Financial
Distress signals
Property profile

1340 W Newlands Dr Fernley, NV 89408

FOR SALE
Other commercial real estate
Property ID
US62-0869274
4,144 SF 2.75 ac lot Built 1997
Last sale Nov 2023 · $1,098,950
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property located at 1340 W Newlands Dr. in Fernley is commercial land improved with a gas station. It is positioned near Interstate 80 and U.S. Highway 95, with a reported traffic volume exceeding 25,800 vehicles per day in 2023 (NDOT). The site’s surroundings include nearby facilities such as a casino and a truck stop, and the property is within minutes of downtown Fernley for access to local amenities and services.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$547k
Assessed land$210k
Assessed improvement$337k
Effective rate4.13%

Value estimate

· Sep 2026
$1.26M
$1.13M – $1.38M
AI approach$1.13M
Submarket $/SF estimate$695k

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?
C2
C2, general commercial. (1) Purpose. This district is intended to create and preserve areas for businesses that provide a variety of whol...
General categoryCOMMERCIAL
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 Firm12.1
Realty agency11.8
Dental Office10.8

Location

1340 W Newlands Dr Fernley, NV 89408
County assessor Recorded deeds · 3 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
186 Main, Fernley, NV 89408-7723 $1,085,000 Dec 2024 3,584 SF
4120 Us Hwy 50th E, Fernley, NV 89408-5676 $517,000 Nov 2024 3,404 SF
90 Main, Fernley, NV 89408-7668 $822,756 Feb 2024 5,250 SF
1320 Newlands W, Fernley, NV 89408-9786 $563,145 Nov 2023 4,329 SF
400 Carroll, Fernley, NV 89408-4703 $425,000 Jul 2023 3,000 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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