1939 Frazer AveSparks, NV 89431

  • Warehouses
  • 3,654 SF
For Lease
$17.40/SF/YR View listing

Property Details for 1939 Frazer Ave

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 AC
Property size (Sq ft)
3,654 SF
Zone code
I
Property type
Warehouses
APN
032-232-04
APU
3223204

Description

This exceptional single-tenant industrial property, located at 1939 Frazer Avenue in Washoe County, Nevada, offers 4,834 square feet of versatile flex/warehouse space. Built in 1991, this two-story building boasts a desirable combination of warehouse and office areas. The warehouse features three roll-up doors for convenient loading and unloading, and impressive ceiling heights ranging from 12 to 15 feet. Power is provided by a 225 Amp, 110V, 3-phase system. The property also includes approximately 1,000 square feet of well-appointed office space, complete with a private office, conference room, bullpen area, and break room. Two restrooms are available, one in the warehouse and one in the office area. Adding to its functionality, the property benefits from convenient access via both an alley and Frazer Avenue, and includes a substantial fenced yard of approximately 10,000 square feet, providing ample outdoor storage or maneuvering space. The property is zoned I (Industrial), making it suitable for a variety of industrial and light manufacturing uses. This standalone building presents a rare opportunity to acquire a well-maintained and strategically located industrial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $628,574
    Hospitality
    $575,770
    Educational
    $479,034
    Medical
    $495,509
    Retail
    $745,164

Location Insight

City
Sparks
County
Washoe
State
Nevada
Latitude
39.5319
Longitude
-119.77
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,033
$55,125
$66,329
$121,454
-
$157,500
$189,512
$347,012

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