New ListingRARE, SHOVEL-READY MULTIFAMILY DEVELOPMENT OPPORTUNITY! Skip the lengthy planning and entitlement process and step into a project that is planned, approved, permitted, and ready to build. This property offers the opportunity to develop a brand-new 10-unit apartment project featuring ten 1-bedroom units, each designed with its own private laundry room, along with dedicated on-site parking for every unit. The property is being sold for LAND VALUE ONLY, and the existing residence is considered a tear-down to make way for the approved development. For a builder, developer, or investor looking to move quickly, much of the difficult upfront work has already been completed. With plans and permits in place, this is an opportunity to take an approved project and move directly toward construction of a thoughtfully designed 10-plex and future income-producing asset.
| MLS # | 260010991 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 2 |
| Listing Provided By | Dickson Realty - Downtown | J.P. Menante |
| Zoning | Mud |
|---|---|
| Acreage | 0.29 |
| Lot Features | Corner Lot |
|---|---|
| Road Responsibility | Public Maintained Road |
| Fencing | Partial |
| Utilities | Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available |
|---|---|
| Sewer | Public Sewer |
| Senior Community Yes / No | No |
|---|
| Property | 725 |
|---|
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | Prater Addition To Sparks |
| School District | Sparks |
| Elementary School | Mitchell |
| High School | Sparks |
| Listing VS Median (in Prater Addition To Sparks) | |
Price: $550,000 low | high Med: $520,000 On site: 2 low | high Med: 105 | |
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | Prater Addition To Sparks |
| School District | Sparks |
| Elementary School | Mitchell |
| High School | Sparks |
| Listing VS Median (in Prater Addition To Sparks) | |
Price: $550,000 low | high Med: $520,000 On site: 2 low | high Med: 105 | |
![]() | $535,0001100 H StreetSparks, NV 89431 |
![]() | $675,000947 I StreetSparks, NV 89431 |
![]() | $1,5501134 H StreetSparks, NV 89431 |