1115-1205 Fremont St, Fernley, NV 89408

  • 409,899 Square Feet
  • Multifamily-Apartment
  • For Sale

Summary Description

Arguably the best location in Fernley for Multi-Family. Adjacent to numerous amenities & close proximity to future employment centers. Zoned NR-2 (Lyon County), Multi-Family Approved for 198 units (Can be easily converted to Commercial). Newer commercial development area in the heart of Fernley with prime access and visibility (Exposure to 25,000 ADT). 42 acre feet of water rights included. Located in a qualified opportunity zone. Possible Mini Storage Site.

Sale Note
Fernley has tremendous development and business opportunities and is well located near major manufacturing and distribution centers serving the western states. This is the right location for an Affordable Multifamily Development Site. The City is thriving in transportation with businesses that are relocating and expanding, ranging from multi-national companies to micro and home based businesses. It is a great location for companies’ employees to plant their roots to this growing community.

Price: $2,200,000 USD

Lot Size: 409,900 Square Feet

Building Size: 409,899 Square Feet

Area Available: 409,899 Square Feet

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