Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lorraine Ln, Unit 2 Gardnerville, NV 89410

    Sponsored
    For Sale
    Under Contract
    $595,000

    LAND - Fish Springs, NV

    Lot size:
    19.95 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 23 at 3:06 am

    Property Features for Lorraine Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    fr19
    APN
    1221-04-001-032 Pcl 2
    Fencing
    Barbed Wire
    Lot size
    19.95 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Mary Cioffi
    Mary Cioffi

    Intero Alpine Sierra (775) 783-5338 [email protected]

    Listing agent Mary Cioffi (775) 720-8200 License #BS.14520

    Listing date Jan 20, 2026

    MLS# 260000340 Listing URL

    Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land in Fish Springs, NV

    This is a 19.95 acre parcel located on Lorraine Lane in Fish Springs, Douglas County, Nevada. The level lot backs to BLM land, offering access to trails suitable for hiking, off-roading, horseback riding, mountain biking, and dirt biking. Wild horses roam freely in the area. The property requires a well and septic system. The adjacent parcel is also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.627173
    Latitude
    38.936621

    Nearby Similar for Sale

    • $1,099,000
      2,751 SF

      Gardnerville Multifamily Investment Opportunity

      Two homes on one lot in downtown Gardnerville.
      1421 Mission St, Gardnerville, NV 89410
      View Details
    • $2,800,000
      8,150 SF

      Topaz Lake Retreat Investment Opportunity

      8,150 sq.ft. property with lake views and income potential.
      1929 Us-395, Gardnerville, NV 89410
      View Details
    • New
      $650,000
      4,642 SF

      Multi-Tenant Industrial Building For Sale

      Multi-tenant industrial property with income and upside potential.
      1421 Industrial Way, Gardnerville, NV 89410
      View Details
    • $465,000
      1,904 SF

      Gardnerville Duplex with Garage

      Well-maintained duplex in downtown Gardnerville, each unit with garage.
      1517 Douglas Ave, Gardnerville, NV 89410
      View Details
    • $795,000
      3,690 SF

      Gardnerville Multifamily Investment Opportunity

      Four units in central Gardnerville, near amenities. Seller financing available.
      1203 Gilman Ave, Gardnerville, NV 89410
      View Details
    • $320,000
      1,204 SF

      Charming Townhouse Near Amenities

      Two-bedroom townhouse in a quiet community, close to amenities.
      1420 Douglas Ave, Gardnerville, NV 89410
      View Details
    • Contact for pricing

      Retail Pad Site in Gardnerville

      Retail pad site available within Kroger's parking lot.
      1341 U.S Hwy 395 N, Gardnerville, NV
      View Details
    • $5,250,000
      16.35 Acres

      Riverview Mobile Home Park: Nevada Investment

      50-unit mobile home park, prime location.
      596 Us Highway 395, Gardnerville, NV 89410
      View Details
    • $499,000
      1,180 SF

      1462 Hwy, Gardnerville, NV 89410

      Commercial real estate • 1,180 SF
      1462 Hwy, Gardnerville, NV 89410
      View Details

    FAQs

    What type of property is this?
    Land - 19.95 acre parcel backing to BLM land.
    Where is this land located?
    The property is located at Lorraine Ln, Unit 2 Gardnerville, NV.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Large 19.95 acre level parcel, ready for your vision.; - Backs to BLM land with extensive trails for outdoor enthusiasts.; - No CCR's (no restrictions) offering unparalleled freedom.
    (775) 720-8200
    Request Owner's contact information
    Lorraine Ln, Unit 2 Gardnerville, NV 89410
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lorraine Ln, Unit 2
    Gardnerville, NV 89410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Lorraine Ln, Unit 2 Gardnerville, NV 89410
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mary Cioffi
    Mary Cioffi
    Real Estate License ID: BS.14520
    (775) 720-8200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.