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Property profile & analytics
OFF-MARKET Estimated value $5,200,000
Commercial real estate

540 Cottonwood Ln Fernley, NV 89408-9484

42,800 SF 2.89 ac lot Built 2020
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US62-0857742
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2020
Total area 42,800 SF
Lot 2.89 ac (125,888 SF)
Zoning code RR1
APN 021-121-02
UPID US62-0857742
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.20M
CAP Approach CAP
$5.78M
Comparable Approach Comparable
$5.20M
Blend (final) Blend
$5.20M
Owner & transaction history
Cottonwood Storage I LLC · 1 yrs held
Cottonwood Storage I LLC
since 2024
Last sale
$5.2M
7 recorded transactions
2024
$5.2M
2021
Price N/A
2019
Price N/A
2019
Price N/A
2006
Price N/A
2005
$600,000
1969
Price N/A
Zoning & alternative use
RR1 · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Residential Rural 1 Acre Minimum
General category RESIDENTIAL
Zone area 2,358.17 ac
Source code of ordinances
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