Technical
Financial
Distress signals
Property profile

455 Italy Dr Sparks, NV 89437

FOR SALE
Industrial land
Property ID
US62-0343080
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard
455 Italy Dr, Sparks, NV 89437 For Sale
Contact for pricing
455 Italy Dr, Sparks, NV 89437
View Listing →

Property summary

AI-generated overview

This exceptional build-to-suit opportunity presents a prime 201,600-square-foot industrial space within the prestigious Tahoe Reno Industrial Center in Sparks, Nevada. Located at 455 Italy Drive, zip code 89437, this property offers unparalleled access to major transportation arteries, making it ideal for distribution, manufacturing, or warehousing operations. The building, slated for completion in 2025, provides a blank canvas for businesses seeking a state-of-the-art facility tailored to their specific needs. Situated in Storey County, this location benefits from a robust infrastructure and a strategic position within a thriving industrial hub. The property's expansive square footage allows for efficient workflow and ample storage capacity. This build-to-suit option allows for complete customization, ensuring the final product perfectly aligns with the tenant's operational requirements. Interested parties are encouraged to inquire for further details regarding sale or lease options. The property's latitude and longitude coordinates are 39.53334962576607 and -119.47905196532538 respectively. This is a rare chance to secure a brand-new, highly adaptable industrial space in a sought-after Nevada location.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
APN 005-091-60
UPID US62-0343080

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
  • Distribution Center Logistics Company

Location

455 Italy Dr Sparks, NV 89437
Sparks metro Census 970200 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
by Request
Blend (final) Blend
$3.77M

Owner & transaction history

since 2022
Last sale
$3.8M
1 recorded transaction
2022
$3.8M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message