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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C1, neighborhood commercial. (1) Purpose. This district is intended to create and preserve areas for neighborhood commercial uses that are complementary to surrounding residential communities. Typical uses may include bu…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C1 · Fernley, NVC1, neighborhood commercial. (1) Purpose. This district is intended to create and preserve areas for neighborhood commercial uses that are complementary to surrounding residential communities. Typical uses may include bu…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C1, neighborhood commercial. (1) Purpose. This district is intended to create and preserve areas for neighborhood commercial uses that are complementary to surrounding residential communities. Typical uses may include bu…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Fernley, NV.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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