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    Property profile & analytics

    16496 Renewable Way Fernley, NV 89408

    • Industrial properties
    • 3.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 02, 2020
    Location Intelligence
    Property ID
    US62-0610311
    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

    • Industrial properties

    Property Details for 16496 Renewable Way

    Lot size
    3.75 lot acres
    Zone code
    I
    Property type
    Industrial properties
    APN
    009-251-69
    APU
    925169

    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
    Churchill
    State
    Nevada
    Longitude
    -119.081
    Latitude
    39.5632
    CBSA code
    21980
    CBSA name
    FALLON, NV 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
    2023
    $516
    $28,587
    $502
    $29,089
    -
    $81,677
    $1,434
    $83,111

    Comparable in this City

    • Value Estimation by Request
      188,220 SF

      325 Industrial Dr

      INDUSTRIAL (GENERAL) • 188,220 SF
      325 Industrial Dr, Fernley, NV 89408-8905
      View Details
    • Value Estimation by Request
      172,724 SF

      1891 Duffy Rd

      INDUSTRIAL (GENERAL) • 172,724 SF
      1891 Duffy Rd, Fernley, NV 89408-8925
      View Details
    • Value Estimation
      $835,000
      16,200 SF

      900 Pilot Rd

      INDUSTRIAL (GENERAL) • 16,200 SF
      900 Pilot Rd, Fernley, NV 89408-4636
      View Details
    • Value Estimation
      $535,000
      15,280 SF

      16 Salvadore Dr

      INDUSTRIAL (GENERAL) • 15,280 SF
      16 Salvadore Dr, Fernley, NV 89408-8947
      View Details
    • Value Estimation
      $785,000
      4,900 SF

      18 Salvadore Dr

      INDUSTRIAL (GENERAL) • 4,900 SF
      18 Salvadore Dr, Fernley, NV 89408-8917
      View Details
    • Value Estimation
      $440,000
      26,000 SF

      375 Main St

      INDUSTRIAL (GENERAL) • 26,000 SF
      375 Main St, Fernley, NV 89408
      View Details

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    Similar Nearby for Lease

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      105,040 SF

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      Ground lease and build-to-suit options available in Fernley, Nevada.
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    • $15 SF/Yr
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      Fernley Office Space Available

      Office space available for lease in Fernley, Nevada.
      45 W Cedar St, Fernley, NV 89408
      View Details
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    16496 Renewable Way
    Fernley, NV 89408
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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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