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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Industrial properties
215 Lyon Dr Fernley, NV 89408-8900
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0868125
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Total area
22,967 SF
Lot
2.14 ac (93,218 SF)
Zoning code
I
APN
021-261-46
UPID
US62-0868125
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
$1.25M
Blend (final)
Blend
$1.20M
Owner & transaction history
Polyglass U S A INC · 1 yrs held
Polyglass U S A INC
since 2025
7 recorded transactions
Zoning & alternative use
I · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10%
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
$52 / 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
$11,627
Tax year 2024
Assessed value
$299,226
Assessed 2024
Previous assessed
$280,283
+6.8% YoY
Effective rate
3.89%
On assessed value
Assessed land
$81,566
Assessed improvement
$217,660
Land market value
$233,045
Improvement market value
$621,886
Total market value
$854,931
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
1980
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
22,967 SF
Lot
2.14 ac (93,218 SF)
Zoning code
I
APN
021-261-46
UPID
US62-0868125
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.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
Polyglass U S A INC
Entity
Free & Clear · 1 yrs held
Mailing address
215 LYON DR, FERNLEY, NV 89408-8900
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
$4,390,000
Polyglass U S A INC
Dcr Holdings LLC
Bargain & Sale Deed
—
Aug 15, 2016
—
Dcr Holdings LLC
—
Deed
related
—
Nov 2, 2012
$959,000
J Chamberlain INC
Fernley Property LLC
Grant Deed
$871,500 · Fernley Property LLC
Oct 12, 2012
—
Fernley Property LLC
Doane,richard
Grant Deed
related
—
May 22, 2012
$45,592
Richard Calquhoun
Treasurer Of Lyon County
Grant Deed
—
Jun 7, 2011
$841,662
Bryan Nikki Tr
Treasurer Of Lyon County
Tax Deed
—
Jul 15, 2005
$1,350,000
Richard Calquhoun
Oakland-fernley LLC
Grant Deed
—
Jul 15, 2005
—
Richard Doane
Doane,jacqulyne
Quit Claim Deed
related
—
Jan 8, 2004
$1,000,000
Oakland-fernley LLC
Mission Of Nevada INC
Grant Deed
$550,000 · First Independent Bank Nevada
—
—
Dcr Holdings LLC
—
Loan Modification
related
—
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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