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Property profile & analytics
OFF-MARKET
Estimated value
$14,540,000
Industrial properties
190 Resource Dr Fernley, NV 89408-8921
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-0868349
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
181,720 SF
Lot
10.94 ac (476,546 SF)
Zoning code
I
APN
021-261-29
UPID
US62-0868349
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
$10.74M
CAP Approach
CAP
$17.29M
Comparable Approach
Comparable
$12.68M
Blend (final)
Blend
$14.54M
Owner & transaction history
Stag Industrial Holdings LLC · 5 yrs held
Stag Industrial Holdings LLC
since 2021
Last sale
$13.8M
7 recorded transactions
Zoning & alternative use
I · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.4M
+3.6%
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
Method
Estimation
Statistic approach
$18,925,000
ML approach
$10,740,000
CAP Approach
CAP Return
Estimation
6%
$18,730,000
6.5%
$17,290,000
7%
$16,055,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,820,000
Current use
OFFICE BUILDING
$17,420,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$14.54M
Range $13.09M – $15.99M · ±10% · vs last sale $13.80M (Jul 2 2021)
Last sale anchor
$13.80M
Jul 2 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$80 / SF
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
$110,721
Tax year 2024
Assessed value
$3,043,882
Assessed 2024
Previous assessed
$2,803,425
+8.6% YoY
Effective rate
3.64%
On assessed value
Assessed land
$250,187
Assessed improvement
$2,793,695
Land market value
$714,819
Improvement market value
$7,981,987
Total market value
$8,696,806
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
2002
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
181,720 SF
Lot
10.94 ac (476,546 SF)
Zoning code
I
APN
021-261-29
UPID
US62-0868349
Jurisdiction
LYON
Zoning & alternative use
I · Fernley, NV
Zoning I · permitted uses
I · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$16.8M
OFFICE BUILDING
Est. value
$17.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
10.94 ac
Current owner
From public records · entity-resolved
Stag Industrial Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1 FEDERAL ST FL #23, BOSTON, MA 02110-2013
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$13,800,000
Stag Industrial Holdings LLC
Ufp Real Estate LLC
Special Warranty Deed
—
Jun 18, 2018
$7,200,000
Ufp Real Estate LLC
Dcr Dil 7 LLC
Grant Deed
—
Jul 15, 2016
—
Dcr Dil 7 LLC
Dcr Real Estate 7 Sub I LLC
Quit Claim Deed
related
—
Jul 15, 2016
$3,500,000
Dcr Real Estate 7 Sub I LLC
Zloop Nevada LLC
Deed In Lieu Of Foreclosure
—
Mar 11, 2015
—
Zloop Nevada LLC
—
Trustees Deed
related
$3,500,000 · Eagle Group Fin LP
Jun 24, 2014
$9,450,000
Are Accessories LLC
Canam Po LP
Grant Deed
—
Aug 9, 2011
$9,062,220
Canam Po LP
Nl Ventures V Resource LP
Grant Deed
—
Jul 1, 2010
—
Nl Ventures V Resource LP
—
Grant Deed
related
$5,062,500 · Mb Financial Bank NA
Dec 23, 2009
—
Nl Ventures V Resource LP
—
Grant Deed
related
$5,062,500 · Mb Financial Bank NA
Dec 29, 2004
—
Nl Ventures V Resource
Are INC
Quit Claim Deed
related
—
Dec 29, 2004
$6,750,000
Nl Ventures V Resource
Gami
Deed Of Trust
related
$5,062,500 · Oak Brook Bank
—
—
Zloop Nevada LLC
—
Loan Modification
related
$1,300,000 · Moreland Pine Way INC
—
—
Nl Ventures V Resource LP
—
Deed Of Trust
related
$5,062,500 · Mb Financial Bank NA
—
—
Zloop Nevada LLC
—
Deed Of Trust
related
$1,000,000 · Moreland Pine Way INC
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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