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Property profile & analytics
FOR SALE
Commercial real estate

805 E Main St Fernley, NV 89408

10,104 SF 1.08 ac lot Built 1991
Entity Owned 4-yr Hold Free & Clear
Property ID
US62-0896116
Property summary
AI-generated overview

This exceptional 10,104 square foot commercial building presents a lucrative investment opportunity in the thriving city of Fernley, Nevada. Situated on a sizable 1.08-acre lot with prominent Main Street frontage, this property boasts high visibility and excellent accessibility. Currently housing a diverse mix of established businesses including a veterinary clinic, a dental practice, a medical insurance office, and a gaming/card shop, the building offers immediate cash flow potential. Each unit is equipped with individual gas and electric meters, simplifying utility management and tenant billing. The property's C1 zoning allows for a wide range of potential uses, expanding future development possibilities beyond the current tenant occupancy. The building's substantial size and versatile zoning make it an ideal investment for both seasoned investors and those seeking a stable, income-generating asset in a rapidly growing Nevada market. The strong tenant base and prime location contribute to a compelling investment proposition with significant long-term growth potential. This is a rare opportunity to acquire a well-established commercial property in a desirable location. The property's size, location, and diverse tenant mix make it an attractive investment for those seeking a stable and profitable venture.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1991
Total area 10,104 SF
Lot 1.08 ac (47,045 SF)
Zoning code C1
APN 020-222-21
UPID US62-0896116
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
$1.16M
CAP Approach CAP
$1.37M
Comparable Approach Comparable
$874k
Blend (final) Blend
$1.34M
Owner & transaction history
Snowbirdo Xiv LLC · 4 yrs held
Snowbirdo Xiv LLC
since 2022
Last sale
$1.5M
2 recorded transactions
2022
$1.5M
2021
$1.0M
Zoning & alternative use
C1 · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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