Financial
Distress signals
Property profile

3200 Usa Pkwy Sparks, NV 89437

FOR LEASE
Other industrial properties
Property ID
US62-0724737
705,872 SF 48.09 ac lot Built 2014
Last sale Jun 2024 · $81,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An industrial building comprising approximately 707,010 square feet is located at the corner of USA Parkway and Sydney Drive in Sparks, Nevada, within the Tahoe Reno Industrial Center (TRIC).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$410k
Tax billed · 2023
Assessed value$12.90M
Assessed land$1.48M
Assessed improvement$11.42M
Effective rate3.18%

Value estimate

· Sep 2026
$45.77M
$41.19M – $50.34M
CAP approach$58.61M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$413/SF
Submarket average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$157 – $854

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
JurisdictionSTOREY

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand index
Furniture Store8.1
Auto Parts Store8.1
Building Supply8.1

Location

3200 Usa Pkwy Sparks, NV 89437
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Milan, Sparks, NV 89437-5611 $82,500,000 Nov 2023 632,080 SF
75 Pittsburgh, Sparks, NV 89437-6507 $61,991,394 Aug 2023 489,440 SF
1500 Waltham, Sparks, NV 89437-6603 $79,600,000 Oct 2022 596,400 SF
1025 Waltham, Sparks, NV 89437-6605 $6,475,000 Nov 2021 432,320 SF
1200 Venice, Sparks, NV 89437-4400 $72,723,607 Nov 2021 870,720 SF
550 Milan, Sparks, NV 89437-5606 $10,063,666 Jun 2019 610,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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