Property profile

250 Vista Blvd Sparks, NV 89434

FOR LEASE
Warehouses
Property ID
US62-0451405
260,000 SF 14.1 ac lot Built 1994
Individually Owned 24-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 260,000-square-foot industrial and office property in Sparks, Nevada, presents a unique investment opportunity. Located at 250 Vista Blvd, this single-story, Class B building, constructed in 1994, sits on 14.1 acres and offers a diverse range of spaces, from traditional office to coworking, creative office, flex space, warehouse, and distribution. The property features 50 suites, with a minimum divisible space of 300 square feet and a maximum contiguous space of 50,000 square feet, catering to businesses of all sizes. Extensive amenities include 40 loading docks, 40 dock-high doors, 11 drive-ins, and 160 parking spaces. High ceilings (24 feet) and robust power (400 amps, 277-480 volts, 3-phase) support diverse operational needs. The property is zoned I and boasts convenient access via Loop Road. On-site management, 24/7 access, high-speed internet, and comprehensive security features enhance the operational efficiency and security of this versatile commercial space. The property's location in Sparks, NV (zip code 89434), offers excellent access to transportation networks and a thriving business community. This property is ideal for businesses seeking flexible, adaptable space with comprehensive support services. Additional amenities include package and mail handling, complimentary beverages, and forklift rentals.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 260,000 SF
Lot 14.1 ac (614,196 SF)
Zoning code I
APN 037-278-07
UPID US62-0451405

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
  • Construction Company General Contractor
  • Engineer
  • (Bike/Boat/Book/etc) Store
  • Freight Service Logistics Company
  • Coworking & Hybrid Office

Location

250 Vista Blvd Sparks, NV 89434
Sparks metro Census 3111 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.20M
Blend (final) Blend
$6.66M

Owner & transaction history

since 2001
1 recorded transaction
2001
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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