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175 Denmark
Sparks, NV 89437

8.06+/-Acres - 175 Denmark Dr · Land For Sale · 8.06 AC

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Investment Highlights

* Fast Growing Tahoe-Reno Industrial Center "TRIC*
* Opportunity Zone
* Bordering a newly built 75-acre lake

* 8.06+/- Acres I APN: 005-101-08
* No State Income Tax or Corporate Tax!!
* Located in Business-Friendly Story County Nevada - Permits in days!!

Executive Summary

TRIC 8.06+/- acres of land that is bordering a newly built 75-acre lake. This property is zoned for mixed retail, commercial, light industrial usage. Great Opportunity. $12.5per square foot. One-of-a-kind investment opportunity! Businesses are attracted to TRIC because of its business-friendly approach. Storey County's philosophy in less government and less taxes is what has driven TRIC. There is an extreme demand for retail and hospitality. Opportunity Zone!! 20 Minutes from Reno and Only 45 Minutes from Lake Tahoe.

PROPERTY FACTS

Sale Type	Investment or Owner User	Proposed Use	Retail Hospitality Bar Hotel Restaurant Storefront, Retail or Office
No. Lots	1	Total Lot Size	8.06 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Hospitality Bar Hotel Restaurant Storefront, Retail or Office
Total Lot Size	8.06 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$6,336,055 CAD	Lot Size	8.06 AC
Price Per AC	$786,111 CAD

Price	$6,336,055 CAD
Price Per AC	$786,111 CAD
Lot Size	8.06 AC

8.06 +/- Ac. Retail land in TRIC. Available Lot. Located in the Tahoe Reno Industrial Center (TRI) Graded ready to build Frontage on Venice Dr. $12.50 per square foot. Bordering a newly built 80-acre lake. Opportunity Zone!! Xtra water available.

Description

TRIC 8.06+/- acres of land that is bordering a newly built 75-acre lake. This property is zoned for mixed retail, commercial, light industrial usage. Great Opportunity. $12.50 per square foot. One-of-a-kind investment opportunity! Businesses are attracted to TRIC because of its business-friendly approach. Storey County's philosophy in less government and less taxes is what has driven TRIC. There is an extreme demand for retail and hospitality. Opportunity Zone!! 20 Minutes from Reno and Only 45 Minutes from Lake Tahoe. Property has an extra 20 AF of potable water. Adjacent properties are listed with a total of 61 acres available. Property was graded engineered fill as part of the lake construction.

PROPERTY TAXES

Parcel Number	005-101-08	Improvements Assessment	$0 CAD
Land Assessment	$1,243,437 CAD	Total Assessment	$1,243,437 CAD

PROPERTY TAXES

Parcel Number

005-101-08

Land Assessment

$1,243,437 CAD

Improvements Assessment

$0 CAD

Total Assessment

$1,243,437 CAD

zoning

Zoning Code	I2 c2 (Property is zoned retail but can be built as industrial property has extra 20 AF of potable water for retail use.)
I2 c2 (Property is zoned retail but can be built as industrial property has extra 20 AF of potable water for retail use.)

Listing ID: 29421805
Date on Market: 2023-09-01
Last Updated:
Address: 175 Denmark, Sparks, NV 89437

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