$3,950,000 Active
0 TBD I-80 East
Fernley, NV 89408
STR Status Unknown

About This Property

A rare opportunity to acquire 180.62± contiguous acres of Light Industrial zoned land with direct Interstate 80 frontage in Fernley, Lyon County, Nevada — one of the fastest-growing industrial submarkets in the western United States. The property sits along the I-80 corridor between Reno-Sparks and the Tahoe Reno Industrial Center, in the same submarket as Mark IV Capital's 4,400-acre Victory Logistics District, where over 2 million square feet of distribution and manufacturing space is already built and leased to anchors including Redwood Materials and Microsoft. With significant horizontal infrastructure investment underway and Phase II of VLD under construction, the Fernley industrial corridor is in active path-of-growth. The parcel offers institutional scale under single ownership, with M1 Light Industrial zoning already in place — no rezone required. It carries direct Interstate 80 frontage with high visibility along one of the most heavily trafficked freight corridors in the western US, sits in FEMA Zone X outside the Special Flood Hazard Area (no federal flood insurance required, FIRM Panel 32019C0110E, eff. 1/16/2009), and enjoys a permanent open-space buffer on three sides bordered by the Fernley Wildlife Management Area and Nevada Department of Wildlife lands. Potential federal Opportunity Zone benefits may apply — buyer to verify with tax advisor. The property is best-suited as a land-bank with phased development optionality. Ideal use cases include an Industrial Outdoor Storage campus, solar farm or ground lease, data center site, master-planned industrial subdivision of 18-32-acre pads matching institutional demand, or a long-hold land position. Please note that while the parcel fronts I-80, it does not currently have its own interchange — nearest existing interchanges are Exit 48 (Truck Inn Way / Main Street) and Exit 50 (Nevada Pacific Parkway). A recorded ingress/egress easement to existing public roads is achievable and represents the highest-ROI improvement a buyer can make pre-development. Buyer to perform own due diligence on access path. Property facts: APN 021-031-06, 180.62± acres, M1 Light Industrial zoning (Lyon County), vacant land, Lyon County NV, City of Fernley, Tax District 6.1 North Lyon Fire Non-City, FEMA Zone X, plat Book 021 Page 03, T21N R25E Sections 25-27 and 34-36. Utilities are not currently extended to the site and there are no water rights of record — buyer to verify with the City of Fernley, NV Energy, and applicable agencies. Fernley's industrial vacancy is among the tightest in northern Nevada. Microsoft, Redwood Materials, Tesla (via TRIC), Walmart, Home Depot, and PetSmart all operate within 20 miles. Love's, Pilot, and TA truck stops at Exits 46-50 are chronically at capacity, and the I-80 corridor between Sparks and Fernley is in active widening design by NDOT with construction slated for late 2027. This parcel positions an investor to participate in the next decade of growth in one of the West's tightest industrial submarkets — built for the land-banker who sees the next 10 years, not the next 10 months.

Listed by Dallas Serpa — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260006136
Days on Market 21

Property History

May 15, 2026
Listed for sale
$3,950,000
Property Overview
Lot Size 180.62 acres
Property Type Land
Subdivision Fernely Townsite
APN 021-031-06
Exterior & Lot
View Mountain(s)
Financial
Annual Tax $491
Schools
Elementary School Fernley
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% ($790,000)
Home price
$3,950,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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