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    Sparks, NV Specialty Properties for Sale

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    6 properties
    Walgreens NNN Leased Investment
    Updated: Mar 13
    Walgreens NNN Leased Investment

    2299 Oddie Blvd, Sparks, NV 89431

    $5,193,000
    14,550 sqft
    NNN leased Walgreens property boasting a 7.22% cap rate and $375,000 NOI.
    Over 8 years remaining on the initial 25‑year lease term, with ten five‑year extension options.
    High‑visibility location at the intersection of Oddie Boulevard and El Rancho Drive with approximately 39,000 vehicles passing daily.
    Located in a growing area with the $52 million Oddie/Wells Improvement Project bringing 1,500 new residential units.
    Surrounded by a mix of residential and commercial developments, including the Parq Crossing and a forthcoming multi‑family project.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2299 Oddie Blvd, Sparks, NV 89431

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $361K
      Annual

    • Mortgage

      $3.4M
      Aug 2017

    • Last Sold

      Aug 2017
      $6.8M

    • Property Type

      Wholesale Outlet, Discount Store (Franchise)
      Built 2009
    View Property Analytics
    Freestanding Grocery-Anchor Retail Building
    Updated: Jun 2
    Freestanding Grocery-Anchor Retail Building

    2020 Oddie Boulevard, Sparks, NV 89431

    $2,585,000
    19,937 sqft
    Free‑standing retail building leased to Grocery Outlet under a 10‑year lease
    Lease includes (2) 5‑year options
    NNN lease structure
    Rent is slightly below market rent
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    Multi-Tenant NNN Retail Outparcel
    Multi-Tenant NNN Retail Outparcel

    2203-2219 Oddie Blvd, Sparks, NV 89431

    Contact for pricing
    15,840 sqft 1.39 AC lot

    Fully leased 5-tenant retail outparcel is situated within Paradise Plaza, with triple-net leases in place.

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    Industrial Building
    Industrial Building

    295 Lillard Dr, Sparks, NV 89434

    Contact for pricing
    75,300 sqft

    Industrial facility offering approximately 75,300 square feet for sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Development Land Parcel
    Development Land Parcel

    37 Isidor Court, Sparks, NV 89441

    Contact for pricing
    5.28 AC lot

    For sale land parcel totaling 5.284 acres in Sparks, Nevada.

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    Specialty Commercial Property
    Specialty Commercial Property

    1808 Frazer Ave, Sparks, NV 89431

    Contact for pricing

    Commercial property with convenient freeway access near an I-8 on-ramp.

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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 6 Active listings in Sparks, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Urban Corridor Net-Lease Opportunity
    Urban Corridor Net-Lease Opportunity

    750 N Virginia St, Reno, NV 89501

    Contact for pricing
    14,904 sqft

    High-yield corporate net-lease opportunity in a supply-constrained urban corridor.

    View details
    Specialty Property for Sale
    Specialty Property for Sale

    4077 Arrowhead Drive, Carson City, NV 89706

    $1,128,200

    For-sale specialty commercial property in Carson City, presented for buyers seeking a non-traditional real estate asset.

    View details
    Reno Cold-Storage NNN Property
    Reno Cold-Storage NNN Property

    1330 Capital Blvd, Reno, NV 89502

    Contact for pricing
    46,254 sqft

    Cold-storage asset with NNN lease in Reno, Nevada.

    View details
    Multi-Parcel Development Land
    Multi-Parcel Development Land

    5155 Us Highway 50 E, Carson City, NV 89701

    $2,000,000

    Sale includes multiple parcels located between Highway 50 and Empire Golf Course, offering development potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Nakoma Resort Homesite Opportunity
    Nakoma Resort Homesite Opportunity

    5028 Harvest Moon lot: 468, Portola, CA 96122

    $89,900
    5.53 AC lot

    5.53-acre homesite in Nakoma Resort backing to Forest Service land.

    View details
    Versatile Land Parcel in Paradise
    Versatile Land Parcel in Paradise

    4870 Foster Road, Paradise, CA 95969

    $150,000
    5.54 AC lot

    5.54-acre parcel zoned AR-1 with multiple permitted uses.

    View details
    Carmichael Colony Land Opportunity
    Carmichael Colony Land Opportunity

    3252 Panama, Carmichael, CA 95608

    $199,999

    Land for sale in Carmichael Colony Neighborhood.

    View details
    Expansive Land with Airstrip Access
    Expansive Land with Airstrip Access

    Winnemucca, NV 89445

    $51,000
    41.56 AC lot

    41-acre parcel with airstrip, geothermal potential, and diverse wildlife.

