314 Rock Blvd Sparks, NV 89431
This exceptional investment opportunity encompasses three adjoining parcels totaling 0.33 acres in Sparks, Nevada, situated at 314 Rock Blvd and nearby addresses. The portfolio includes three single-family residences: a 962 sq ft home at 314 Rock Blvd (APN #032-075-18), a 2707 sq ft, two-unit residence at 1662 "C" St (APN #032-075-13) featuring a finished basement, and a vacant 5968 sq ft lot at 1642 "C" St (APN #032-075-17). The combined square footage of the improved properties is 3,669 sq ft. The properties are currently tenant-occupied, requiring 24-hour notice for showings. All offers are considered "as is." A recent survey (June 2024) is available for all three parcels. The property is zoned MUD, offering significant development potential. The City of Sparks zoning may permit live/work units, condos/townhouses, commercial development, and various business operations. The asking price is $590,000, translating to $160.81 per square foot. The year built is 1937. The seller is motivated and will consider all offers. Institutional and/or fixer funds may be available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.