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Property profile & analytics
OFF-MARKET
Industrial properties
1605 Us Hwy 95th N Fernley, NV 89408
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0888320
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Total area
1,344 SF
Lot
39.18 ac (1,706,681 SF)
Zoning code
MULT
APN
021-531-10
UPID
US62-0888320
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Northern Nevada Development LLC · 1 yrs held
Northern Nevada Development LLC
since 2024
6 recorded transactions
Zoning & alternative use
MULT · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fernley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fernley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$18,237
Tax year 2024
Assessed value
$498,720
Assessed 2024
Previous assessed
$485,852
+2.6% YoY
Effective rate
3.66%
On assessed value
Assessed land
$358,403
Assessed improvement
$140,317
Land market value
$1,024,009
Improvement market value
$400,905
Total market value
$1,424,914
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
NONE
Units
1
Total area
1,344 SF
Lot
39.18 ac (1,706,681 SF)
Zoning code
MULT
APN
021-531-10
UPID
US62-0888320
Jurisdiction
LYON
Zoning & alternative use
MULT · Fernley, NV
Zoning MULT · permitted uses
MULT · Fernley, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fernley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Units
1
Lot
39.18 ac
Current owner
From public records · entity-resolved
Northern Nevada Development LLC
Entity
Free & Clear · 1 yrs held
Mailing address
72016 E SUNDOWN PR SE, KENNEWICK, WA 99338-5049
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
—
Northern Nevada Development LLC
Mountain Men LLC
Bargain And Sale Deed
—
Apr 27, 2023
—
Mountain Man LLC
Lin Cubing INC
Re-recorded Document
related
—
Apr 26, 2023
$2,450,000
Mountain Man LLC
Lin Cubing INC
Bargain And Sale Deed
—
Jul 14, 2017
—
Lin Cubing INC
—
Deed
related
$615,000 · Farm Credit Svcs
Aug 10, 2016
$1,410,860
Lin Cubing INC
Lin,james C & Leann
Grant Deed
—
—
—
Lin Cubing INC
—
Deed Of Trust
related
$615,000 · Farm Credit Svcs
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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