Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Ferrari-Lund Real Estate

    4990 Vista Blvd., Sparks, NV 89436
    (775) 685-7788
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Residential Multi Family
    • Residential
    • Commercial Sale
    • Commercial Lease

    Listings

    For Sale (28)

    View map
    Reno Land with Stunning Views
    $2,000,000
    1,008.42 Acres

    Reno Land with Stunning Views

    1008+ acre Reno land ideal for recreation and hunting.

    80 Rodero Rd, Reno, NV 89510
    View details
    Midtown Reno Commercial Opportunity
    $525,000
    2,152 SF

    Midtown Reno Commercial Opportunity

    Charming remodeled building in Midtown Reno with parking.

    463 N/W Cor Of Wl And Moran St, Reno, NV 89502
    View details
    Reno Vacant Land Opportunity
    Contact for pricing
    1.10 Acres

    Reno Vacant Land Opportunity

    1.1-acre vacant lot with panoramic mountain views near Reno.

    1450 Bonanza Rd Lot Dirt Rd, Reno, NV 89521
    View details
    Vacant Land on Red Rock
    $795,000
    4.14 Acres

    Vacant Land on Red Rock

    4.14 acre vacant lot with industrial potential in Reno.

    9500 N Red Rock Rd, Reno, NV 89508
    View details
    Sparks Land with Mountain Views
    $150,000
    10.00 Acres

    Sparks Land with Mountain Views

    10-acre lot with mountain and valley views in Sparks.

    Rio Seco Ln, Sparks, NV 89441
    View details
    Midtown Reno Office Building
    $649,500
    2,034 SF

    Midtown Reno Office Building

    Three-level office building in Midtown, Reno with conversion potential.

    626 Humboldt St, Reno, NV 89509
    View details
    Reno Land with Panoramic Views
    $599,000
    5.00 Acres

    Reno Land with Panoramic Views

    5-acre lot to build your dream home in Reno.

    66 Rocky Vista Rd, Reno, NV 89521
    View details
    Washoe Valley 5-Acre Parcel
    $495,000
    5.00 Acres

    Washoe Valley 5-Acre Parcel

    Private 5-acre parcel with panoramic views in Washoe Valley.

    Joy Lake Rd, Washoe Valley, NV 89704
    View details
    Reno Land Parcel Opportunity
    $599,000
    4.50 Acres

    Reno Land Parcel Opportunity

    4.5 acre Reno land parcel with utilities and mountain views.

    63 Chance Ln, Reno, NV 89521
    View details
    Montello, Nevada Land For Sale
    Contact for pricing
    10.00 Acres

    Montello, Nevada Land For Sale

    Undeveloped 10-acre high desert land parcel in Montello, Nevada.

    010-35G-013, Montello, NV 89830
    View details
    Reno Land with Mountain Views
    $215,000
    40.83 Acres

    Reno Land with Mountain Views

    40+ acre parcel with views, water source, BLM access.

    1250 Freds Mountain Rd, Reno, NV 89508
    View details
    Kingston, NV Land For Sale
    Contact for pricing
    0.45 Acres

    Kingston, NV Land For Sale

    Land in Kingston, NV with mountain views and recreational opportunities.

    130 Austin Ave, Kingston, NV 89310
    View details
    Reno Land: Build Your Dream
    $599,000
    5.00 Acres

    Reno Land: Build Your Dream

    5-acre Reno land parcel with utilities, panoramic views.

    64 Rocky Vista Rd, Reno, NV 89521
    View details
    Washoe Valley Land with RV Garage
    $980,000
    9.26 Acres

    Washoe Valley Land with RV Garage

    9.26-acre parcel with RV garage, well, and septic system.

    7440 Granite Rdg Rd, Washoe Valley, NV 89704
    View details
    Commercial Lot on Highway 95
    $250,000
    0.50 Acres

    Commercial Lot on Highway 95

    Commercial land for sale on Highway 95 in Fallon.

    1291 S Taylor St, Fallon, NV 89406
    View details
    Nevada Land with Water Rights
    $549,000
    63.57 Acres

    Nevada Land with Water Rights

    63.57-acre parcel near Reno with water rights.

    Whiskey Springs Rd, Reno, NV 89510
    View details
    Nevada Land with Water Rights
    $529,000
    64.27 Acres

    Nevada Land with Water Rights

    64.27-acre parcel near Reno with water rights.

    Whiskey Springs Rd, Reno, NV 89510
    View details
    Nevada Land with Water Rights
    $480,000
    46.54 Acres

    Nevada Land with Water Rights

    46.54-acre parcel near Reno with water rights.

    Unspecified, Reno, NV 89510
    View details
    Nevada Land with Water Rights
    $499,000
    46.73 Acres

    Nevada Land with Water Rights

    46.73-acre parcel in Palomino Valley with water rights.

    Youngs Rd, Reno, NV 89510
    View details
    Virginia City Highlands Land Parcel
    $99,900
    40.00 Acres

    Virginia City Highlands Land Parcel

    40-acre land parcel in Virginia City Highlands.

    Buckeye Off Of Rd, Virginia City, NV 89440
    View details
    Land in St James Village
    $299,000
    1.02 Acres

    Land in St James Village

    One acre parcel in a gated Reno community.

    177 Nottingham Ct, Reno, NV 89511
    View details
    Silver Springs Vacant Land
    $57,000
    4.77 Acres

    Silver Springs Vacant Land

    Vacant land with gorgeous views and endless potential.

    4220 E 4Th St, Silver Springs, NV 89429
    View details
    Vast Acreage in Reno, Nevada
    $132,500
    201.85 Acres

    Vast Acreage in Reno, Nevada

    201.85 acres of land with scenic views near BLM land.

    Left Hand Canyon Rd, Reno, NV 89510
    View details
    Reno Land with Mountain Views
    $340,000
    82.64 Acres

    Reno Land with Mountain Views

    82.64 acres of land with mountain and canyon views.

    1305 Freds Mountain Rd, Reno, NV 89508
    View details
    Prime Corner Lot Opportunity
    $590,000
    0.74 Acres

    Prime Corner Lot Opportunity

    Corner lot ideal for multi-use development with high visibility.

    1695 Marvel Way, Reno, NV 89502
    View details
    Land in Path of Development
    $700,000
    6.18 Acres

    Land in Path of Development

    Land with water rights in Fernley, Nevada development area.

    1075 Browne Ln, Fernley, NV 89408
    View details
    Land For Sale in Reno
    $670,000

    Land For Sale in Reno

    Land available in Reno, Nevada.

    1695 Marvel Way, Reno, NV 89502
    View details
    Land Available in Fernley, Nevada
    $700,000

    Land Available in Fernley, Nevada

    Land for sale in Fernley, Nevada, Farm District Road.

    1075 Browne Ln, Fernley, NV 89408
    View details

    For Lease (2)

    View map
    Reno Medical Condo For Lease
    $1,250 / Mo
    450 SF

    Reno Medical Condo For Lease

    Medical condo for lease, perfect for active lifestyle business.

    8975 Double Diamond Pkwy, Reno, NV 89521
    View details
    Fenced Storage Lot with Office
    $7,500 / Mo

    Fenced Storage Lot with Office

    0.92-acre fenced storage lot with 986 SF office space.

    2201 SE Indian St, Stuart, FL 34997
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Ferrari-Lund Real Estate
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Ferrari-Lund Real Estate
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!