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Property profile & analytics
OFF-MARKET Estimated value $8,560,000
Industrial properties

255 Logan Ln Fernley, NV 89408-4677

111,142 SF 19.32 ac lot Built 1997
Entity Owned 1-yr Hold Free & Clear
Property ID
US62-0868121
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1997
Total area 111,142 SF
Lot 19.32 ac (841,579 SF)
Zoning code I
APN 021-071-34
UPID US62-0868121
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
by Request
Blend (final) Blend
$8.56M
Owner & transaction history
Valley Joist LLC · 1 yrs held
Valley Joist LLC
since 2024
2 recorded transactions
2024
Price N/A
2020
Price N/A
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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