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Property profile & analytics
OFF-MARKET Estimated value $3,505,000
Industrial properties

230 Lyon Dr Fernley, NV 89408-8900

35,393 SF 16.72 ac lot Built 1994
Entity Owned 12-yr Hold Free & Clear
Property ID
US62-0889327
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1994
Total area 35,393 SF
Lot 16.72 ac (728,323 SF)
Zoning code I
APN 021-251-26
UPID US62-0889327
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
$4.78M
Comparable Approach Comparable
$2.56M
Blend (final) Blend
$3.51M
Owner & transaction history
Agru Of America INC · 12 yrs held
Agru Of America INC
since 2013
2 recorded transactions
2013
$3.3M
2012
$2.7M
Zoning & alternative use
I · Fernley, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I, industrial. (1) Purpose. This district is intended to create and preserve areas for intensive activities and land uses that have the most potential for impacting adjacent land uses and infrastructure (e.g. heavy industrial). This zoning district should be located in areas with access to roadway and/or railway transportation systems. (r) PF, public facilit…

Zone name Industrial
General category INDUSTRIAL
Zone area 3,760.55 ac
Source code of ordinances
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