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590 Pyramid Way - BEAT 2024 IBC PRICE HIKES! 0.9 Acres of Commercial Land Offered at $2,195,000 in Sparks, NV 89431



Investment Highlights
- 108-unit multifamily-entitled development site
- Two parcels totaling 0.91 AC
- 3 AC-FT Water Rights & Sewer Fee Credits
- Fully engineered, permit ready plan set
- All Utilities Available On-Site
- Zoned MUD - Multifamily, Retail, Office
Executive Summary
With close proximity to major thoroughfares and a short walk to the bustling downtown Sparks core, residents can conveniently access Victorian Square entertainment and restaurant venues, as well as Sparks' many renowned events, such as the Rib Cook-Off and Hot August Nights. The Sparks Marina and The Outlets at Legends are just a few minutes away. Proximity to I-80 and U.S. 395 ensures seamless connectivity to surrounding areas, including the University of Nevada, Tahoe-Reno Industrial Center, Lake Tahoe, Fernley, Carson City, and beyond.
Property Facts
1 Lot Available
Lot
| Price | $2,195,000 | Lot Size | 0.90 AC |
| Price Per AC | $2,438,888.89 |
| Price | $2,195,000 |
| Price Per AC | $2,438,888.89 |
| Lot Size | 0.90 AC |
The property includes two parcels on heavily trafficked Pyramid Way in central Sparks, NV. The parcels are entitled for the development of two, four-story buildings, with 124 parking spaces in a secured garage.
Description
With close proximity to major thoroughfares and a short walk to the bustling downtown Sparks core, residents can conveniently access Victorian Square entertainment and restaurant venues, as well as Sparks' many renowned events, such as the Rib Cook-Off and Hot August Nights. The Sparks Marina and The Outlets at Legends are just a few minutes away. Proximity to I-80 and U.S. 395 ensures seamless connectivity to surrounding areas, including the University of Nevada, Tahoe-Reno Industrial Center, Lake Tahoe, Fernley, Carson City, and beyond.
Property Taxes
| Parcel Numbers | Improvements Assessment | $16,647 | |
| Land Assessment | $175,307 | Total Assessment | $191,954 |
Property Taxes
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590 Pyramid Way - BEAT 2024 IBC PRICE HIKES!
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