Property profile

390 Freeport Blvd Sparks, NV 89431

FOR SALE
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Property ID
US62-0366010
17,556 SF 1.99 ac Built 1974
Last sale Dec 2025·$8,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A flex/industrial property located in Sparks, Nevada, offering 2,878 square feet of interior space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$562k
Assessed land$273k
Assessed improvement$289k
Effective rate3.42%

Value estimate

· Nov 2026
$3.65M
$3.29M – $4.02M
AI approach$3.81M
NOI build-up
Gross scheduled income$763k
Vacancy & credit loss−$65k
Operating expenses−$244k
NOI · 5.21% cap applied$454k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$206 – $555
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.21%
$454k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of...
General categoryINDUSTRIAL
JurisdictionWASHOE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.6
Realty agency11.9
Skin Care Clinic11.6

Location

390 Freeport Blvd Sparks, NV 89431
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
210 Coney Is, Sparks, NV 89431-6314 $2,650,000 Jul 2025 11,840 SF
1615 Marietta, Sparks, NV 89431-6068 $2,000,000 Oct 2024 15,374 SF
397 Greg, Sparks, NV 89431-6205 $3,400,000 Oct 2024 12,250 SF
525 Spice Iss, Sparks, NV 89431-7166 $1,987,590 Jun 2024 22,250 SF
360 Freeport, Sparks, NV 89431-6224 $7,329,577 Apr 2024 18,480 SF
240 Freeport, Sparks, NV 89431-6221 $6,577,611 Apr 2024 21,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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