Cost Savings
- Low Cost For Water Rights: The cost for water rights in Crossroads Commerce Center is only $6,000 per acre foot, as compared to $20,000 - $25,000 per acre foot in the remainder of the Northern Nevada region, if they are even available.
- Low property tax rate: The property tax rate in Fernley, Nevada is the lowest in the area (2.78% of assessed value, as compared to 3.5% in Stead and 3.5% in Reno).
Crossroads Commerce Center understands that time to market is crucial for your business and we are prepared to complete any land improvements in as few as two-three months. Most buildings can be completed within five to six months. If necessary, we are able to and have delivered on even tighter schedules.
Crossroads’ Parcel Flexibility and Options
As a result of our abundant space, we have tremendous flexibility with parcel sizes, locations, and configurations and can easily accommodate all future expansions. We offer six basic options within the Crossroads Commerce Center:
- Sale of land fully off-site improved
- Sale of fully on-site improved pads
- Build-to-suit for sale
- Build-to-suit for lease
- Build-to-suit for lease with option to purchase
- Space in a multi-tenant building with compatible users
Primed for Development
Companies moving to Crossroads Commerce Center will enjoy the benefits of level, ready-to-build land with minimal topographical constraints and excellent soils. In addition, ample water and wastewater capacity is reserved exclusively for industrial and commercial development. The starting purchase price of $2.50 per sq. ft. for industrial development and $7.50 per sq. ft. for retail/commercial development is inclusive of all infrastructure improved to the site including water, waste-water, high pressure gas, electric, redundant fiber, arterial roads and rail if required.
Sites Ready for Immediate Development
Because timing is typically of the essence, it is critical that industrial users select a site that is ready to go with all infrastructure fully planned and approved. It is also important to choose a site in a location where the approval process is predictable as well as quick.
Our land is fully entitled and zoned and all utilities and roads for the first two phases of development are already completed, making hundreds of acres within these first two phases readily available for immediate development. Other sites in Northern Nevada may still have several outstanding issues to resolve including a variety of flood and environmental issues, extensive dirt work, infrastructure requirements, water and zoning issues. Prices being quoted for these sites often do not include the costs of the necessary off site improvements, impact fees, and for many of these sites, the jury is still out as to what the true costs of infrastructure will be and who will foot the bill.