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    333 Vine St Fernley, NV 89408

    Sponsored
    For Sale
    $1,200,000

    Subdividable residential land with water rights. Excellent Fernley location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.29-acre parcel presents a unique opportunity for residential development in Fernley, Nevada. Located within city limits, this property enjoys convenient proximity to established subdivisions and essential services, offering immediate access to amenities. A key advantage is the existing water rights associated with the land, a crucial element for successful subdivision and development projects. The property's size and location make it highly suitable for various residential projects, from single-family homes to larger-scale developments. The 8.29 acres provide ample space for creative planning and design, allowing for the creation of a thriving residential community. The address is 333 Vine St, Fernley, NV 89408, situated at latitude 39.6109152 and longitude -119.2413063 within Lyon County. The asking price for this prime residential land is $1,200,000. This represents a compelling investment opportunity given the property's size, location, and included water rights. Serious inquiries are encouraged.

    Property Features for 333 Vine St

    General Information

    Property type
    Land
    Lot Size
    361,112 SF

    HighLights

    • $1,200,000 asking price.
    • 8.29‑acre residential land parcel.
    • Located in Fernley, NV, within city limits.
    • Close proximity to subdivisions and services.
    • Subdividable with existing water rights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fernley
    County
    Lyon
    State
    Nevada
    Longitude
    -119.2413063
    Latitude
    39.6109152

    Nearby Comparable

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    • Contact for pricing

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      Commercial Land on Highway 95A

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    Nearby Similar for Sale

    • $1,900,000
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      Fernley Professional Office/Medical Retail Building

      Professional office/medical retail building in Fernley, Nevada, on 1.080 acres.
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    • $175,000
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      Commercial Property on Main Street

      Retail property in thriving Fernley business district.
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    • $5,500,000
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      Fernley Townhome Development Site

      66-unit townhome development site in Fernley, Nevada.
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    • $9,490,000
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      Fernley Industrial Building with Cranes

      54,228 SF industrial building with heavy infrastructure and logistics connectivity.
      375 Industrial Dr, Fernley, NV 89408
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    • $1,825,000
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      Fernley Storage Facility on Main

      Fully leased storage facility in West Fernley, Nevada.
      810 W Main St, Fernley, NV 89408
      View Details
    • $1,875,000
      6,075 SF

      Fernley, NV Shopping Center

      Prime Main Street Retail Portfolio
      280 Main St, Fernley, NV 89408
      View Details

    FAQs

    What type of property is this?
    Land - Subdividable residential land with water rights. Excellent Fernley location.
    Where is this land located?
    The property is located at 333 Vine St Fernley, NV.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 8.29-acre residential land parcel.; Located in Fernley, NV, within city limits.
    (775) 423-2191
    Request Owner's contact information
    333 Vine St 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
    333 Vine St Fernley, NV 89408
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