872 Cottonwood LnFernley, NV 89408

  • Office properties
  • 39,035 SF
For Lease
$1/SF/YR View listing

Property Details for 872 Cottonwood Ln

Year built
2005
Lot size
0.07 AC
Property size (Sq ft)
39,035 SF
Zone code
C2
Property type
Office properties
Property subtype
Office buildings
APN
021-591-05
APU
2159105

Description

This exceptional 3,240-square-foot flex space, located at 872 Cottonwood Ln in Fernley, Nevada, presents a fantastic opportunity for businesses seeking a versatile and functional property. Built in 2005, the building boasts a single-tenant occupancy, offering complete control and privacy. The property is zoned C2, providing flexibility for a variety of commercial uses. Ample unassigned parking is available for employees and customers, ensuring convenient access. The entire 3,240 square feet is currently vacant and ready for immediate occupancy. The property's location in Lyon County, Nevada, offers easy access to major transportation routes, making it an ideal location for businesses needing convenient access to the surrounding area. The property's parcel number (APN) is 021-591-05. This single-tenant retail and industrial space is perfect for a business seeking a modern, well-maintained facility with ample space and parking. The property's layout is adaptable to a variety of business needs, making it an excellent choice for companies looking to establish a strong presence in the Fernley market. The year built is 2005, indicating a relatively newer construction with modern amenities. This property offers a unique blend of retail and industrial space, making it suitable for a wide range of businesses. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,416,762
    6.5%
    $6,846,242
    7%
    $6,357,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,938,625
    Geo Method
    $8,938,625
  • Alternative Use

    Use
    Valuation
    Residential
    $8,489,339
    Hospitality
    $7,776,190
    Educational
    $6,469,698
    Medical
    $6,692,201
    Retail
    $10,063,975
872 Cottonwood Ln, Fernley, Nevada
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Location Insight

City
Fernley
County
Lyon
State
Nevada
Latitude
39.5943
Longitude
-119.25
CBSA code
22280
CBSA name
FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,799
$28,376
$92,604
$120,980
-
$81,075
$264,582
$345,657

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