5050 Vista BlvdSparks, NV 89436

Property Details for 5050 Vista Blvd

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.26 AC

Property size (Sq ft)

12,761 SF

Zone code

PO

Property type

Office buildings

APN

516-281-15

APU

51628115

Description

This exceptional Class A office building, located at 5050 Vista Blvd in Sparks, Nevada, 89436, offers multiple tenancy options. The single-story, 12,761 square foot building was constructed in 2004 and sits on a 1.258-acre lot (54,778 square feet). Currently, 2,704 square feet of space is available for lease, with additional space potentially available. The building boasts a prime location at the intersection of Vista Blvd and Los Altos Pkwy, offering excellent visibility and convenient access to Pyramid Way. The property is zoned PO and features a desirable Sparks submarket location. Suites are adaptable for various medical or traditional office uses. The building's prominent Vista Boulevard frontage ensures high visibility for your business. Interested parties should inquire about lease rates and available space sizes. The APN is 516-281-15.

• CAP approach

  CAP return

  Valuation

  6%

  $1,917,842

  6.5%

  $1,770,315

  7%

  $1,643,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,922,142

  Geo Method

  $2,922,142

• Alternative Use

  Use

  Valuation

  Residential

  $2,195,191

  Hospitality

  $2,010,783

  Educational

  $1,672,948

  Medical

  $1,730,483

  Retail

  $2,602,364

Location Insight

City

Sparks

County

Washoe

State

Nevada

Latitude

39.5842

Longitude

-119.715

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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