650 Denmark Dr McCarran, NV 89434
This exceptional 11.22-acre development site is located in the thriving Tahoe Reno Industrial Center (TRIC) in Sparks, Nevada. The property, encompassing three parcels (APN# 005-101-15, 005-101-16, and 005-101-17), boasts frontage on Denmark Drive and is zoned for Commercial, Retail, and Light Industrial uses. Situated in Storey County, known for its business-friendly environment, low taxes, and expedited permitting processes, this land presents a unique investment opportunity. The asking price is $4,154,690, translating to approximately $8.50 per square foot. This prime location benefits from its proximity to major employers such as Tesla, Switch, Google, Apple, and many others, contributing to a robust and growing local economy. The property's designation as an Opportunity Zone further enhances its investment appeal. The site is conveniently located 20 minutes from Reno and 45 minutes from Lake Tahoe, offering access to a diverse workforce and recreational amenities. With its strategic location, favorable zoning, and the advantages of Storey County's pro-business climate, this property is ideally suited for a variety of development projects. The high demand for retail and hospitality in the area presents significant potential for future growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.