Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Building in Fernley, Nevada Title is generated by Realmo AI

    0 W Newlands Dr., Fernley, NV

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail building featuring 5,786 square feet available for lease.

    Type:RETAIL
    Property size:
    5,786 SF
    Lot size:
    5.04 Acres
    Added:
    Nov 10, 2025
    Days on Market:
    197
    Last Refresh:
    May 19 at 10:41 pm

    Property Features for 0 W Newlands Dr.

    General Information

    Standard status
    Active
    Size
    5,786 SF
    Lot size
    5.04 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 0 W Newlands Dr. Contact us

    We can help!

    Listing Contact
    Shawn Smith

    Listing agent Shawn Smith

    Listing office Kidder Mathews | Reno

    Listing date Nov 10, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews | Reno

    HighLights

    • Building offers 5,786 sf of space
    • Sits on 0.62 acres
    • Lease rate at $1.50 PSF, NNN
    • Built in 2006
    • Class B building
    • Surface parking available

    Overview

    This Class B retail building, constructed in 2006, offers 5,786 square feet of space on a 0.62-acre lot. The lease rate is $1.50 per square foot, NNN. Surface parking spaces are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Fernley
    County
    Lyon
    State
    Nevada
    Longitude
    -119.224902
    Latitude
    39.611933

    Nearby Similar for Lease

    • $1,700/Mo
      990 SF

      Commercial Space on Main Street

      960 sqft commercial space in fast-growing Fernley, Nevada.
      145 Main, Fernley, NV 89408
      View Details
    • $46,080 SF/Yr
      255,300 SF

      Fernley Warehouse Sublease Opportunity

      64,000 SF warehouse sublease in Fernley with dock doors.
      2275 E Newlands Drive, Fernley, NV 89408
      View Details
    • Contact for pricing
      3,275 SF

      Fernley Office Space Available

      Office space available for rent in Fernley, Nevada.
      872 Cottonwood Ln, Fernley, NV 89408
      View Details
    • $0.60 SF/Yr
      144,000 SF

      Distribution/Manufacturing Building with Expansion Potential

      Distribution/manufacturing building with ample parking and expansion options available for lease.
      2275 E Newlands Dr, Fernley, NV
      View Details
    • $15 SF/Yr
      551 SF

      Fernley Office Space Available

      Office space available for lease in Fernley, Nevada.
      45 W Cedar St, Fernley, NV
      View Details
    • Contact for pricing
      635,195 SF

      Industrial Building in Victory Logistics

      Under construction industrial building with 635,195 SF available for rent.
      Duffy Road, Fernley, NV, 89408
      View Details
    • Contact for pricing
      169,820 SF

      Industrial Building Under Construction

      169,820 SF industrial building under construction in Fernley, Nevada.
      North Nevada Pacific Parkway, Fernley, NV, 89408
      View Details
    • Contact for pricing
      105,040 SF

      Fernley Warehouse Space Available

      Available warehouse space in Fernley, Nevada, totaling 105,040 square feet.
      Commerce Center Drive, Fernley, NV, 89408
      View Details
    • $13 SF/Yr
      3,240 SF

      Fernley Flex/Industrial Space Available

      Flex/industrial space available for lease in Fernley, Nevada.
      868-890 Cottonwood Ln, Fernley, NV
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building featuring 5,786 square feet available for lease.
    Where is this retail space located?
    The property is located at 0 W Newlands Dr. Fernley, NV.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: Building offers 5,786 sf of space; Sits on 0.62 acres; Lease rate at $1.50 PSF, NNN
    (775) 301-1300 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Shawn Smith
    Request Owner's contact information
    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
    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

    Thank You for Inquiry
    0 W Newlands Dr., Fernley, NV
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!