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Property profile & analytics
OFF-MARKET
Land

16735 Renewable Way Fernley, NV 89408

15.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.5-acre industrial land parcel in Fernley, Nevada, presents a compelling investment opportunity. Comprising three contiguous lots (APN: 00925158, 00925159, 00925160), this property is zoned for industrial use and offers significant potential for development. Strategically located just east of Fernley in Churchill County, it enjoys convenient access to major transportation arteries, including the Reno Highway (Alt 50 E). The site benefits from its proximity to established industrial centers, including the Tahoe-Reno Industrial Center (home to Tesla, Google, and Switch), approximately a 25-minute drive away, and the Victory Logistics Center, just 10 minutes from the property. Furthermore, its location near the newly announced Churchill Hazen Industrial Park enhances its long-term prospects. The asking price for this expansive industrial land is $420,000. This represents a rare chance to acquire a substantial land holding in a rapidly growing industrial corridor, offering significant upside potential for investors and developers alike. The property's size and location make it ideal for a variety of industrial uses, providing flexibility for future development plans. The convenient access to major transportation networks ensures efficient logistics and distribution capabilities.

Property profile
Verified
Property type Land
Lot 15.5 ac (675,180 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
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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