1300 Glendale Ave Sparks, NV 89431-6417
- Warehouses
- 39,400 SF
- 2.19 lot acres
Current Use by Public Records
- Sierra Welding Supply Co / Welding Supply Store
- Linde Welding Gas & Equipment Center / Welding Supply Store / Industrial Gas Supplier
Property Details for 1300 Glendale Ave
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.19 lot acres
- Property size
- 39,400 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- 034-261-05
- APU
- 3426105
Description
This exceptional 39,400-square-foot industrial warehouse, situated on 2.19 acres in East Sparks, Nevada, presents a significant leasing opportunity. The property boasts 15,200 square feet of readily available space, complemented by 1,562 square feet of office area (1,052 square feet on the first floor and 510 square feet on the second). The warehouse features a 21-foot ceiling height at the first column, with 50' x 20' column spacing, ensuring efficient use of space. Loading and unloading are facilitated by five dock-high doors and one drive-in door. The property includes a substantial 15,000-square-foot fenced and paved yard, ideal for storage or maneuvering. The building is equipped with a .40/2500 fire suppression system, 200A/208V 3-phase power, and benefits from two Cambridge warehouse heaters and office HVAC. Built in 1979, the single-story structure features tilt-up concrete construction and a newer TPO roof installed in August 2018. Skylights provide ample natural light. Utilities include Truckee Meadows Water Authority (TMWA) water service, city sewer, and NV Energy electric and gas service. The property is zoned Industrial (I) and has a Washoe County APN of 034-261-05. This endcap space presents a compelling opportunity for businesses seeking efficient and well-maintained industrial space in a prime East Sparks location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $860,000
- 6.5%
- $720,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $700,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $970,000
- Retail
- $975,000
- Mixed-Use
- $845,000
- Hospitality
- $770,000
- Educational
- $950,000
- Residential Income
- $1,000,000
- Energy
- $960,000
- Income-Based Land
- $795,000
- Food Service
- $715,000
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Washoe
- State
- Nevada
- Longitude
- -119.722
- Latitude
- 39.5278
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
