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Property profile & analytics
OFF-MARKET Estimated value $590,000
Apartment buildings

175 Hardie Ln Fernley, NV 89408-9588

4,975 SF 0.44 ac lot Built 1997
Entity Owned Absentee Owner Free & Clear
Property ID
US62-0895859
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1997
Total area 4,975 SF
Lot 0.44 ac (19,166 SF)
Zoning code MF30
APN 020-072-05
UPID US62-0895859
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
$537k
Blend (final) Blend
$590k
Owner & transaction history
RAMOS, RICHARD LUIS TR
RAMOS, RICHARD LUIS TR
Zoning & alternative use
MF30 · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

MF30, residential multifamily - 30 dwelling units per acre. (1) Purpose. This district is intended to preserve areas for high density multifamily housing types, even though single-family detached and limited nonresidential uses are allowed to meet the diverse needs of residents. Projects in this district are encouraged to provide amenities to offset the impa…

Zone name Residential Multiple Family 30 Dwelling Unit Per Acre Maximum
General category RESIDENTIAL
Zone area 158.22 ac
Source code of ordinances
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