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Property profile & analytics
OFF-MARKET
Industrial land

55 Denmark Dr Sparks, NV 89437

5 ac lot
Entity Owned Free & Clear
Property ID
US62-0427392
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 5 ac (217,800 SF)
Zoning code I-2
APN 005-101-09
UPID US62-0427392
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Orc Investment LLC
Orc Investment LLC
since 2025
5 recorded transactions
2025
$375,000
2025
$153,356
2025
Price N/A
2019
$2.1M
2006
$598,950
Zoning & alternative use
I-2 · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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