Property summary
This exceptional investment opportunity presents a fully occupied, multi-tenant industrial warehouse totaling 23,845 square feet, situated on a 1.06-acre lot in Sparks, Nevada. The property, located at 865-871 Deming Way, boasts a prime location within the Sparks Industrial submarket, surrounded by over 500 businesses and a substantial daytime population exceeding 9,500. Built in 1978 and extensively renovated in 2023, the property features a new roof, resurfaced and restriped parking lot,… fresh interior and exterior paint, and complete tenant improvements. The single-story building offers convenient access with three drive-in doors and one dock-high door. Currently leased to two tenants under NNN leases with a remaining term of 4.2 years, the leases include 4% annual rent bumps, ensuring consistent income growth. The property's zoning is I (Industrial), and the asking price is $4,888,225, translating to $205 per square foot and $2,444,112.50 per unit. The low vacancy rate in this submarket, averaging 2.68% over the past year, underscores the strong demand for industrial space in this area. This property presents a compelling investment opportunity, offering a stable income stream and significant potential for future appreciation. The 20-foot ceiling height adds to the functionality and appeal of this well-maintained and strategically located warehouse.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 23,870 SF
- Lot area
- 1.11 ac
- Year built
- 1978
- Stories
- 1
- APN
- 034-262-23
- Zoning
- I
- Assessed value · 2023
- $359,274
- Annual tax · 2023
- $12,182
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
I district provides intensive work processes such as manufacturing or basic resource handling. These areas are generally located south of I-80 between the western and eastern City boundaries. Other potential areas suited…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Alternative use
- Local Zoning Insight
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