55 Denmark Dr Sparks, NV 89437
- Industrial land
- 5.00 lot acres
Current Use by Public Records
- Industrial land
Property Details for 55 Denmark Dr
- Lot size
- 5.00 lot acres
- Zone code
- I-2
- Property type
- Industrial land
- APN
- 005-101-09
- APU
- 510109
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Storey
- State
- Nevada
- Longitude
- -119.485
- Latitude
- 39.5402
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
