0 Spearhead Way Fernley, NV 89408

This exceptional 520.28-acre property in Fernley, Nevada, presents a remarkable investment opportunity. Located within city limits and encompassing three parcels (APN: 021-161-17, 021-161-18, and 021-161-19), this land is zoned RR1, allowing for a minimum one-acre parcel size. The current zoning permits the potential development of up to 520 residential homes, with cluster development also a possibility. Furthermore, the zoning accommodates renewable energy production, aligning with current sustainability trends. Strategically situated adjacent to two major developments – the BC Ranch Subdivision and the new Tahoe Reno Industrial Center – Phase II – this location benefits from existing infrastructure and a rapidly growing community. The property's designation as an Opportunity Zone adds further investment appeal. With a total acreage of 520.28 acres and an asking price of $2,650,000, this land offers significant potential for substantial returns. This is a rare chance to acquire a large parcel in a thriving Nevada location.