55 Denmark Dr Sparks, NV 89437
This exceptional 5-acre commercial and industrial land parcel, located at 55 Denmark Drive, Sparks, NV 89437 (APN 005-101-09), presents a unique investment opportunity within the thriving Tahoe Reno Industrial Center (TRIC). Situated in business-friendly Storey County, Nevada, this property boasts expedited permitting processes, benefiting from the area's attractive tax structure—no state or corporate income tax. The lot offers excellent access via Denmark Drive and USA Parkway, placing it within 20 minutes of Reno and 45 minutes of Lake Tahoe. The property's zoning allows for commercial, retail, and light industrial development, making it ideal for a wide range of businesses. This prime location within TRIC positions your investment amongst established industry leaders, including Tesla, Switch, Google, Apple, and many others, creating a dynamic and rapidly growing business environment. The asking price is $2,722,250, translating to approximately $12.50 per square foot. This represents a compelling opportunity to capitalize on the high demand for commercial and retail space in this strategically advantageous location, further enhanced by its designation as an Opportunity Zone. The property is ready for immediate development, offering a seamless transition from acquisition to construction.
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
I-2 · Sparks, NVCosts & 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.