    View details

    Off-Market Properties in Sparks, NV

    Consider similar Off-Market properties in Sparks, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2031 Prater Way
    VETERINARY, ANIMAL HOSPITAL

    2031 Prater Way, Sparks, NV 89431-4710

    $555,000
    Estimated value
    5,645 sqft 0.83 AC lot
    View details
    1200 El Rancho Dr
    DAY CARE, PRE-SCHOOL

    1200 El Rancho Dr, Sparks, NV 89431-4177

    $1,425,000
    Estimated value
    5,406 sqft 0.80 AC lot
    View details
    1850 Sullivan Ln
    DAY CARE, PRE-SCHOOL

    1850 Sullivan Ln, Sparks, NV 89431-2878

    $660,000
    Estimated value
    4,160 sqft 0.59 AC lot
    View details
    1538 C St
    FUNERAL HOME

    1538 C St, Sparks, NV 89431-4826

    $585,000
    Estimated value
    7,142 sqft 0.34 AC lot
    View details
    260 Eagle Cyn Dr
    DAY CARE, PRE-SCHOOL

    260 Eagle Cyn Dr, Sparks, NV 89441-5689

    $940,000
    Estimated value
    16,150 sqft 2.20 AC lot
    View details
    102 Victorian Ave
    VETERINARY, ANIMAL HOSPITAL

    102 Victorian Ave, Sparks, NV 89431-5168

    Value Estimation by Request
    1,871 sqft 0.19 AC lot
    View details
    1755 Sullivan Ln
    DAY CARE, PRE-SCHOOL

    1755 Sullivan Ln, Sparks, NV 89431-2815

    Value Estimation by Request
    3,795 sqft 0.48 AC lot
    View details
    1745 Sullivan Ln
    FUNERAL HOME

    1745 Sullivan Ln, Sparks, NV 89431-2815

    Value Estimation by Request
    5,583 sqft 0.76 AC lot
    View details
    1777 Peru Dr
    COMMERCIAL MISC

    1777 Peru Dr, Sparks, NV 89437-6805

    Value Estimation by Request
    2.09 AC lot
    View details
    1285 Mccarran Blvd
    DAY CARE, PRE-SCHOOL

    1285 Mccarran Blvd, Sparks, NV 89431-3865

    Value Estimation by Request
    9,628 sqft 0.99 AC lot
    View details
    700 Baring Blvd
    VETERINARY, ANIMAL HOSPITAL

    700 Baring Blvd, Sparks, NV 89434-1507

    Value Estimation by Request
    5,686 sqft 0.42 AC lot
    View details
    1880 Prater Way
    DAY CARE, PRE-SCHOOL

    1880 Prater Way, Sparks, NV 89431-4383

    Value Estimation by Request
    4,667 sqft 0.43 AC lot
    View details
    2301 Sparks Blvd
    DAY CARE, PRE-SCHOOL

    2301 Sparks Blvd, Sparks, NV 89434-2500

    Value Estimation by Request
    6,635 sqft 0.79 AC lot
    View details
    2055 Prater Way
    DAY CARE, PRE-SCHOOL

    2055 Prater Way, Sparks, NV 89434-8953

    Value Estimation by Request
    8,920 sqft 1.00 AC lot
    View details
    253 Egyptian Dr
    DAY CARE, PRE-SCHOOL

    253 Egyptian Dr, Sparks, NV 89441-0550

    Value Estimation by Request
    6,160 sqft 1.05 AC lot
    View details
    1410 Iratcabal Dr
    DAY CARE, PRE-SCHOOL

    1410 Iratcabal Dr, Sparks, NV 89436-7632

    $775,000
    Estimated value
    13,208 sqft 1.43 AC lot
    View details
    148 Richards Way
    COLLEGE, UNIVERSITY, VOC SCHOOL

    148 Richards Way, Sparks, NV 89431-2364

    $680,000
    Estimated value
    8,250 sqft 0.98 AC lot
    View details
    2425 Pyramid Way
    CHARITABLE ORGANIZATION

    2425 Pyramid Way, Sparks, NV 89431-1865

    Value Estimation by Request
    10,884 sqft 0.74 AC lot
    View details

    Sparks, NV Specialty Properties Market Trends and Statistics

    Explore 26 specialty properties for sale in Sparks, NV, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 34,487 square feet of properties for sale, with an estimated market value of $7,778,000.

    Sale prices for properties in Sparks, NV start at $2,585,000, averaging $3,889,000, and reaching up to $5,193,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 3

    Demographics Overview

    Population 131K
    Population Growth (5Y) +9.0%
    Median Household Income $93,001
    College Educated 21.4%

    High-Yield Neighborhoods for Investment

    Identify Sparks submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    89431 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.04%
    Property Tax per SF $41.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washoe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washoe County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Sparks fall within the 100,000+ square foot range.

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