650 Denmark DrMcCarran, NV 89434

Property Details for 650 Denmark Dr

Lot size

11.22 AC

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 11.22-acre development site is located in the thriving Tahoe Reno Industrial Center (TRIC) in Sparks, Nevada. The property, encompassing three parcels (APN# 005-101-15, 005-101-16, and 005-101-17), boasts frontage on Denmark Drive and is zoned for Commercial, Retail, and Light Industrial uses. Situated in Storey County, known for its business-friendly environment, low taxes, and expedited permitting processes, this land presents a unique investment opportunity. The asking price is $4,154,690, translating to approximately $8.50 per square foot. This prime location benefits from its proximity to major employers such as Tesla, Switch, Google, Apple, and many others, contributing to a robust and growing local economy. The property's designation as an Opportunity Zone further enhances its investment appeal. The site is conveniently located 20 minutes from Reno and 45 minutes from Lake Tahoe, offering access to a diverse workforce and recreational amenities. With its strategic location, favorable zoning, and the advantages of Storey County's pro-business climate, this property is ideally suited for a variety of development projects. The high demand for retail and hospitality in the area presents significant potential for future growth and profitability.

Location Insight

City

McCarran

County

Storey

State

Nevada

Latitude

39.5419

Longitude

-119.474

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