C2 Office
For Sale
Contact for pricing
145 Main, Fernley, NV 89408
C2-zoned commercial space on Main Street supports professional office uses.
Property Size960 SF
Price / SF$1.77
Days on Market66
Property Features for 145 Main
General Information
Standard status
Active
Size
960 SF
Zoning
C2
Listing Agency:
Cardin Realty Pros
(775) 575-9999
Listed By:
Kellie Flodman · License #B.38999
(775) 690-5348
Source:
At-realty
Added: Aug 21
Changed: Oct 13
Last Checked: Oct 24 at 5:15PM
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 Cardin Realty Pros
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 960-square-foot office unit is part of a commercial building at 145 Main in Fernley. The space carries C2 zoning and is positioned along Main Street, providing direct street exposure.
The property information identifies potential applications including attorney, medical, cosmetology, and accounting offices. Its commercial building format offers a flexible setting for a range of professional services.
The property information identifies potential applications including attorney, medical, cosmetology, and accounting offices. Its commercial building format offers a flexible setting for a range of professional services.
Key Highlights
- 960 square feet of office space
- C2 zoning
- Located at 145 Main in Fernley
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,970
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,400
$339.4K
Cap Rate 7%
$242,429
$242.4K
Cap Rate 9%
$188,556
$188.6K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$27.8K $28.92/SF
− Vacancy
−$5.1K −$5.35/SF
EGI
$22.6K $23.57/SF
− OpEx
−$5.7K −$5.89/SF
NOI
$17.0K $17.68/SF
Area
Lyon County, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,400
Cap Rate 7%
$242,429
Cap Rate 9%
$188,556
Alternative Uses
Best Use
Office B
$242.4K
$212.1K – $282.8K
NOI $16,970 @ 7.0% cap · market cap 998.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,710 @ 7.0% cap · market cap 1,218.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 89408, NV
23,201
Population
9,039
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
91%
High-School Grad
464.1 sq mi
ZIP Area
50
Density / Sq Mi
$87,723
Median Household Income
$46,808
Median Earnings
$1,504
Median Rent
$352,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - C2-zoned commercial space on Main Street supports professional office uses.
Where is this office unit located?
The property is located at 145 Main Fernley, NV.
What are key features of this property?
This property features: 960 square feet of office space; C2 zoning; Located at 145 Main in Fernley
