparks, NV 89437.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $116,544,888
    Hospitality
    $106,754,488
    Educational
    $88,818,480
    Medical
    $91,873,088
    Retail
    $138,162,080
150 Germany Cir, Sparks, Nevada
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Location Insight

City
Sparks
County
Storey
State
Nevada
Latitude
39.5307
Longitude
-119.486
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,470
$360,340
-
$360,340
-
$1,029,542
-
$1,029,542

FAQs

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