Property profile

1610 Pittman Ave Sparks, NV 89431

OFF-MARKET
Warehouses
Property ID
US62-0475262
2,280 SF
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents two adjacent properties at 1610 & 1630 Pittman Ave, Sparks, NV 89431. The combined offering totals 2,280 square feet of warehouse space, ideally suited for a small contractor or business seeking a convenient, all-in-one location. The property boasts a desirable corner lot with ample designated parking, providing easy access and functionality. This single-story building is zoned for industrial use, offering flexibility for various business operations. The location in central Sparks, Washoe County, ensures convenient access to major transportation routes and local amenities. A significant advantage is the inclusion of approved building plans for a substantial expansion, allowing for the construction of an additional 5,000 square feet of office or warehouse space. This presents a unique opportunity for growth and expansion to meet future business needs. The asking price for this combined property is $1,300,000. The property's Assessed Parcel Number (APN) is 032-271-16. This is a rare chance to acquire a well-situated, versatile industrial property with significant expansion potential in a thriving Nevada market.

Property profile

Verified
Property type Warehouses
Total area 2,280 SF
UPID US62-0475262

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
  • (Bike/Boat/Book/etc) Store

Location

1610 Pittman Ave Sparks, NV 89431
Sparks metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
$1.4M
2023
$700,000
2023
$5,039
2023
Price N/A
2020
$210,000
2018
$210,000

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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