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Property profile & analytics
OFF-MARKET
Land

0 Interstate 80 Fernley, NV 89408

1,324,224 SF 30.4 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 1,324,224 SF
Lot 30.4 ac (1,324,180 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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