Property summary
This exceptional 0.39-acre commercial land parcel presents a unique redevelopment opportunity in the thriving city of Sparks, Nevada. Located at 505 Greenbrae Drive, this strategically positioned lot offers 16,988 square feet of space and boasts 152 feet of frontage on Greenbrae Drive, with cross-street access via Greenbrae/Pyramid Way. Its convenient location places it just one block east of Pyramid Way, offering excellent visibility and accessibility. The property is zoned C2 - General Commercial under Washoe County zoning regulations, allowing for a variety of commercial development options. The assessor's parcel number is 033-012-32. This prime location offers significant potential for businesses seeking high visibility and convenient access to a bustling commercial area. The site's size and zoning make it ideal for a range of commercial ventures, capitalizing on the strong economic activity in the surrounding area. This is a rare opportunity to acquire a well-situated parcel ready for immediate development. The property's location offers easy access to major transportation routes and is situated near established businesses and amenities. This makes it an attractive option for developers and investors seeking a high-return investment in a dynamic and growing market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C2 district provides a mix of retail and other commercial services in concentrated centers that serve the local community, or tourist-oriented uses adjacent to I-80 and the Spanish Springs Valley. It may also include lar…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Sparks, NVC2 district provides a mix of retail and other commercial services in concentrated centers that serve the local community, or tourist-oriented uses adjacent to I-80 and the Spanish Springs Valley. It may also include lar…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C2 district provides a mix of retail and other commercial services in concentrated centers that serve the local community, or tourist-oriented uses adjacent to I-80 and the Spanish Springs Valley. It may also include lar…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Sparks, NV.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight