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    Sierra Nevada Properties

    6990 S. McCarran Blvd, Suite 300, Reno, NV 89509
    (775) 689-8228
    Web Site
    Size: 10+ agents

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    Property Types

    • Land
    • Residential Multi Family
    • Commercial Sale
    • Residential
    • Commercial Lease

    Listings

    For Sale (71)

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    Lovelock Land Parcel For Sale
    Contact for pricing
    40.20 Acres

    Lovelock Land Parcel For Sale

    40+ acre Lovelock parcel for recreational use or building.

    003-940-01 Poker Brown Cp, Lovelock, NV 89419
    View details
    Hawthorne Commercial Property For Sale
    $90,000
    2,957 SF

    Hawthorne Commercial Property For Sale

    Commercial property with highway frontage, formerly a bar and restaurant.

    1302 E 5 St, Hawthorne, NV 89415
    View details
    Silver Springs Land For Sale
    $239,000
    4.77 Acres

    Silver Springs Land For Sale

    4.77-acre parcel in Silver Springs with desert views.

    2845 Flood St, Silver Springs, NV 89429
    View details
    Walker Lake Corner Lot
    Contact for pricing
    0.25 Acres

    Walker Lake Corner Lot

    0.25 acre corner lot with mountain and lake views.

    776 Gladys Dr, Walker Lake, NV 89415
    View details
    Fernley Land Subdivision Opportunity
    $925,000
    8.63 Acres

    Fernley Land Subdivision Opportunity

    23-lot subdivision in Fernley, NV, with banked water rights.

    610 Desert Shadows Ln, Fernley, NV 89408
    View details
    Industrial Land in Historic Wabuska
    Contact for pricing
    0.90 Acres

    Industrial Land in Historic Wabuska

    0.59 acres of industrial-zoned land in historic Wabuska, Nevada.

    004-058-04 Mason Vly, Yerington, NV 89447
    View details
    Vacant Land in Fallon, Nevada
    $49,000
    1.02 Acres

    Vacant Land in Fallon, Nevada

    One-acre vacant land suitable for building a home.

    1211 Jungle Dr, Fallon, NV 89406
    View details
    Recreational Land Near Rye Patch
    Contact for pricing
    1.50 Acres

    Recreational Land Near Rye Patch

    1.5-acre recreational land near Rye Patch Reservoir in Lovelock, NV.

    11385 Union Valley Rd, Lovelock, NV 89419
    View details
    Mina, NV Raw Desert Land
    $48,000
    160.00 Acres

    Mina, NV Raw Desert Land

    160-acre parcel of raw desert land in Mina, Nevada.

    Do Not Attempt In Snow Marrieta Mine Rd Lot All Gravel Rd, Mina, NV 89422
    View details
    Silver Springs Commercial Land Opportunity
    $195,000
    3.88 Acres

    Silver Springs Commercial Land Opportunity

    Commercial land near USA Parkway with existing improvements and utilities.

    6500 Us Highway 95A, Silver Springs, NV 89429
    View details
    Mixed-Use Property on Rock Blvd
    $779,000
    1,648 SF

    Mixed-Use Property on Rock Blvd

    Mixed-use property ideal for medical, dental, or professional services.

    1001 Rock Blvd, Sparks, NV 89431
    View details
    Corner Property in Mina, NV
    Contact for pricing
    0.52 Acres

    Corner Property in Mina, NV

    Half-acre corner property with building and shed in Mina, NV.

    212 9 St, Mina, NV 89422
    View details
    Fallon, Nevada Land Opportunity
    $96,000
    8.47 Acres

    Fallon, Nevada Land Opportunity

    8.47 acres of land near Fernley and USA Parkway.

    Heidi Rd, Fallon, NV 89406
    View details
    40 Acres in Lovelock, NV
    Contact for pricing
    40.10 Acres

    40 Acres in Lovelock, NV

    40+ acre lot for recreation or building near Lovelock.

    00394006 Poker Brown Cp Rd, Lovelock, NV 89419
    View details
    Industrial Land in Historic Wabuska
    Contact for pricing
    0.32 Acres

    Industrial Land in Historic Wabuska

    Industrial-zoned land in Wabuska, Nevada, with potential for commercial use.

    004-051-04 Mason Vly, Yerington, NV 89447
    View details
    Walker Lake View Land
    $47,500
    0.75 Acres

    Walker Lake View Land

    0.75 acre parcel with mountain views overlooking Walker Lake.

    37 38, Walker Lake, NV 89415
    View details
    Hawthorne Multifamily Investment Opportunity
    $445,000
    3,216 SF

    Hawthorne Multifamily Investment Opportunity

    Four-unit property with diverse living spaces and potential owner financing.

    237 F St, Hawthorne, NV 89415
    View details
    Hawthorne Multifamily Investment Opportunity
    $389,000
    1,748 SF

    Hawthorne Multifamily Investment Opportunity

    Three well-maintained homes on two parcels in Hawthorne, Nevada.

    126 1/2 St E, Hawthorne, NV 89415
    View details
    120 Acres Wooded Mountain Parcel
    $179,500
    120.00 Acres

    120 Acres Wooded Mountain Parcel

    Off-grid land with gravel road access near mountains.

    Apn 006-420-17 Lucky Boy Pass Rd, Hawthorne, NV 89415
    View details
    Silver Springs Land with Views
    $41,500
    4.52 Acres

    Silver Springs Land with Views

    4.52-acre corner lot with mountain views near Lake Lahontan.

    2530 4Th St, Silver Springs, NV 89429
    View details
    Silver Springs Land Opportunity
    $35,000
    0.17 Acres

    Silver Springs Land Opportunity

    Prime lot in growing Silver Springs, ideal for building or investment.

    1130 Fort Churchill Rd, Silver Springs, NV 89429
    View details
    Industrial Land in Mason Valley
    $109,500
    16.57 Acres

    Industrial Land in Mason Valley

    16.57 acres of industrial-zoned land in historic Wabuska, Nevada.

    004-057-03 Mason Vly, Yerington, NV 89447
    View details
    Commercial Land Near Interstate 80
    Contact for pricing
    1.59 Acres

    Commercial Land Near Interstate 80

    1.59 acre commercial land parcel near Interstate 80 in Lovelock.

    11385 Rye Patch Reservoir Rd, Lovelock, NV 89419
    View details
    Silver Springs Land Opportunity
    $40,000
    1.00 Acre

    Silver Springs Land Opportunity

    One-acre parcel in fast-growing Silver Springs, Nevada, near USA Parkway.

    1360 Hooten Dr, Silver Springs, NV 89429
    View details
    Land Near Lahontan Reservoir
    Contact for pricing
    2.31 Acres

    Land Near Lahontan Reservoir

    2.31 acres near Lahontan Reservoir, close to industrial centers.

    4405 E 7Th St, Silver Springs, NV 89429
    View details
    Champion Hills Land with Views
    $400,000
    2.19 Acres

    Champion Hills Land with Views

    2+ acre lot in gated Somersett community with panoramic views.

    8175 Twin Eagles Ct, Reno, NV 89523
    View details
    Walker Lake Land with Utilities
    Contact for pricing
    0.23 Acres

    Walker Lake Land with Utilities

    Residential land with utilities and lake views in Walker Lake.

    279 Mallet Dr, Walker Lake, NV 89415
    View details
    Hawthorne Multifamily Investment Opportunity
    $187,900
    1,485 SF

    Hawthorne Multifamily Investment Opportunity

    Two-bedroom apartments with laundry, great investment opportunity in Hawthorne, NV.

    422 C St, Hawthorne, NV 89415
    View details
    Silver Springs 4.6-Acre Land Parcel
    $398,000
    4.62 Acres

    Silver Springs 4.6-Acre Land Parcel

    4.6-acre lot near Highway 50 and Silver Springs Airport.

    3185 Prospect Ave, Silver Springs, NV 89429
    View details
    Walker Lake Land with Views
    Contact for pricing
    0.26 Acres

    Walker Lake Land with Views

    Corner lot with mountain and lake views, utilities available.

    508 Walker Dr, Walker Lake, NV 89415
    View details
    Mina, NV Vacant Land Parcel
    Contact for pricing
    0.17 Acres

    Mina, NV Vacant Land Parcel

    Corner parcel in Mina, Nevada, with existing structures.

    908 A St, Mina, NV 89422
    View details
    Land with Breathtaking Views
    $79,000
    5.07 Acres

    Land with Breathtaking Views

    5.07 acres of land perfect for horses and RVs.

    4470 Glenwood Dr, Fernley, NV 89408
    View details
    Silver Springs Land Parcel
    $41,000
    4.77 Acres

    Silver Springs Land Parcel

    4.77-acre parcel in Silver Springs, Nevada, offers peaceful seclusion.

    3290 E 6Th St, Silver Springs, NV 89429
    View details
    Industrial Land in Historic Wabuska
    $40,000
    2.07 Acres

    Industrial Land in Historic Wabuska

    2.07 acres of industrial-zoned land in historic Wabuska, Nevada.

    Apn 004-056-01, Yerington, NV 89447
    View details
    Prime Commercial Lot on Highway
    $375,000
    3.45 Acres

    Prime Commercial Lot on Highway

    Highly visible commercial lot on Highway 95 in Fernley, Nevada.

    780 S Us Highway 95A, Fernley, NV 89408
    View details
    Land with Stunning Valley Views
    $60,000
    10.10 Acres

    Land with Stunning Valley Views

    10.01-acre parcel with custom homes and mountain retreat.

    3460 Cartwright Rd, Virginia City, NV 89440
    View details
    Residential Land in Lovelock, NV
    $99,000
    1.30 Acres

    Residential Land in Lovelock, NV

    1.30-acre lot ready for your dream home.

    680 17 St, Lovelock, NV 89419
    View details
    Land with Utilities in Gabbs
    Contact for pricing
    0.20 Acres

    Land with Utilities in Gabbs

    0.20-acre parcel with utilities in Gabbs, Nevada.

    709 Del Vega St, Gabbs, NV 89409
    View details
    Land with Utilities in Gabbs
    Contact for pricing
    0.20 Acres

    Land with Utilities in Gabbs

    0.20-acre parcel with utilities and mountain views in Gabbs, NV.

    810 Church St, Gabbs, NV 89409
    View details
    Hawthorne Commercial Building For Sale
    $429,000
    3,240 SF

    Hawthorne Commercial Building For Sale

    3,240 sq ft commercial building with main street frontage.

    701 St E, Hawthorne, NV 89415
    View details
    Spacious Vacant Lot in Fernley
    $114,000
    5.22 Acres

    Spacious Vacant Lot in Fernley

    5.22-acre vacant lot with subdividable potential and unobstructed views.

    13 Valley View Dr, Fernley, NV 89408
    View details
    Expansive Gabbs Commercial Opportunity
    $225,000
    5.20 Acres

    Expansive Gabbs Commercial Opportunity

    5.2-acre parcel with warehouse near highway in Gabbs, NV.

    6735 Nevada 361, Gabbs, NV 89409
    View details
    Industrial Land in Historic Wabuska
    Contact for pricing
    0.41 Acres

    Industrial Land in Historic Wabuska

    Industrial-zoned land in Wabuska, Nevada, near Yerington.

    004-058-05 Mason Vly, Yerington, NV 89447
    View details
    Lovelock, Nevada Land For Sale
    Contact for pricing
    2.50 Acres

    Lovelock, Nevada Land For Sale

    2.5 acre land parcel in Lovelock, Nevada.

    12860 Reno Dr, Lovelock, NV 89419
    View details
    432 Acres Near Highway 80
    $215,000
    432.00 Acres

    432 Acres Near Highway 80

    432-acre parcel east of Fernley off Hwy 80.

    Hwy 80, Fallon, NV 89406
    View details
    Residential Land Near Lake Lahontan
    $44,500
    4.77 Acres

    Residential Land Near Lake Lahontan

    4.77 acre residential land parcel in Silver Springs, Nevada.

    6285 Elm St, Silver Springs, NV 89429
    View details
    Vacant Land in Gabbs, Nevada
    Contact for pricing
    0.20 Acres

    Vacant Land in Gabbs, Nevada

    0.20-acre vacant lot with utilities available in Gabbs, NV.

    707 Del Vega St, Gabbs, NV 89409
    View details
    Commercial Land on Main Street
    $159,900
    0.46 Acres

    Commercial Land on Main Street

    Commercial land with C1 zoning in growing Fernley, Nevada.

    420 W Main St, Fernley, NV 89408
    View details
    Fernley Land Development Opportunity
    $1,795,555
    11.29 Acres

    Fernley Land Development Opportunity

    11.29-acre property with approved tentative map for 41-lot subdivision.

    Apn 021-191-08, Fernley, NV 89408
    View details
    Commercial Land in Hawthorne, NV
    $70,000
    0.10 Acres

    Commercial Land in Hawthorne, NV

    Three commercial lots for sale in Hawthorne, Nevada.

    565 D St, Hawthorne, NV 89415
    View details
    Corner Lot in Silver Springs
    $99,000
    1.95 Acres

    Corner Lot in Silver Springs

    Prime commercial land with high visibility in Northern Nevada.

    5460 Us Highway 95A S, Silver Springs, NV 89429
    View details
    Expansive Land Parcel in Fernley
    $122,950
    10.18 Acres

    Expansive Land Parcel in Fernley

    10.18 acre parcel in Fernley Highlands with high desert views.

