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Financial
Distress signals
Property profile

2275 E Newlands Dr Fernley, NV 89408

FOR LEASE
Other industrial properties
Property ID
US62-0868124
255,300 SF 14.87 ac lot Built 1997
Last sale May 2020 · $15,104,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes a 64,000-square-foot space within a larger 255,300-square-foot distribution and manufacturing building. The facility has loading access with six 10' x 10' dock-high roll-up doors and one 12' x 14' roll-up door. The space is equipped with two restrooms and a breakroom with access to a patio. The building was constructed in 1997 and is configured for distribution and industrial operations. It is located at 2275 E Newlands Drive in Fernley, Nevada, and has I zoning, with the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$157k
Tax billed · 2024
Assessed value$4.32M
Assessed land$544k
Assessed improvement$3.78M
Effective rate3.64%

Value estimate

· Oct 2026
$17.33M
$15.60M – $19.06M
Submarket $/SF estimate$18.00M
NOI build-up
Gross scheduled income$2.42M
Vacancy & credit loss−$165k
Operating expenses−$677k
NOI · 3,426.58% cap applied$1.58M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 103 recorded sales of this use type
Observed band · Q1–Q3$7 – $157

Cap rate analysis

How does the asset earn?
3,426.58%
$1.58M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
I, industrial. (1) Purpose. This district is intended to create and preserve areas for intensive activities and land uses that have the m...
General categoryINDUSTRIAL
JurisdictionLYON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.7
Realty agency9.6
Storage Facility8.8

Location

2275 E Newlands Dr Fernley, NV 89408
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1550 Vrhel, Fernley, NV 89408 $1,075,000 Dec 2021 26,000 SF
190 Resource, Fernley, NV 89408-8921 $13,800,000 Jul 2021 181,720 SF
210 Lyon, Fernley, NV 89408-8900 $6,843,042 Jun 2021 100,000 SF
240 Nevada Pacific, Fernley, NV 89408-8954 $11,102,946 Sep 2020 118,270 SF
1755 Nevada Pacific, Fernley, NV 89408-8956 $3,380,000 Nov 2018 472,767 SF
900 Pilot, Fernley, NV 89408-4636 $1,650,000 Nov 2018 16,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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