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Other industrial properties
NV
Fernley
89408
250 Logan Ln

Property profile

250 Logan Ln Fernley, NV 89408

OFF-MARKET

Industrial properties

Property ID

US62-0895518

20,000 SF 8.7 ac lot Built 2008

Entity Owned 4-yr Hold Free & Clear

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This exceptional Class A industrial flex space, located at 250 Logan Ln, Fernley, NV 89408, offers 4,000 total square feet across two buildings in the Logan Lane Business Park. Built in 2023, this single-story property features 17-foot clear ceilings and three drive-in doors, providing ample space and convenient access. Currently, a minimum of 2,950 square feet is divisible, ideal for various business needs. The property boasts modern amenities including LED lighting and gas-fired warehouse heating. Power is supplied by a 200 amp, 240-volt, 3-phase system. Zoned for Employment Center use, this property is perfect for businesses seeking a functional and efficient workspace. The building is constructed of metal and includes a 12' x 12' grade-level door. The property's location in Fernley, Nevada offers easy access to major transportation routes. This is a rare opportunity to secure a high-quality, newly constructed industrial space in a thriving business park.

Property type Industrial properties

Use group INDUSTRIAL (GENERAL)

Year built 2008

Total area 20,000 SF

Lot 8.7 ac (378,972 SF)

Zoning code EC

APN 021-071-28

UPID US62-0895518

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

250 Logan Ln Fernley, NV 89408-7742

Fernley metro Census 960103 FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

by Request

CAP Approach CAP

$1.91M

Comparable Approach Comparable

$1.47M

Blend (final) Blend

$555k

since 2021

3 recorded transactions

2022

Price N/A

2021

Price N/A

2004

$568,458

Zoning description

EC, employment center. (1) Purpose. This district is intended to create and preserve areas for large-scale projects that include a mix of industrial and commercial land uses such as manufacturing, industrial parks, truck…

General category INDUSTRIAL

Top alternative use upside

Office building $1.9M +3.6%

Comparables

6 recent transactions · within 1.5 mi

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Value Estimation
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