    Apn 021-307-25, Fernley, NV 89408
    View details
    Hawthorne Land Parcel For Sale
    $32,000
    0.21 Acres

    Hawthorne Land Parcel For Sale

    Corner lot near downtown Hawthorne with utilities and mine truck.

    780 O St, Hawthorne, NV 89415
    View details
    Walker Lake Land Parcel
    $32,500
    0.44 Acres

    Walker Lake Land Parcel

    Land parcel with lake and mountain views in Walker Lake.

    Lakeshore Dr, Walker Lake, NV 89415
    View details
    Imlay, NV Commercial Opportunity
    $1,701,000
    4,313 SF

    Imlay, NV Commercial Opportunity

    Bar, mini-mart, and restaurant building with additional RV park.

    150/200 Hwy 400, Imlay, NV 89418
    View details
    Vacant Land in Gabbs, Nevada
    Contact for pricing
    20.00 Acres

    Vacant Land in Gabbs, Nevada

    Vacant .20-acre lot with utilities in Gabbs, Nevada.

    808 Church St, Gabbs, NV 89409
    View details
    Walker Lake Land Parcel
    Contact for pricing
    0.45 Acres

    Walker Lake Land Parcel

    Corner parcel with lake and mountain views.

    226 Debbie Dr, Walker Lake, NV 89415
    View details
    40 Acres in Silver Springs
    $299,000
    39.09 Acres

    40 Acres in Silver Springs

    40-acre parcel near Reno-Tahoe Industrial Park and Lahontan State Park.

    Aspen St, Silver Springs, NV 89429
    View details
    Walker Lake View Land
    $45,000
    1.01 Acres

    Walker Lake View Land

    One acre parcel with lake view and utilities.

    53 Shores Dr, Walker Lake, NV 89415
    View details
    Four-Unit Residential Income Property
    Contact for pricing

    Four-Unit Residential Income Property

    Four-unit property featuring apartments and a stand-alone home.

    237 F St, Walker Lake, NV 89415
    View details
    Land with Mountain and Lake Views
    Contact for pricing

    Land with Mountain and Lake Views

    8.27 acre land parcel with lake and mountain views.

    Walker Lk, Walker Lake, NV 89415
    View details
    8.29 Acre Subdividable Land Parcel
    Contact for pricing

    8.29 Acre Subdividable Land Parcel

    8.29 acre parcel within city limits, subdividable with water rights.

    333 Vine St, Fernley, NV 89408
    View details
    Commercial Building with Main Street Frontage
    Contact for pricing
    3,240 SF

    Commercial Building with Main Street Frontage

    3,240 sq ft commercial building with parking and ADA access.

    701 St E, Hawthorne, NV 89415
    View details
    Commercial Land with Highway Frontage
    Contact for pricing

    Commercial Land with Highway Frontage

    Commercial property with highway frontage, zoned C-2.

    Fallon, Fallon, NV 89406
    View details
    Walker Lake View Lots
    Contact for pricing

    Walker Lake View Lots

    Two adjacent lots with lake and mountain views for sale.

    567 Welcome Dr, Walker Lake, NV 89415
    View details
    Land Parcel with Lake View
    Contact for pricing

    Land Parcel with Lake View

    0.41-acre parcel with power and water meter installed.

    258 Debbie Dr, Walker Lake, NV 89415
    View details
    Land Parcel with Lake View
    Contact for pricing

    Land Parcel with Lake View

    Corner parcel with utilities and lake and mountain views.

    317 Betty Jane Dr, Walker Lake, NV 89415
    View details
    Bar, Mini-Mart, Restaurant with RV Park
    $1,701,000
    4,313 SF

    Bar, Mini-Mart, Restaurant with RV Park

    4.71 acres with bar, mini-mart, restaurant, RV park.

    150/200 Hwy 400, Imlay, NV 89418
    View details
    Hawthorne Commercial Building - Great Potential
    $429,000
    3,240 SF

    Hawthorne Commercial Building - Great Potential

    Main Street Frontage, 7 Suites, Ample Parking

    701 St, Hawthorne, NV 89415
    View details
    Vacant Lot with Utilities Available
    Contact for pricing
    871,200 SF

    Vacant Lot with Utilities Available

    0.20-acre vacant lot with utilities and mountain views.

    808 Church St, Gabbs, NV 89409
    View details
    Lovelock Land Parcel For Sale
    Contact for pricing

    Lovelock Land Parcel For Sale

    Land parcel available in Lovelock, Nevada.

    11385 Union Valley Rd, Lovelock, NV 89419
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sierra Nevada Properties
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