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    Property profile & analytics

    1115 Fremont St Fernley, NV 89408-9626

    • Apartment buildings
    • 11.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US62-0884944
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1115 Fremont St

    Year built
    2021
    Lot size
    11.67 lot acres
    Zone code
    MF30
    Property type
    Apartment buildings
    APN
    021-271-16
    APU
    2127116

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fernley
    County
    Lyon
    State
    Nevada
    Longitude
    -119.226
    Latitude
    39.6064
    CBSA code
    22280
    CBSA name
    FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $435,312
    $490,000
    $11,304,992
    $11,794,992
    -
    $1,400,000
    $32,299,977
    $33,699,977

    Comparable in this City

    • Value Estimation by Request
      5,076 SF

      335 Jill Ct

      APARTMENT HOUSE (5+ UNITS) • 5,076 SF
      335 Jill Ct, Fernley, NV 89408-9805
      View Details
    • Value Estimation
      $490,000
      11,140 SF

      450 Willow Way

      APARTMENT HOUSE (5+ UNITS) • 11,140 SF
      450 Willow Way, Fernley, NV 89408-7527
      View Details
    • Value Estimation
      $2,980,000
      6,476 SF

      350 Willow Way

      APARTMENT HOUSE (5+ UNITS) • 6,476 SF
      350 Willow Way, Fernley, NV 89408-8735
      View Details
    • Value Estimation
      $5,140,000
      4,048 SF

      475 Cedar St

      APARTMENT HOUSE (5+ UNITS) • 4,048 SF
      475 Cedar St, Fernley, NV 89408-8675
      View Details
    • Value Estimation
      $7,625,000
      7,680 SF

      201 Lois Ln

      APARTMENT HOUSE (5+ UNITS) • 7,680 SF
      201 Lois Ln, Fernley, NV 89408-9816
      View Details
    • Value Estimation
      $570,000
      1,012 SF

      425 Cedar St

      APARTMENT HOUSE (5+ UNITS) • 1,012 SF
      425 Cedar St, Fernley, NV 89408-8339
      View Details

    Similar Nearby for Sale

    • $5,500,000
      6.42 Acres

      Fernley Townhome Development Site

      66-unit townhome development site in Fernley, Nevada.
      905 Hardie Ln, Fernley, NV 89408
      View Details
    • $2,650,000
      520.28 Acres

      Fernley Land: 520 Acres

      Prime Nevada land, 520 acres, RR1 zoning.
      0 Spearhead Way, Fernley, NV 89408
      View Details
    • $2,990,000
      7.08 Acres

      Fernley Townhome Development

      52-unit, fully entitled land, prime location.
      0 Fernwood Dr, Fernley, NV 89408
      View Details
    • $1,200,000
      8.29 Acres

      Fernley Land: 8.29 Acres Prime Residential Lot

      Subdividable residential land with water rights. Excellent Fernley location.
      333 Vine St, Fernley, NV 89408
      View Details
    • $1,900,000
      10,104 SF

      Fernley Professional Office/Medical Retail Building

      Professional office/medical retail building in Fernley, Nevada, on 1.080 acres.
      805 E Main St, Fernley, NV 89408
      View Details
    • $239,000
      640.00 Acres

      640 Acres Near Interstate 80

      640 acres of open land located near Interstate 80.
      80 3, Fernley, NV 89408
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      551 SF

      Fernley Office Space Available

      Office space available for lease in Fernley, Nevada.
      45 W Cedar St, Fernley, NV 89408
      View Details
    • Contact for pricing
      105,040 SF

      Fernley Warehouse Space Available

      Available warehouse space in Fernley, Nevada, totaling 105,040 square feet.
      Commerce Ctr Dr, Fernley, NV 89408
      View Details
    • $16 SF/Yr
      3,240 SF

      Fernley Flex/Industrial Space Available

      Flex/industrial space available for lease in Fernley, Nevada.
      868-890 Cottonwood Ln, Fernley, NV 89408
      View Details
    • Contact for pricing
      9,600 SF

      Fernley Shopping Center Development Opportunity

      Ground lease and build-to-suit options available in Fernley, Nevada.
      1600 E Newlands Dr, Fernley, NV 89408
      View Details
    • Contact for pricing
      169,820 SF

      Industrial Building Under Construction

      169,820 SF industrial building under construction in Fernley, Nevada.
      North Nevada Pacific Pkwy, Fernley, NV 89408
      View Details
    • $0.60 SF/Yr
      144,000 SF

      Distribution/Manufacturing Building with Expansion Potential

      Distribution/manufacturing building with ample parking and expansion options available for lease.
      2275 E Newlands Dr, Fernley, NV 89408
      View Details
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    1115 Fremont St
    Fernley, NV 89408-9626
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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