Current Use by Public Records
- Land
Property Details for 0 Interstate 80
- Lot size
- 30.40 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 30.399-acre commercial land parcel presents a compelling investment opportunity in Fernley, Nevada. Strategically located near the Interstate 80 and Vine Street intersection, this property boasts unparalleled freeway visibility and convenient access via an existing access road. The site's current C-2 zoning allows for a variety of commercial uses, with a proposed change to light industrial zoning anticipated by late 2024 as part of the City of Fernley's area plan. The property encompasses a total of 1,324,224 square feet (APN: 021-081-07, -08, -09, -10, -11) and is situated just 1.3 miles west of the I-80/Commerce Way interchange. Its proximity to the Tahoe Reno Industrial Center (15 minutes) and Reno/Sparks (30 minutes) provides access to a robust labor pool and low-cost energy. Furthermore, the property's location offers significant advantages for data transmission, with a connection to long-haul fiber and a mere 3 milliseconds latency to the Bay Area. The City of Fernley is actively pursuing annexation of the area north of the freeway, further enhancing the property's future development potential. This prime location offers a unique opportunity for businesses seeking a strategic foothold in a rapidly growing industrial center with excellent access to major transportation arteries and a skilled workforce.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fernley
- County
- Lyon county
- State
- Nevada
- Longitude
- -119.153
- Latitude
- 39.6608
