505 Greenbrae Dr Sparks, NV 89431
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Sparks, NVSparks. Always verify with local authorities before improvements.
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.