0 Interstate 80 Fernley, NV 89408
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.