0 Fernley Nv 89408 Fernley, NV 89408
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.