$1,000,000 Active
825 Mesa Drive
Fernley, NV 89408
STR Status Unknown

About This Property

COMMERCIAL LAND This GREAT OPPORTUNITY is located across from the Comfort Inn off exit 46. 2.38 acres, corner parcel. 3 Phase Multi voltage power on property, transformer in place. City water and sewer available at boundary of property. Existing well is 170' Current land use is commercial - retail, mixed, school, hospitals, gas stations, restaurants, etc. Single wide home to remain with no value. Buyer to verify all details. Lot next door is for sale as well. second lot is residential zoned 1.25 acre. Call Listing agent

Listed by Linda Christensen — RE/MAX Gold

Listing Details

Status Active
MLS # 250053979
Days on Market 308

Property History

Aug 01, 2025
Listed for sale
$1,000,000
Property Overview
Lot Size 2.38 acres
Property Type Land
APN 020-151-36
Exterior & Lot
Lot Features Corner Lot
View City, Mountain(s)
Financial
Annual Tax $2,756
Schools
Elementary School Cottonwood
Middle School Fernley
High School Fernley
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($200,000)
Home price
$1,000,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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