30 Acres, Interstate 80 frontage, Fernley, NV
Approved for Industrial Logistics Building
Marketing description
The subject property is located northwest of I-80 and the Vine Street underpass. The property is currently vacant and unimproved. Zoned Commercial. Site has been approved for an Industrial Logistics use. Conceptual plan for an almost 552,000 SF building.
This property has the advantage of being within a designated Opportunity Zone. Opportunity Zones are a new tool for community development. Established in the Tax Cuts and Jobs Act of 2017, Opportunity Zones provide tax incentives for investment in designated census tracts.
Nearby Victory Logistics District by Mark IV Capital is currently planning three Class A, cross dock, industrial facilities, capable of meeting the growing need for manufacturing, distribution, and logistics development in Northern Nevada.
Investment highlights
- Property located within a designated Opportunity Zone
- Access to the project will be provided by Vine Street to the Frontage Road along Hwy 80
- Water: City of Fernley
- Sewer: City of Fernley
- Electric/Gas: NV Energy
- Flat topography
- Nearby Victory Logistics District is proposed for over 9 million square feet of industrial
- Project will result in 10,000 jobs in the complex
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