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Property summary
This exceptional 2.37-acre commercial land parcel in Sparks, Nevada (APN 026-284-34), is zoned for mixed-use development and offers a unique opportunity to construct a 108-unit multifamily project. The approved plans include three three-story buildings, each housing 36 units, supported by 108 surface parking spaces. Situated within the Evergreen Plaza Shopping Center at 2302 Oddie Blvd, zip code 89431, this site benefits from its proximity to the thriving Oddie District, an urban infill… redevelopment project featuring diverse businesses such as Mythic Gymnastics, The Innovation Collective, Cartwheel Robotics, CoffeeBar, Fifty Fifty Brewing Company, and Nevada Works. The location also enjoys convenient access to major transportation arteries, including Interstate 80 and Interstate 580, and is just seven minutes from the University of Nevada, Reno. Recent infrastructure improvements, including a $55 million road upgrade project enhancing the Oddie-Wells Corridor, further enhance the site's appeal. The property's location near established retailers like Walgreens, Dollar Tree, and numerous restaurants, as well as major employers such as Amazon, Chewy, and others, ensures strong rental demand. This is an ideal location for an affordable housing development in a HUD Qualified Census Tract zone. The asking price for this exceptional development opportunity is $2,160,000. The retail portion of the Evergreen Plaza Shopping Center may be acquired separately.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,480 SF
- Lot area
- 8.12 ac
- Year built
- 1980
- Stories
- 1
- APN
- 026-284-34
- Zoning
- MUD
- Assessed value · 2023
- $1,986,980
- Annual tax · 2023
- $71,912
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
These districts provide a mix of uses, including high-density residential. The district allows vertical and/or horizontal mixing of uses on sites. The regulations create mix of uses with an efficient and compact developm…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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