Price Reduced ListingDeveloper is selling the remaining 5(five) buildings (E,F,G,H & I) of the 11 unit Sierra Meadows Business Plaza, located 14 miles from the nation's largest industrial complex. These five buildings are owned free and clear; one can purchase one or more of these buildings and Seller will consider financing the purchase. These five buildings offer an exceptional investment opportunity. These five buildings total approx. 15,100 sq. ft., were built in 2004, and have been meticulously maintained. All units are fully leased at competitive market rates, providing steady income. Priced at 225/sq. ft., the portfolio is offered below replacement cost, with strong potential for long-term appreciation. Location Highlights: Situated in the growing community of Fernley, known for its abundant and affordable housing options. Convenient access to Interstate 80 and transcontinental rail. Approx. 45 minutes to Reno-Tahoe International Airport. Ideal for businesses serving the region's expanding industrial hub. Key Features: Five fully leased buildings (E, F, G, H & I) Approx. 15,100 sq. ft. total Built in 2004 Competitive lease rates Aggressively priced below replacement value Proximity to major industrial centers Excellent transportation access Individual Pricing: E: 792K, F: 792K, G: 529.5K, H: 548K, I: 651K
| MLS # | 250058176 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Building Name | Novasel Schwarte Investments PSP |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 302 |
| Listing Provided By | Coldwell Banker Select ZC | Anthony Laurian |
| SQ Feet | 15,100 |
|---|---|
| Story(s) | 1 |
| Units | 11 |
| Building(s) | 5 |
| Zoning | C1 |
| Acreage | 0.85 |
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Central Air, Electric |
| Cooling Yes / No | Yes |
| Window Features | Aluminum Frames, Double Pane Windows |
| Furnished | Unfurnished |
| Fireplace Yes / No | No |
| Roof | Composition, Pitched, Shake |
|---|---|
| Security Features | Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s) |
| Lot Features | Cul-De-Sac, Landscaped, Level |
| Construction Materials | Stucco |
| Road Responsibility | Private Maintained Road |
| Foundation Details | Full Perimeter, Slab |
| Fencing | None |
| Parking Features | Accessible Parking, Parking Lot, Paved |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Underground Utilities, Water Meter Installed |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
| Property | 24508 |
|---|
| State | NV |
|---|---|
| County | Lyon |
| City | Fernley |
| Zip Code | 89408 |
| Area | Lyon |
| Listing VS Median (in 89408) | |
Price: $2,981,500 low | high Med: $428,000 sqft: 15,100 low | high Med: 1,629 $ / sqft: $197 low | high Med: $263 On site: 302 low | high Med: 89 | |
| State | NV |
|---|---|
| County | Lyon |
| City | Fernley |
| Zip Code | 89408 |
| Area | Lyon |
| Listing VS Median (in 89408) | |
Price: $2,981,500 low | high Med: $428,000 sqft: 15,100 low | high Med: 1,629 $ / sqft: $197 low | high Med: $263 On site: 302 low | high Med: 89 | |