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Property profile & analytics
FOR SALE
Land

610 Desert Shadows Ln Fernley, NV 89408

8.63 ac lot
Property ID
US62-0886364
Property summary
AI-generated overview

This exceptional 8.63-acre property in Fernley, Nevada, presents a unique investment opportunity: a fully approved 23-lot subdivision. Each lot boasts over 0.25 acres, providing ample space for substantial homes with diverse floor plans. All water rights are securely banked with the City of Fernley, ensuring a smooth and sustainable development process. The subdivision enjoys stunning mountain views and a prime location near Fernley High School, combining tranquil residential living with convenient access to education. This turnkey project offers a chance to create a highly desirable community in a rapidly growing area. The approved tentative map and secured water rights minimize development hurdles, allowing for a swift and efficient build-out. Invest in this promising venture and capitalize on Fernley's expanding residential market. This is more than land

Property profile
Verified
Property type Land
Lot 8.63 ac (375,923 SF)
UPID US62-0886364
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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