590 Pyramid Way Sparks, NV 89431
Property profile & analytics
590 Pyramid Way Sparks, NV 89431
- Commercial land
- 11,564 SF
- 0.43 lot acres
Property ID
US62-1291412
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 590 Pyramid Way
- Year built
- 1968
- Construction
- WOOD FRAME
- Lot size
- 0.43 lot acres
- Property size
- 11,564 SF
- Zone code
- MUD
- Property type
- Commercial land
- APN
- 033-241-01
- APU
- 3324101
Description
This exceptional 0.91-acre land parcel in Sparks, Nevada, presents a remarkable opportunity for a 108-unit multifamily development. The property, encompassing two parcels (APN: 033-241-01, 032-152-16), is zoned MUD, allowing for multifamily, retail, and office uses. A fully engineered, permit-ready plan set is included, detailing two four-story buildings with 124 secured parking spaces. All utilities are available on-site, complemented by 3 acre-feet of water rights and sewer fee credits. The prime location in Sparks offers easy access to major thoroughfares, including I-80 and US 395, providing seamless connectivity to surrounding areas such as the University of Nevada, Tahoe-Reno Industrial Center, and Lake Tahoe. Residents will enjoy proximity to Victorian Square, the Sparks Marina, The Outlets at Legends, and various local events. The asking price is $1,975,000, with a land value of $49.82 per square foot. This development site represents a compelling investment opportunity in a thriving Nevada community. The addresses included are 590 and 531 Pyramid Way, Sparks, NV 89431.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,055,000
- ML approach
- $1,060,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,163,000
- AI Estimate
- $1,270,000
Market price range: $1.16M - $4.59MMarket price range: $1.27M - $3.77M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Washoe
- State
- Nevada
- Longitude
- -119.753
- Latitude
- 39.5386
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,503
$68,348
$0.00
$68,348
-
$195,279
$0.00
$195,279
