1205 – 1215 Penny Ln
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1205 – 1215 Penny Ln
6.03 Acres of Commercial Land Offered at $2,833,522 CAD in Fernley, NV 89408
Investment Highlights
- Prime Location: The property is conveniently located within Fernley’s commercial epicenter, making it an ideal spot for commercial development.
- Ample Water Rights: The land includes 50-acre feet of water rights, a valuable resource for development.
- Strong Job Growth: Fernley has experienced significant job growth in recent years.
- Proximity to Employment Centers: The land is also strategically situated in the heart of Fernley’s commercial development and employment center.
- Zoning Advantage: The site is zoned C2, or General Commercial, which allows for a wide range of commercial uses.
- Established Key Employers: The Fernley market is home to well-known and successful companies like Bear Paw, Sherwin Williams, Trex Decks, and Walmart.
Executive Summary
CBRE is pleased to present for sale 1205 and 1215 Penny Lane, two commercially-zoned parcels totaling ±6.03 acres situated just south of Fernley’s commercial epicenter, featuring 50 acre feet of water rights. The site is zoned C2 (general commercial), allowing for various commercial development possibilities from hotels and restaurants to multifamily. Fernley has experienced significant job growth in recent years, attracting a diverse range of employers, fueling demand for commercial spaces, making the property an attractive investment opportunity within a growing community.
Property Facts
| Price | $2,833,522 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 6.03 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,833,522 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.03 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,833,522 CAD | Lot Size | 6.03 AC |
| Price Per AC | $469,904 CAD |
| Price | $2,833,522 CAD |
| Price Per AC | $469,904 CAD |
| Lot Size | 6.03 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $773,409 CAD | Total Assessment | $773,411 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$773,409 CAD
Improvements Assessment
$0 CAD
Total Assessment
$773,411 CAD
zoning
| Zoning Code | C2 (Intended to create and preserve areas for businesses that provide a variety of wholesale and retail goods and services.) |
| C2 (Intended to create and preserve areas for businesses that provide a variety of wholesale and retail goods and services.) |
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1205 – 1215 Penny Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.