Financial
Distress signals
Property profile

1025 Waltham Way Sparks, NV 89437

FOR LEASE
Other industrial properties
Property ID
US62-0346898
432,320 SF 25.93 ac lot
Last sale Nov 2021 · $6,475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An industrial flex building totaling 101,917 square feet is arranged with multiple divisible suites, including Suite A, Suite B, and Suite C, and includes existing and planned/permitted office space. The warehouse/industrial portion features a 36-foot clear height and a 56-foot by 50-foot column spacing, supporting flexible warehouse and light industrial uses. The property provides on-site parking for 142 automobiles and 15 trailers. Loading accommodations include 32 dock doors equipped with…

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?
$329k
Tax billed · 2023
Assessed value$9.61M
Assessed land$807k
Assessed improvement$8.81M
Effective rate3.42%

Value estimate

· Sep 2026
$7.03M
$6.32M – $7.73M
AI approach$7.74M
Submarket $/SF estimate$8.36M

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?

Location

1025 Waltham Way Sparks, NV 89437
County assessor Recorded deeds · 6 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
450 Pittsburgh, Sparks, NV 89437-6506 $53,900,000 Jul 2024 354,640 SF
500 Denmark, Sparks, NV 89437 $41,662,000 Jun 2024 322,400 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
655 Waltham, Sparks, NV 89437-6695 $6,935,000 Jun 2022 332,640 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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