Property profile

540 Cottonwood Ln Fernley, NV 89408

OFF-MARKET
Commercial real estate
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Property ID
US62-0857742
42,800 SF 2.89 ac Built 2020
Last sale Nov 2024·$5,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$31k
Tax billed · 2024
Assessed value$908k
Assessed land$53k
Assessed improvement$856k
Effective rate3.47%

Value estimate

· Nov 2026
$5.20M
$4.68M – $5.72M
AI approach$5.20M
CAP approach$5.78M
Submarket $/SF estimate$5.20M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$122 – $476

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RR1
RR1, residential rural - 1 acre. (1) Purpose. This district is intended to create and preserve areas where single-family, detached homes ...
General categoryRESIDENTIAL
JurisdictionLYON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.2
Hair Salon13.3
Restaurant12.0

Location

540 Cottonwood Ln Fernley, NV 89408-9484
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1130 Chisholm, Fernley, NV 89408-8952 $6,402,697 Nov 2025 52,100 SF
1245 Fremont, Fernley, NV 89408 $536,354 Apr 2025 5,810 SF
480 Main, Fernley, NV 89408-6643 $1,130,000 Sep 2024 24,936 SF
1301 Financial, Fernley, NV 89408-8906 $2,500,000 Aug 2023 6,000 SF
95 Main, Fernley, NV 89408-7657 $2,000,000 Jul 2023 17,618 SF
1530 Newlands E, Fernley, NV 89408-8910 $675,000 Jun 2022 5,721 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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