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Coit Services of Reno, LLC 1760 Deming Way 19,220 SF Industrial Building Sparks, NV 89431 $4,900,000 ($254.94/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Renovated in 2018 with updated offices, an expansive warehouse, and heavy-duty infrastructure for demanding operations.
- Powerful and efficient design featuring heavy power, dual loading docks, a drive-in bay, and a 15-foot clear height for optimal workflow.
- Strategic location with quick access to Interstate 80, Interstate 580, and Reno-Tahoe Airport for streamlined West Coast shipping and distribution.
- Positioned in a high-demand industrial corridor surrounded by major brands like Tesla and Amazon, serving over 4000,000 residents.
EXECUTIVE SUMMARY
This exceptional 19,220-square-foot industrial property at 1760 Deming Way offers a prime opportunity for investors or owner-users in one of Northern Nevada’s most active distribution and manufacturing hubs. Fully renovated in 2018, the building boasts a modern office layout, featuring ten private offices, a large warehouse with robust infrastructure for heavy industrial use, a kitchen, and ample storage space. With two 8-foot by 8-foot external loading docks, one drive-in bay, and a 15-foot clear height, this facility is ideal for logistics, distribution, and warehousing operations.
1760 Deming Way is situated on a one-acre corner lot with 8,100 square feet of outdoor, fenced yard space, offering secure storage and operational flexibility. Additionally, the warehouse features reinforced concrete construction, air conditioning, a 3-phase 16,000-amp heavy power supply, and full utility connections for lighting, water, sewer, and heating. Strategically located just minutes from Interstate 80 and Interstate 580, the site provides seamless connectivity to major transportation routes, enabling efficient same-day and next-day delivery across the West Coast. Businesses benefit from proximity to California, Oregon, Washington, and Idaho markets, as well as less than 30 minutes' access to Reno-Tahoe International Airport, which enhances their freight shipping capabilities.
The surrounding area boasts a robust industrial ecosystem with nationally recognized tenants, including Tesla, Amazon, and FedEx, making this location highly desirable for companies seeking operational efficiency in a pro-business environment. Serving a population of over 401,000 within a 10-mile radius and $5.5 billion in annual consumer spending, the property is positioned for long-term growth. Northern Nevada’s diversified industrial base continues to attract manufacturing, logistics, and data center users, supported by low taxes, affordable utilities, and state incentives. With high visibility to over 14,000 vehicles per day and direct access to labor pools, this property presents an outstanding opportunity for businesses seeking to expand or investors looking for a high-demand asset in a thriving market.
1760 Deming Way is situated on a one-acre corner lot with 8,100 square feet of outdoor, fenced yard space, offering secure storage and operational flexibility. Additionally, the warehouse features reinforced concrete construction, air conditioning, a 3-phase 16,000-amp heavy power supply, and full utility connections for lighting, water, sewer, and heating. Strategically located just minutes from Interstate 80 and Interstate 580, the site provides seamless connectivity to major transportation routes, enabling efficient same-day and next-day delivery across the West Coast. Businesses benefit from proximity to California, Oregon, Washington, and Idaho markets, as well as less than 30 minutes' access to Reno-Tahoe International Airport, which enhances their freight shipping capabilities.
The surrounding area boasts a robust industrial ecosystem with nationally recognized tenants, including Tesla, Amazon, and FedEx, making this location highly desirable for companies seeking operational efficiency in a pro-business environment. Serving a population of over 401,000 within a 10-mile radius and $5.5 billion in annual consumer spending, the property is positioned for long-term growth. Northern Nevada’s diversified industrial base continues to attract manufacturing, logistics, and data center users, supported by low taxes, affordable utilities, and state incentives. With high visibility to over 14,000 vehicles per day and direct access to labor pools, this property presents an outstanding opportunity for businesses seeking to expand or investors looking for a high-demand asset in a thriving market.
PROPERTY FACTS
AMENITIES
- Bus Line
- Fenced Lot
- Air Conditioning
UTILITIES
- Lighting
- Water
- Sewer
- Heating
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DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
San Francisco
883,305
224
4 h 26 m
San Jose
1,030,119
258
5 h 5 m
Las Vegas
644,644
434
8 h 23 m
Los Angeles
3,990,456
475
9 h 41 m
San Diego
1,425,976
550
11 h 11 m
Portland
653,115
552
10 h 55 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
401,788
Total Labor Force
225,298
Unemployment Rate
4.27%
Median Household Income
$74,106
Warehouse Employees
33,691
High School Education Or Higher
89.30%
PROPERTY TAXES
| Parcel Number | 034-154-05 | Improvements Assessment | $210,160 |
| Land Assessment | $184,964 | Total Assessment | $395,123 |
PROPERTY TAXES
Parcel Number
034-154-05
Land Assessment
$184,964
Improvements Assessment
$210,160
Total Assessment
$395,123
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Coit Services of Reno, LLC
Coit Services of Reno, LLC | 1760 Deming Way
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