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. 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?

$23k

Tax billed · 2024

Assessed value$547k

Assessed land$210k

Assessed improvement$337k

Effective rate4.13%

Value estimate

· Nov 2026

$1.26M

$1.13M – $1.38M

AI approach$1.13M

Submarket $/SF estimate$695k

Realmo valuation models over county records and 3 qualifying comparable sales.

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

Qualifying comparables3

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, 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

1340 Newlands W Dr Fernley, NV 89408-9600

County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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

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

Value Estimation
$265,000

4,500 SF

2366 Resource Dr

COMMERCIAL (GENERAL)

2366 Resource Dr, Fernley, NV 89408-8850

View Details
Value Estimation
$935,000

4,520 SF

2082 Resource Dr

COMMERCIAL (GENERAL)

2082 Resource Dr, Fernley, NV 89408-8806

View Details
Value Estimation
$825,000

5,250 SF

90 Main St

COMMERCIAL (GENERAL)

90 Main St, Fernley, NV 89408-7668

View Details
Value Estimation
$3,355,000

2,460 SF

170 Hwy 95a

COMMERCIAL (GENERAL)

170 Hwy 95a, Fernley, NV 89408-8664

View Details
Value Estimation
$275,000

2,360 SF

600 Reno Hwy

COMMERCIAL (GENERAL)

600 Reno Hwy, Fernley, NV 89408-8825

View Details
Value Estimation
$750,000

7,500 SF

2104 Resource Dr

COMMERCIAL (GENERAL)

2104 Resource Dr, Fernley, NV 89408

View Details