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    Property profile & analytics

    1350 Newlands W Dr Fernley, NV 89408-9600

    • Hotels
    • 19,980 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $4,590,000
    Last Sale
    Feb 07, 2022
    $4,950,000
    Location Intelligence
    Property ID
    US62-0869272
    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

    • Hotels

    Property Details for 1350 Newlands W Dr

    Year built
    1992
    Lot size
    1.15 lot acres
    Property size
    19,980 SF
    Zone code
    C2
    Property type
    Hotels
    Property subtype
    Motels
    APN
    020-400-02
    APU
    2040002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,535,000
      6.5%
      $5,195,000
      7%
      $5,340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,290,000
      Geo Method
      $5,035,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,625,000
      Retail
      $5,765,000
      Mixed-Use
      $5,545,000
      Hospitality
      $5,375,000
      Educational
      $4,520,000
      Residential Income
      $5,660,000
      Energy
      $5,905,000
      Income-Based Land
      $5,700,000
      Food Service
      $5,345,000

    Location Insight

    • Map
    • Local Demand
    City
    Fernley
    County
    Lyon
    State
    Nevada
    Longitude
    -119.221
    Latitude
    39.6107
    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
    $27,435
    $0.00
    $0.00
    $711,385
    -
    $300,564
    $1,731,966
    $2,032,530

    Comparable in this City

    • Value Estimation by Request
      7,356 SF

      300 Main St

      HOTEL/MOTEL • 7,356 SF
      300 Main St, Fernley, NV 89408-7666
      View Details
    • Value Estimation by Request
      4,341 SF

      105 Main St

      HOTEL/MOTEL • 4,341 SF
      105 Main St, Fernley, NV 89408
      View Details
    • Value Estimation by Request
      25,624 SF

      1405 Newlands E Dr

      HOTEL/MOTEL • 25,624 SF
      1405 Newlands E Dr, Fernley, NV 89408-8907
      View Details
    • Value Estimation by Request
      10.00 Acres

      Fernley Nv 89408

      Land • 10.00 Acres
      0 Fernley Nv 89408, Fernley, NV 89408
      View Details
    • Value Estimation by Request
      1.50 Acres

      470 Main St

      COMMON AREA (COMMERCIAL) • 1.50 Acres
      470 Main St, Fernley, NV 89408
      View Details
    • Value Estimation by Request
      1.71 Acres

      355 Mull Ln

      INDUSTRIAL - VACANT LAND • 1.71 Acres
      355 Mull Ln, Fernley, NV 89408
      View Details

    Similar Nearby for Sale

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      10,104 SF

      Fernley Professional Office/Medical Retail Building

      Professional office/medical retail building in Fernley, Nevada, on 1.080 acres.
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      640 Acres Near Interstate 80

      640 acres of open land located near Interstate 80.
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      Industrial Land in Fernley, Nevada

      5.13 acres of industrial-zoned land with highway access.
      11 Salvage Ln, Fernley, NV 89408
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    • $5,116,558
      8.39 Acres

      Prime Commercial Land in Fernley

      8.39 acres of C-2 land with highway frontage.
      Nevada Pacific Blvd, Fernley, NV 89408
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    • $159,900
      0.46 Acres

      Commercial Land on Main Street

      Commercial land with C1 zoning in growing Fernley, Nevada.
      420 W Main St, Fernley, NV 89408
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    • $239,000
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      634 Acre Land Parcel

      Large land parcel near Fernley, NV, suitable for various uses.
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    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
      7,000 SF

      New Shopping Center Development Available

      Ground lease and build-to-suit options in Fernley shopping center.
      Stanley Dr, Fernley, NV 89408
      View Details
    • $1.50 SF/Yr
      5,786 SF

      Retail Building in Fernley, Nevada

      Retail building featuring 5,786 square feet available for lease.
      W Newlands Dr, Fernley, NV 89408
      View Details
    • Contact for pricing

      Land For Rent Fernley

      Land available for rent in Fernley, Nevada.
      1365 Chisholm Trl, Fernley, NV 89408
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      1.4k
    • Avg Time on site
      568 min
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    Fernley, NV 89408-9600
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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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