Technical
Financial
Distress signals
Property profile

1055 Greg St Sparks, NV 89431

OFF-MARKET
Other warehouses
Property ID
US62-0400950
10,000 SF 1.32 ac lot Built 1965
Entity Owned Free & Clear
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Property summary

AI-generated overview

Industrial facility in Sparks, Nevada, constructed with poured-in-place concrete floors, columns, and a roof deck. The building includes approximately 10,000 square feet of office space and clear heights of about 22 to 24 feet, with typical column spacing of roughly 28 by 38 feet. Loading and access features include 14 dock-high doors, 3 grade-level doors, 2 truck-level doors, and 2 rail-height doors. Production areas are equipped with floor drains, with food production drains routed to a large solid separator; manufacturing zones are designed to maintain positive air pressure. The facility includes an 80 by 42 foot cold storage area maintained at approximately 50°F, as well as designated maintenance and storage rooms. The site is fully secured with perimeter fencing, a guard shack, and two motorized gated access points, and includes a truck scale, exterior lighting throughout the secured fenced area, a graded gravel and concrete yard, and approximately 125 parking spaces. Select food processing equipment is included.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,000 SF
Lot 1.32 ac (57,673 SF)
Zoning code I
APN 034-112-50
UPID US62-0400950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Auto Repair Shop
  • Industrial Manufacturer Production Facility

Location

1055 Greg St Sparks, NV 89431-6027
Sparks metro Census 3111 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.21M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.97M

Owner & transaction history

since 2026
Last sale
$817,102
6 recorded transactions
2026
Price N/A
2026
$817,102
2021
$10.0M
2021
$1.7M
2006
Price N/A
2005
Price N/A

Zoning & alternative use

I · Sparks, NV
Zoning description

I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of I-80 between the western and eastern City boundaries. Other potential areas suited…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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