540 Cottonwood Ln Fernley, NV 89408-9484
RR1, residential rural - 1 acre. (1) Purpose. This district is intended to create and preserve areas where single-family, detached homes on one acre lots with rural road standards are predominant. The maximum number of dwelling units that may be located in this district is one unit per one acre. (d) RR1⁄2, residential rural - 1⁄2 acre. (1) Purpose. This dist…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RR1 · Fernley, NVRR1, residential rural - 1 acre. (1) Purpose. This district is intended to create and preserve areas where single-family, detached homes on one acre lots with rural road standards are predominant. The maximum number of dwelling units that may be located in this district is one unit per one acre. (d) RR1⁄2, residential rural - 1⁄2 acre. (1) Purpose. This district is intended to preserve areas where single-family, detached homes on half-acre lots with rural road standards are predominant. The maximum number of dwelling units that may be located in this district is two units per one acre. (e) SF20, residential single-family - 20,000 square feet. (1) Purpose. This district is intended to preserve areas where single-family, detached homes on half acre lots are predominant. The maximum number of dwelling units that may be located in this district is two units per one acre. (f) SF12, residential single-family - 12,000 square feet. (1) Purpose. This district is intended to preserve areas where the predominant dwelling type is single-family, detached units at three units per acre. Single-family residential areas usually function as the least intense urban land use and are typically located between higher intensity residential and rural land uses. The maximum number of dwelling units that may be located in this district is three units per one acre. (g) SF9, residential single-family - 9,000 square feet. (1) Purpose. This district is intended to preserve areas where the predominant dwelling type is single-family, detached units at four units per acre. Single-family residential areas usually function as the least intense urban land use and are typically located between higher intensity residential and rural land uses. The maximum number of dwelling units that may be located in this district is four units per one acre. (h) SF6, residential single-family - 6,000 square feet. (1) Purpose. This district is intended to preserve areas where the predominant dwelling type is single-family, detached units at seven units per acre. Single-family land uses are considered appropriate adjacent to low density multifamily, SF9 and MDR14 zoning districts. The maximum number of dwelling units that may be located in this district is seven units per one acre. (i) MDR14, residential medium density residential - 14 dwelling units per acre . (1) Purpose.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.