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Property profile & analytics

1575 Crane Way Sparks, NV 89431-5609

  • Manufacturing properties
  • 48,000 SF
  • 1.53 lot acres
OFF-MARKET
Value Estimation
$1,545,000
Location Intelligence
Property ID
US62-0762715
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.

Current Use by Public Records

  • Manufacturing properties

Property Details for 1575 Crane Way

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.53 lot acres
Property size
48,000 SF
Zone code
I
Property type
Manufacturing properties
APN
032-250-42
APU
3225042

Description

This exceptional 48,000-square-foot industrial property, located at 1575 Crane Way in Sparks, Nevada, presents a unique investment opportunity. Situated on a 1.53-acre lot, this single-tenant building boasts a versatile design suitable for a variety of uses, including refrigerated/cold storage, manufacturing, flex space, distribution, warehousing, and research & development. Originally constructed in 1992, the property underwent a complete reconfiguration in 2019, with over $4 million invested in capital improvements. These upgrades have transformed the facility, which currently operates as a cannabis extraction, processing, and manufacturing plant. The property features ample front building parking and benefits from a 2,000 AMP power supply. Its zoning designation is "I," and the Assessor's Parcel Number (APN) is 032-250-42. The building's modern infrastructure and flexible layout make it ideal for a wide range of industrial operations. This prime location in Sparks, Nevada (zip code 89431) offers excellent access to transportation networks and a skilled workforce. The property's recent renovations ensure modern functionality and efficiency, making it a highly attractive investment prospect. The combination of size, location, and recent upgrades makes this a truly exceptional industrial property.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Sparks
County
Washoe
State
Nevada
Longitude
-119.763
Latitude
39.5318
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
$26,892
$166,505
$659,687
$826,192
-
$475,729
$1,884,820
$2,360,549
More about this property
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