Entity Owned Property summary
This exceptional 45,068 square foot shopping center, built in 2008, presents a compelling investment opportunity. Located at 1315 Scheels Drive in Sparks, Nevada (89434), within the Outlets at Legends, a premier power center attracting over 10.1 million visitors annually. The property boasts 100% occupancy with three strong tenants: Old Navy (corporate lease), Crunch Fitness (with a significant personal guarantee), and Creative Hot Tub Designs (lease extended April 2024). The center benefits… from its strategic location within the Outlets at Legends, anchored by major retailers such as Target, Lowe's, and a regional IMAX theatre, ensuring consistent high traffic. The presence of Scheels, a massive 295,000 square foot sporting goods retailer, further enhances the property's visibility and draws significant customer traffic from a wide area. The asking price is $8,562,000, representing a price per square foot of $189.98 and a 7.50% cap rate, with a current NOI of $642,119. The property sits on a 4.1-acre lot. Nevada's tax-free status adds to the investment's attractiveness. This is a rare opportunity to acquire a high-performing retail asset in a prime location with strong, established tenants and exceptional visibility.
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
3 recorded sales · 15 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
- 29,537 SF
- Lot area
- 4.1 ac
- Year built
- 2008
- Stories
- 1
- APN
- 037-031-05
- Zoning
- NUD
- Assessed value · 2023
- $2,518,116
- Annual tax · 2023
- $88,006
- Restaurant
- Retail Stores · current use
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.
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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