Sparks, NV Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Sparks, Nevada Market population: 91K. Compare commercial properties across all major asset classes with...
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Sparks NV Properties: 65.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Sparks NV
Common questions from investors exploring commercial real estate in Sparks NV.
What's the overall investment outlook for Sparks, NV, considering its demographics and economy?
+
With a median household income of $52,581 and a relatively low poverty rate of 10.6%, Sparks, NV, presents a stable investment market, further bolstered by its diverse economy, including top industries like Public Administration and Finance & Insurance, which attract a wide range of professionals, including those from the 38.9% White and 16.2% Hispanic populations.
How does the commute time and health insurance coverage impact the quality of life for renters in Sparks, NV?
+
The 22.5-minute average commute time, combined with a high health insurance coverage rate of 87.6%, suggests a strong quality of life for renters, indicating a stable and healthy workforce, which is beneficial for real estate investors looking for reliable tenants, especially in a city with a significant portion of its population, 14.5%, being foreign-born.
What role does ethnic diversity play in the demand for real estate in Sparks, NV, and how does it affect investment?
+
The ethnic diversity in Sparks, NV, with top ethnicities including White (38.9%), White Non-Hispanic (30.5%), and Hispanic (16.2%), contributes to a vibrant and inclusive community, which can drive demand for real estate, particularly in areas with strong public administration and finance sectors, thus making it an attractive location for investors seeking diverse tenant bases and potentially higher rental yields.
How do the poverty rate and employment statistics influence the tenant quality and market stability in Sparks, NV?
+
The poverty rate of 10.6% and an employed population of 43,278 suggest a working-class market with employment stability, which is further reinforced by the top industries such as Public Administration and Finance & Insurance, indicating a reliable tenant base for investors, and when combined with the 87.6% health insurance coverage, it points to a market with stable, employed individuals who are more likely to be reliable renters.
What insights can be gleaned from the median property value, property taxes, and homeownership rate for real estate investment in Sparks, NV?
+
The median property value of $177,400, median property taxes of $20,108, and a homeownership rate of 58.2% provide insights into the affordability and attractiveness of the real estate market in Sparks, NV, suggesting a balanced market that can support both homeowners and renters, with the potential for appreciation in property value over time, especially considering the city's diverse economy and relatively low poverty rate, making it an attractive location for investors seeking a mix of rental income and long-term property appreciation.
Sparks NV Real Estate & City Facts
Key facts and real estate information about Sparks NV.
What are some of the best neighborhoods to live in Sparks?
+
Some of the best neighborhoods to live in Sparks include Pyramid Lake Hwy / Calle De La Plata, Sparks Marina, Victorian Square, D'Andrea, Spanish Springs, Wingfield Springs, Sky Ranch, and Eagle Canyon. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in Sparks?
+
There are plenty of fun things to do in Sparks, including visiting the Sparks Marina Park, Outlets at Legends Sparks, Wild Island Family Adventure Park, and the Sparks Heritage Museum. You can also enjoy outdoor activities like boating, kayaking, and fishing at the marina, or explore the many shops and restaurants in the area. Additionally, the city hosts various events and festivals throughout the year, such as the Sparks Farmers' Market and the Great Basin Brewing Company's beer festivals.
What is the food scene like in Sparks?
+
The food scene in Sparks is diverse and vibrant, with a range of restaurants serving everything from American comfort food to international cuisine. Some popular spots include The Steak House at Western Village, Pancho & Willie's, Gambi's, Land Ocean, and Great Basin Brewing Company. There are also plenty of great food trucks and casual eateries to grab a quick bite. Victorian Square in downtown Sparks is a hub for dining and entertainment, with many restaurants and bars to choose from.
What are the pros and cons of living in Sparks?
+
The pros of living in Sparks include its affordable housing, low cost of living, and plenty of outdoor recreational opportunities. The city also has a strong sense of community, with many family-friendly events and activities. However, some cons include the traffic and congestion in certain areas, particularly during rush hour, and the limited job opportunities in certain industries. Additionally, some residents may find the summer heat and dryness to be a challenge. Overall, Sparks is a great option for those looking for a relaxed, small-town feel with easy access to the amenities of nearby Reno.
Is Sparks a good place to live?
+
Whether Sparks is a good place to live depends on your individual preferences and priorities. If you're looking for an affordable, family-friendly community with plenty of outdoor recreational opportunities, Sparks may be an excellent choice. The city has a strong sense of community, and there are many fun things to do and see in the area. However, if you're looking for a more urban, fast-paced lifestyle with a wide range of job opportunities, you may want to consider nearby Reno instead. Ultimately, Sparks is a great option for those who value a relaxed, small-town feel and are willing to trade off some of the amenities and opportunities of a larger city.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Sparks NV Commercial Property: $52,581
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement