50 N Canal Drive

Description

Location Location Location. With all the growth going on in this area, there is no better opportunity. 54+ feet of water rights that come with this property are highly coveted and the value of them alone make this a steal. Whether it's a hobby farm or transformed into a commercial enterprise (buyer to check with City on changing zoning) the options are endless. 700+ feet of frontage road on Hwy 95A., This property is located right along the heavily trafficked area of HWy 95 with an ample amount of frontage along the highway. The options are endless with this magnificent property. It is currently a working ranch, growing alfalfa and actively using the 54+ feet of water rights which convey with the property. This large parcel is home to a 1584 sf single family residence. 50 Canal rd is located on the main Artery just outside the heart of the City and provides loads of opportunity. 50 N Canal Rd is a rare opportunity in the heart of Fernley. Zoned RR1, this flat, 13.65acre residential development site is perfect for large 1 Ac lot, semi-custom homes. All utilities are currently in the street adjacent to the site. Mature trees dot the landscape and are an added feature for any new development. Conveniently located, the property fronts Alt 95 at Canal Rd and has quick access to Main Street off of Miller Lane. Please note, this property is recorded as 14.65 acres with the assessor's office. The sellers are in the process of removing approximately one acre (208x208) on the Northwest corner which has a manufactured home on it with its own fencing. This acre is NOT part of the sale and will be separated prior to close of escrow. Buyer and Buyers agent to verify all information to be accurate.