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Property profile & analytics
OFF-MARKET
Distribution centers

1610 Pittman Ave Sparks, NV 89431

2,280 SF
Entity Owned 1-yr Hold
Property ID
US62-0475262
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 Distribution centers
Total area 2,280 SF
APN 032-271-16
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nevada Exhaust Cleaning Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Valdivia Family LLC · 1 yrs held
Valdivia Family LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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