670 Greenbrae DrSparks, NV 89431

Property Details for 670 Greenbrae Dr

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.60 AC

Property size (Sq ft)

53,410 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

028-361-05

APU

2836105

Description

Greenbrae Commons, a two-story office building totaling 86,827 square feet, offers flexible space in Sparks, Nevada. This traditional and executive office space is situated at 670 Greenbrae Dr, Sparks, NV 89431, conveniently located at the intersection of Pyramid Way and Greenbrae Drive. The property features 8 available spaces ranging from a minimum of 328 square feet to a maximum contiguous space of 6,766 square feet, with a total of 12,381 square feet currently vacant. Built in 1964, the building sits on a 5.599-acre lot and includes passenger elevators. The property boasts ample surface-level parking and enjoys easy access to I-80 and McCarran Boulevard. Its prime location offers proximity to numerous retail establishments, parks, and residential areas. The property is multi-tenant and offers a variety of options for businesses seeking office space in the Sparks submarket. The APN is 028-361-05.

• CAP approach

  CAP return

  Valuation

  6%

  $8,026,950

  6.5%

  $7,409,492

  7%

  $6,880,243

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,230,356

  Geo Method

  $12,230,356

• Alternative Use

  Use

  Valuation

  Residential

  $9,187,771

  Hospitality

  $8,415,949

  Educational

  $7,001,970

  Medical

  $7,242,779

  Retail

  $10,891,954

Location Insight

City

Sparks

County

Washoe

State

Nevada

Latitude

39.5483

Longitude

-119.751

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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