Fernley, NV
Commercial Real Estate Market Trends & Data

$197 Avg asking sale price
$17 Avg asking lease rate
291,076 SF Avg unit lease size
7,373 SF Avg building size for sale
5.99% Average cap rate

Fernley's Demographic Profile

Fernley has 8,762 households and a median income of $85,980, providing context for rent absorption and tenant demand across retail and multifamily assets. A +9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 24,440
# Households 8,762
Median age 38
Median household income $85,980
Avg household size 3.0
Renter-occupied housing units 2,607
5-year population change +9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fernley, NV

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Fernley $247 4,488 SF 6.97%
Reno $506 13,864 SF 6.73%
Nearby Retail Markets Avg Cost/SF Typical Size
Fernley $167 7,459 SF
Silver Springs $265 2,640 SF
Mccarran $600 8,162 SF
Sparks $517 14,837 SF
Virginia City $282 8,000 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Mccarran $311 9,799 SF 6.00%
Sparks $342 5,487 SF 6.25%
Reno $376 11,429 SF 7.35%
Carson City $234 24,974 SF 6.33%

Commercial Properties For Sale in Fernley

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

415 US Highway 95A S

Fernley, NV 89408

  • 2,400 SF Office Building
  • 4.86% Cap Rate
  • $875,000
For Sale

1980 HWY 95A

Fernley, NV 89408

  • 36.54 AC Lot
  • 1 Industrial Lot
  • $599,000
For Sale

140 E Main St

Fernley, NV 89408

  • 3,960 SF Retail Building
  • 4.52% Cap Rate
  • $625,000
For Sale

460 W Main St

Fernley, NV 89408

  • 14,812 SF Retail Building
  • 6.53% Cap Rate
  • $2,000,000
For Sale

Vacquiro Storage

Fernley, NV 89408

  • 5 AC Lot
  • 1 Commercial Lot
  • $762,300
For Sale

810 Woodchuck Dr

Fernley, NV 89408

  • 12,000 SF Specialty
  • 7.07% Cap Rate
  • $1,750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fernley pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fernley $197 7,373 SF
Silver Springs $281 1,866 SF
Mccarran $326 49,105 SF
Sparks $358 31,105 SF

Regional Demographic Comparison

This comparison places Fernley alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fernley or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fernley 24,440 8,762 38 $85,980 3 2,607 9%
Wadsworth 172 61 37 $46,666 3 17 -5%
Silver Springs 6,271 2,454 49 $46,588 3 507 10%
Mccarran 28,494 11,638 39 $74,090 2 5,254 5%
Sparks 112,296 42,954 39 $78,778 3 19,142 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fernley, NV and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fernley

View All Commercial Real Estate For Sale in Fernley
Is Fernley a good market for a first-time commercial real estate investor?

Fernley offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fernley?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fernley. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fernley?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fernley. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fernley compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fernley. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fernley acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fernley, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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