1575 Crane WaySparks, NV 89431

Property Details for 1575 Crane Way

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.53 AC

Property size (Sq ft)

48,000 SF

Zone code

I

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

032-250-42

APU

3225042

Description

This exceptional 48,000-square-foot industrial property, located at 1575 Crane Way in Sparks, Nevada, presents a unique investment opportunity. Situated on a 1.53-acre lot, this single-tenant building boasts a versatile design suitable for a variety of uses, including refrigerated/cold storage, manufacturing, flex space, distribution, warehousing, and research & development. Originally constructed in 1992, the property underwent a complete reconfiguration in 2019, with over $4 million invested in capital improvements. These upgrades have transformed the facility, which currently operates as a cannabis extraction, processing, and manufacturing plant. The property features ample front building parking and benefits from a 2,000 AMP power supply. Its zoning designation is "I," and the Assessor's Parcel Number (APN) is 032-250-42. The building's modern infrastructure and flexible layout make it ideal for a wide range of industrial operations. This prime location in Sparks, Nevada (zip code 89431) offers excellent access to transportation networks and a skilled workforce. The property's recent renovations ensure modern functionality and efficiency, making it a highly attractive investment prospect. The combination of size, location, and recent upgrades makes this a truly exceptional industrial property.

• Alternative Use

  Use

  Valuation

  Residential

  $8,257,124

  Hospitality

  $7,563,482

  Educational

  $6,292,728

  Medical

  $6,509,144

  Retail

  $9,788,688

Location Insight

City

Sparks

County

Washoe

State

Nevada

Latitude

39.5318

Longitude

-119.763

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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