0 Old Reno HwyFernley, NV 89408

For Sale
$1,800,000

427 Acres, Solar Development Ready

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 427.14-acre land parcel in Fernley, Nevada, presents a compelling investment opportunity for large-scale solar energy development. Located just off Old Reno Highway in Lyon County (zip code 89408), this property boasts significant advantages for solar projects. The land is zoned General Rural (GR) and encompasses APNs 021-40-11 through 021-40-21. The US Department of Energy rates solar energy potential at 550 watt-hours/sf/day. Crucially, Los Angeles Department of Water & Power HVDC transmission lines run directly through the property, minimizing transmission costs and complexities. Nearby NV Energy distribution lines further enhance the site's viability. The property also features a geothermal monitor well, suggesting potential for additional energy development. The topography is generally level to gently rolling hills (10-20 feet high). The property includes 22 acre-feet of water rights and enjoys 79% sunshine and 252 sunny days annually. This offering presents a unique opportunity to capitalize on Nevada's abundant solar resources and robust energy infrastructure. The asking price is $1,800,000.

Highlights

  • Los Angeles Department of Water & Power HVDC transmission lines on-site.
  • NV Energy distribution lines at the property boundary.
  • Prime location for large-scale solar energy development.
  • Exceptional solar resource: 79% sunshine, 252 sunny days annually.
  • Abundant water rights: 22 acre-feet.

Property Details for 0 Old Reno Hwy

Property type
Other land, Agricultural land
Lot Size (sq. ft)
18,606,218 SF

Location Insight

City
Fernley
County
Lyon
State
Nevada
Latitude
39.5539501
Longitude
-119.0946232
Old Reno Hwy, Fernley, Nevada

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0 Old Reno Hwy
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