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175 Denmark
Sparks, NV 89437
 8.06+/-Acres - 175 Denmark Dr · Land For Sale · 8.06 AC

Commercial Land Parcels Nevada Sparks 175 Denmark, Sparks, NV 89437

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INVESTMENT HIGHLIGHTS

  • * Fast Growing Tahoe-Reno Industrial Center "TRIC*
  • * Opportunity Zone
  • * Bordering a newly built 75-acre lake
  • * 8.06+/- Acres I APN: 005-101-08
  • * No State Income Tax or Corporate Tax!!
  • * Located in Business-Friendly Story County Nevada - Permits in days!!

EXECUTIVE SUMMARY

Uncover a unique investment opportunity with this 8.06+/- acre property in Sparks, NV. Zoned for mixed retail, commercial, and light industrial usage, this versatile parcel borders a newly built 75-acre lake, offering an exceptional backdrop for distinctive commercial and industrial ventures. With its strategic positioning and favorable zoning, this property represents a one-of-a-kind investment proposition, attracting businesses with its business-friendly environment and benefiting from Storey County's philosophy of minimal government and lower taxes. Situated within an Opportunity Zone and just 20 minutes from Reno and 45 minutes from Lake Tahoe, this property presents a compelling prospect for prospective land and office investors seeking to capitalize on the dynamic landscape of the Sparks area.

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User Proposed Use
Retail
  • Hospitality
  • Bar
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
No. Lots 1 Total Lot Size 8.06 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Commercial
Zoning I2 c2 - Property is zoned retail but can be built as industrial property has extra 20 AF of potable water for retail use.
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Hospitality
  • Bar
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 8.06 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning I2 c2 - Property is zoned retail but can be built as industrial property has extra 20 AF of potable water for retail use.

1 LOT AVAILABLE

Lot

Price $4,388,670 Lot Size 8.06 AC
Price Per AC $544,500.00
Price $4,388,670
Price Per AC $544,500.00
Lot Size 8.06 AC

8.06 +/- Ac. Retail land in TRIC. Available Lot. Located in the Tahoe Reno Industrial Center (TRI) Graded ready to build Frontage on Venice Dr. $12.50 per square foot. Bordering a newly built 80-acre lake. Opportunity Zone!! Xtra water available.

DESCRIPTION

TRIC 8.06+/- acres of land that is bordering a newly built 75-acre lake. This property is zoned for mixed retail, commercial, light industrial usage. Great Opportunity. $12.50 per square foot. One-of-a-kind investment opportunity!  Businesses are attracted to TRIC because of its business-friendly approach. Storey County's philosophy in less government and less taxes is what has driven TRIC. There is an extreme demand for retail and hospitality. Opportunity Zone!! 20 Minutes from Reno and Only 45 Minutes from Lake Tahoe. Property has an extra 20 AF of potable water. Adjacent properties are listed with a total of 61 acres available. Property was graded engineered fill as part of the lake construction.

PROPERTY TAXES

Parcel Number 005-101-08 Improvements Assessment $0
Land Assessment $860,171 Total Assessment $860,171

PROPERTY TAXES

Parcel Number
005-101-08
Land Assessment
$860,171
Improvements Assessment
$0
Total Assessment
$860,171
 

  • Listing ID: 29421805

  • Date on Market: 9/1/2023

  • Last Updated:

  • Address: 175 Denmark, Sparks, NV 89437

More public record information on 175 Denmark, Sparks, NV 89437

The Land Property at 175 Denmark, Sparks, NV 89437 is currently available for Sale. Contact Encore Commercial, Inc. for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
175 Denmark, Sparks, NV for sale Building Photo- Image 1 of 8
View of Lake
175 Denmark, Sparks, NV for sale Building Photo- Image 2 of 8
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175 Denmark, Sparks, NV for sale Building Photo- Image 3 of 8
View of Denmark Dr.
175 Denmark, Sparks, NV for sale Building Photo- Image 4 of 8
Property looking west
175 Denmark, Sparks, NV for sale Building Photo- Image 5 of 8
8.06AC-TRIC
175 Denmark, Sparks, NV for sale Plat Map- Image 6 of 8
8.06acTRIC
175 Denmark, Sparks, NV for sale Building Photo- Image 7 of 8
TRICaerial2

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