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Property profile & analytics
OFF-MARKET
Land

0 Fernley Nv 89408 Fernley, NV 89408

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial land parcel, located at 0 Hwy 50A, Fernley, NV 89408 (APN 021-261-38), is offered for sale at $1,650,000. The property boasts prime Highway 50A frontage and is zoned C-2, allowing for diverse development opportunities. Potential uses include industrial flex, commercial, retail, multi-family, and even casino development, subject to local approvals. The land is conveniently situated near the Victory Logistics Industrial Park and Fernley's main shopping area, providing excellent access to amenities and a strong workforce. Furthermore, the property benefits from its proximity to the planned $52 million+ expansion of Nevada Pacific Boulevard, connecting Hwy 50A to I-80, with construction slated to begin in 2025. This expansion will significantly enhance accessibility and visibility. The sale is offered by the owner, and owner financing may be available. An additional 3.89 acres is also available for purchase. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area of Nevada. The land value is $3.78 per square foot. The property is held in trust.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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