Industrial Property on 1.90
For Sale
$1,750,000
810 West Main Street, Fernley, NV 89408
16,150 SF industrial building on a 1.90-acre lot.
Property Size16,150 SF
Lot Size1.90 Acres
Price / SF$108.36
Days on Market201
Property Features for 810 West Main Street
General Information
Standard status
Active
Size
16,150 SF
Lot size
1.90 Acres
Property subtype
Industrial
Building Details
Building Size
16,150 SF
Listing Agency:
Nevada Commercial Group
Listed By:
Samuel Douglass, CCIM · License #NV #B.143639.LLC
(775) 443-7576
Source:
Nvcg
Added: Mar 27
Changed: Oct 13
Last Checked: Oct 12 at 6:54PM
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 Nevada Commercial Group
Investment Insights
Based on property information with market context.
This industrial property features a 16,150 square foot building situated on a 1.90-acre lot. The property is offered for sale at $1,750,000, presenting a capitalization rate of 7.07%.
Key Highlights
- Excellent Investment Opportunity with a 7.07% Cap Rate
- Building Size: 16,150 SF
- Lot Size: 1.90 Acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,884
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,997,680
$2.0M
Cap Rate 7%
$1,426,914
$1.4M
Cap Rate 9%
$1,109,822
$1.1M
Market Conditions
NOI Build-Up for 16,150 SF
Gross rent
$153.1K $9.48/SF
− Vacancy
−$10.4K −$0.64/SF
EGI
$142.7K $8.84/SF
− OpEx
−$42.8K −$2.65/SF
NOI
$99.9K $6.18/SF
Area
Lyon County, NV
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,997,680
Cap Rate 7%
$1,426,914
Cap Rate 9%
$1,109,822
Alternative Uses
Best Use
Industrial
$1.43M
$1.25M – $1.66M
NOI $99,884 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.98M
$4.36M – $5.81M
NOI $348,406 @ 7.0% cap · market cap 19.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
223
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 16,150 SF industrial building on a 1.90-acre lot.
Where is this industrial property located?
The property is located at 810 West Main Street Fernley, NV.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Excellent Investment Opportunity with a 7.07% Cap Rate; Building Size: 16,150 SF; Lot Size: 1.90 Acres
