3305 Pyramid Way - Commercial LAND FOR SALE


Sparks, NV 89431 73,616 SF
$1,836,000 USD
775-348-5234
3305 Pyramid Way, Sparks, NV for Sale
$1,836,000 USD
Commercial LAND - FOR SALE
1/5
73,616 SF

3305 Pyramid Way
Sparks, NV 89431


HIGHLIGHTS

  • Great Location - Near Intersection of McCarran Loop & Pyramid Highway
  • Potential Multifamily Development Opportunity
  • Flat Topography
  • Multiple Points of Ingress & Egress

OVERVIEW

The Subject Property, 3305 Pyramid Way, consists of two adjacent parcels totaling 1.69 acre(s). The site is very well located near the intersection of North McCarran Boulevard and Pyramid Highway, and has multiple points of ingress and egress. Currently, the offering has two residential homes leased on short-term agreements; though most of the land is undeveloped. The existing zoning is SF-15, though the City of Sparks has indicated that they would like to see multifamily at this site. The immediate access to main thoroughfares, major retailers and grocery stores, parks, etc., further support a new multifamily development at this location. Developable land is incredibly difficult to find in this submarket. Most all of the remaining undeveloped land is managed by the Bureau of Land Management, and nearly all remaining private lands occupied by moderate density residential and commercial. Any new development at this location will have an immediate customer base, with nearly 120,000 residents already living in a 3-mile radius. The entire Northern Nevada region, including Reno, has seen tremendous growth in recent years due to an influx of companies seeking the business friendly tax climate and laws. The addition of companies with an international presence in Technology, Manufacturing, Distribution, Medical, and more has given Northern Nevada a robust, diversified economy. Offered at $1,836,000, this property provides an investor a hard-to-find infill parcel of land, at a very reasonable price point.

FOR SALE DETAILS

PRICE

$1,836,000 USD

PRICE/ACRE

$1,086,396/AC

PRICE/SF

$25 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3305 Pyramid Way

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.69 AC

LAND SF

73,616 SF

OFFSITE IMPROVEMENTS

-

ZONING

SF 15

APN/PARCEL ID

027-131-05

ASK ABOUT THIS PROPERTY

Bret NicholsonMarcus & MillichapMore Info
775-348-5234

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Bret NicholsonMarcus & MillichapMore Info
775-348-5234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.