Technical
Financial
Distress signals
Property profile

180 Design Pl Sparks, NV 89441

OFF-MARKET
Industrial land
Property ID
US62-0515585
2.49 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 180 Design Place in Sparks, Nevada (zip code 89441), offers 26,579 square feet of flexible and warehouse space across two modern, two-story buildings. Built in 2024, the park features eight total suites, with five currently available, ranging from 2,798 to 14,478 contiguous square feet. The property sits on 2.48 acres of land and boasts a 24-foot ceiling height, ideal for various industrial uses. Each suite includes one 12'7"W x 12'H roll-up door and benefits from 200A, 480V 3-phase power, along with a 120/208 3-phase panel. Fiber internet is being installed. Ample parking is provided with 88 total spaces, supplemented by eight convenient drive-in bays. The property is zoned for industrial use (APN: 538-141-20) and enjoys a prime location in the Reno/Sparks submarket, near Pyramid Way within the Spanish Springs Business Park. This is a rare opportunity to secure high-quality, modern industrial space in a thriving Nevada market. The property is conveniently located and offers excellent access to major transportation routes.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.49 ac (108,290 SF)
Zoning code I
APN 538-141-20
UPID US62-0515585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

180 Design Pl Sparks, NV 89441-4889
Sparks metro Census 3519 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2022
Last sale
$435,000
4 recorded transactions
2022
$435,000
2017
$203,000
2006
Price N/A
1969
Price N/A

Zoning & alternative use

I · Sparks, NV
Zoning description

I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of I-80 between the western and eastern City boundaries. Other potential areas suited…

General category INDUSTRIAL

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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