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Property profile & analytics

873 Deming Way Sparks, NV 89431

  • Warehouses
  • 27,020 SF
  • 0.85 lot acres
Value Estimations
$645,000
Cap Rate Potential
Location Intelligence
Property ID
US62-0477314
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.

Current Use by Public Records

  • Warehouses

Property Details for 873 Deming Way

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.85 lot acres
Property size
27,020 SF
Zone code
I
Property type
Warehouses
APN
034-262-24
APU
3426224

Description

This exceptional 27,077-square-foot industrial warehouse, located at 873 Deming Way in Sparks, Nevada, presents a compelling owner-user or investment opportunity. The single-story, concrete tilt-up building boasts a 20-foot clear height throughout, providing ample space for various industrial uses. Built in 1978 and extensively renovated in 2023, the property features three 10' x 9' dock-high doors, ensuring efficient loading and unloading. The recent renovations included a new roof, updated roll-up doors, upgraded lighting, fresh paint, and a revitalized parking lot. The warehouse also includes pre-installed private offices and restrooms. Power is supplied by a robust 400-amp, 277/480V, 3-phase, 4-wire system. Situated on a 0.852-acre lot, the property is conveniently located just one mile from the I-80/Sparks Boulevard interchange, providing easy access to major transportation routes. The asking price is $5,280,015, translating to $195 per square foot. The property is zoned I (Industrial) and is currently vacant. This is a rare opportunity to acquire a well-maintained, strategically located industrial warehouse in the thriving Sparks industrial submarket. The property's recent upgrades and prime location make it an ideal choice for businesses seeking efficient and modern warehouse space. The APN is 034-262-24.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $700,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $592,000
    Market price range: $593k - $1.66M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Sparks
County
Washoe
State
Nevada
Longitude
-119.723
Latitude
39.5257
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
$10,207
$111,094
$188,776
$299,870
-
$317,410
$539,360
$856,770
More about this property
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