Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12000 Truckee Cyn Ct Sparks, NV 89434-6524
    Back to Search
    Property profile & analytics

    12000 Truckee Cyn Ct, Sparks, NV 89434-6524

    View on Map
    • Manufacturing properties
    • 45,150 SF
    • 4.50 lot acres
    Off-Market
    Last Sale Mar 1, 2024
    Property ID
    US62-0734575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,420,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FoundryWorks - Sparks / Agricultural Service

    Property Details for 12000 Truckee Cyn Ct

    Year built
    2017
    Construction
    METAL FRAME
    Lot size
    4.50 lot acres
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    084-090-48
    APU
    8409048

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 1, 2024 — Lcr 12000 Truckee Canyon LLC Truckee Canyon Pm LLC Ground Lease · related —
    Dec 5, 2019 — Truckee Canyon Pm LLC Medmen Of Nevada-owner LLC Grant Deed —
    Jun 26, 2015 $1,100,000 Medmen Of Nevada-owner LLC Lee Family 2004 Trust Grant Deed $1M · Mosaic Tcc Sparks LLC
    Mar 24, 2011 — Owner Name Unavailable Owner Name Unavailable Grant Deed · related —
    Sep 29, 2006 — Casci & Guidotti Props LLC Owner Name Unavailable Grant Deed · related $674k · Sunwest Bk
    Feb 24, 2006 — Owner Name Unavailable Owner Name Unavailable Grant Deed · related —
    — — Lee Family 2004 Trust — Deed Of Trust · related $225k · David R & Connie Lee

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,060,000
      6.5%
      $3,750,000
      7%
      $3,480,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.627
    Latitude
    39.5194
    CBSA code
    39900
    CBSA name
    RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $102,411
    $343,035
    $3,113,620
    $3,456,655
    -
    $980,100
    $8,896,057
    $9,876,157

    Comparable in this City

    • Value Estimation
      $8,915,000
      65,600 SF

      550 Vis Blvd

      MANUFACTURING (LIGHT)
      550 Vis Blvd, Sparks, NV 89434-6632
      View Details
    • Value Estimation by Request
      169.00 Acres

      1-80 & Peri Rnch Rd

      Land
      1-80 & Peri Rnch Rd, Sparks, NV 89434
      View Details
    • Value Estimation by Request
      11.22 Acres

      650 Denmark Dr

      Land
      650 Denmark Dr, McCarran, NV 89434
      View Details
    • Value Estimation by Request
      1,445.00 Acres

      Trw Way

      INDUSTRIAL (GENERAL)
      Trw Way, Sparks, NV 89434
      View Details
    • Value Estimation by Request
      117,198 SF

      55 Vis Blvd

      WAREHOUSE, STORAGE
      55 Vis Blvd, Sparks, NV 89434-9506
      View Details
    • Value Estimation
      $12,650,000
      622,571 SF

      555 Vis Blvd

      WAREHOUSE, STORAGE
      555 Vis Blvd, Sparks, NV 89434-9662
      View Details

    Similar Nearby for Sale

    • $7,000,000
      169.00 Acres

      Riverfront Industrial Land - Sparks, NV

      169 Acres, Industrial Zoning, Excellent Development Potential.
      1-80 & Peri Rnch Rd, Sparks, NV 89434
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Property in Opportunity Zone

      Industrial property with office space, located in an Opportunity Zone.
      350 Salomon Cir, Sparks, NV 89434
      View Details
    • $1,500,000

      Retail Property in Sparks, Nevada

      Retail property accommodating two tenants in Sparks, Nevada.
      1351 E Prater Way, Sparks, NV 89434
      View Details
    • $1,921,000
      5 SF

      Industrial Land with Water Rights

      5.88 acres of industrial land with water rights.
      2900 Waltham Way, McCarran, NV 89434
      View Details
    • Contact for pricing

      Land Available in Sparks

      Land for sale on Scheels Dr, Sparks, NV.
      Scheels Dr, Sparks, NV 89434
      View Details
    • Contact for pricing
      76,665 SF

      Retail Property in Sparks, Nevada

      Retail property available for sale in Sparks, Nevada.
      1565 E Lincoln Way, Sparks, NV 89434
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space in Tahoe-Reno Center

      New industrial building for lease in Tahoe-Reno Industrial Center.
      99 Wild Horse Cyn Dr, Sparks, NV 89434
      View Details
    • Contact for pricing

      Sparks Warehouse Space Available

      Warehouse space for rent in Sparks, Nevada.
      100 Wild Horse Canyon, Sparks, NV 89434
      View Details
    • Contact for pricing
      282,000 SF

      Sparks Warehouse Space Available

      220,000 SF warehouse space with office available for lease.
      2777 Usa Pkwy, Sparks, NV 89434
      View Details
    • Contact for pricing
      180,470 SF

      Modern Distribution Warehouse Space

      Available warehouse space with office, dock doors, and high ceilings.
      727 Milan Dr, Sparks, NV 89434
      View Details
    • Contact for pricing
      77,281 SF

      Sparks Warehouse and Office Space

      Warehouse with office space, located in the I-80 Sparks Submarket.
      350 Lillard Dr, Sparks, NV 89434
      View Details
    • Contact for pricing
      161,093 SF

      Industrial Space in Tahoe Reno

      New 161,093 SF industrial space for lease.
      99 Wild Horse Cyn Dr, Sparks, NV 89434
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12000 Truckee Cyn Ct
    Sparks, NV 89434-6524
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12000 Truckee Cyn Ct, Sparks, NV, 89434
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!