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550 Milan Dr; Sparks, NV Property Details

550 Milan Dr, Sparks, NV is a Light Industrial that was built in 2020. This property is currently a cash purchase and is not for sale. Our records show that 550 Milan Dr has a total of 610,400 square feet. The lot size of 550 Milan Dr is 1,386,079 square feet.

Off market
550 Milan Dr Sparks, NV 89437
$16,709,607 Estimated Value
610,400 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2020
  • Purchase Price: $10,063,666
  • APN: 005-111-22
  • Situs County: Storey
  • Length Of Ownership: 19 years, 1 months

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Exterior Wall Type: Concrete

Measurements

  • Total: 610,400/SqFt
  • Lot: 1,386,079/SqFt
  • Gross: 610,400/SqFt
  • Living: 610,400/SqFt
  • Building: 610,400/SqFt
  • Ground: 610,400/SqFt
  • Price Per Square Foot: $16.49

Legal Description

  • Description: PARCEL MAP ID : 2009-1 LOT : BLOCK : PTN S1 19/22;PTN S6 19/23 TOWN : INDUSTRIAL GID
Building Insights

Land Information

  • Property Type: Light Industrial
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Storey County School District
  • Lat / Lon: 39.547153 / -119.45411
  • Subdivision: Survey For Eagle Cpt
  • Property Class: Industrial
  • Zoning: I-2;INDUST
  • County Use Code: 500

Amenities

  • Plus Four: 5606
  • Cooling: Packaged Unit
  • Garage: Detached Garage
  • Heating: Yes

Ownership Info

550 Milan Dr has no associated ownership info
550 Milan Dr has no associated ownership info.

Taxes

550 Milan Dr has 10 associated Taxes items

550 Milan Dr, Sparks, NV pays taxes in Storey County, NV. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $16,709,607. The APN we've located for 550 Milan Dr is 005-111-22.

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Taxes
  • Assessed Value:  $16,709,607
  • Assessed Year:  2026
  • Assessed County:  Storey
  • APN:  005-111-22
  • Assessed Land Value:  3517176
  • Market Land Value:  10049074
  • Tax Amount:  510858.99
  • Tax Year:  2025
  • Market Value:  47741733
  • Market Year:  2026

Tax History

550 Milan Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $16,709,607 Land Value $3,517,176 Improvement Value $13,192,431 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $510,859 Change Rate +0.08% Assessed CR Tax Rate
Year 2024 Assessed Value $16,271,217 Land Value $2,910,766 Improvement Value $13,360,451 Tax Amount $473,017.59 Change Rate +0.08% Assessed CR Tax Rate +0.029071%
Year 2023 Assessed Value $13,279,473 Land Value $1,091,537 Improvement Value $12,187,936 Tax Amount $437,979.22 Change Rate +0.08% Assessed CR Tax Rate +0.032982%
Year 2022 Assessed Value $11,718,332 Land Value $1,091,537 Improvement Value $10,626,795 Tax Amount $405,536.31 Change Rate +6.53625% Assessed CR Tax Rate +0.034607%
Year 2021 Assessed Value $11,791,819 Land Value $1,018,768 Improvement Value $10,773,051 Tax Amount $53,811.42 Change Rate +0.732511% Assessed CR Tax Rate +0.004563%
Year 2020 Assessed Value $897,500 Land Value $897,500 Improvement Value Tax Amount $31,059.78 Change Rate +0.000754% Assessed CR Tax Rate +0.034607%
Year 2019 Assessed Value $897,500 Land Value $897,500 Improvement Value Tax Amount $31,036.37 Change Rate +0.08% Assessed CR Tax Rate +0.034581%
Year 2018 Assessed Value $848,986 Land Value $848,986 Improvement Value Tax Amount $28,737.37 Change Rate +0.042% Assessed CR Tax Rate +0.033849%
Year 2017 Assessed Value $800,461 Land Value $800,461 Improvement Value Tax Amount $27,579.05 Change Rate +0.029999% Assessed CR Tax Rate +0.034454%
Year 2016 Assessed Value $751,905 Land Value $751,905 Improvement Value Tax Amount $26,775.79 Change Rate Assessed CR Tax Rate +0.035611%
Year 2015 Assessed Value $751,905 Land Value $751,905 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $873,180 Land Value $873,180 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $30,218.14 Change Rate Assessed CR Tax Rate