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    1285 Ricci Ln Fernley, NV 89408

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    For Sale
    $1,800,000

    Partially finished residential lots with utilities and water rights.

    Lot size:
    10.93 Acres

    Property Features for 1285 Ricci Ln

    General Information

    Lot size
    10.93 Acres
    Source: Moodyscre

    Listing Agent: Ryan Krueger

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

    Overview

    Residential Lots Near Shopping Center

    This property features recorded final map and partially finished lots with utilities stubbed to the site. The site is build-ready upon close of escrow. Water rights are included. The minimum lot size is 9,000 square feet. It is located minutes away from the Fernley shopping center and industrial park, and a 20-minute drive to TRIC (Tahoe Reno Industrial Center). Extensive due diligence file available upon request.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Building Supply Clothing Store Auto Repair Shop Kitchen & Bath Department Store Daycare Center Electronics Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fernley
    County
    Lyon
    State
    Nevada
    Longitude
    -119.2285788
    Latitude
    39.5862242

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    FAQs

    What type of property is this?
    Land - Partially finished residential lots with utilities and water rights.
    Where is this land located?
    The property is located at 1285 Ricci Ln Fernley, NV.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Build-ready site, available immediately after close of escrow; - Partially finished lots with utilities stubbed to site; - Water rights included
    (775) 846-4367
    Request Owner's contact information
    1285 Ricci Ln Fernley, NV 89408
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    Fernley, NV 89408
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    Realmo Value Estimation

    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.

    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.

    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
    1285 Ricci Ln Fernley, NV 89408
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