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Property profile & analytics
FOR SALE
Industrial land

455 Italy Dr Sparks, NV 89437

Entity Owned 3-yr Hold Free & Clear
Property ID
US62-0343080
455 Italy Dr, Sparks, NV 89437 For Sale
$3,765,000
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Walmart Distribution Truck Gate Distribution Center Logistics Company
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
455 Italy Drive LLC · 3 yrs held
455 Italy Drive LLC
since 2022
Last sale
$3.8M
1 recorded transaction
2022
$3.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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