Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Wall Canyon Reservoir Road Gerlach, NV 89412

    View on Map
    Claim this Listing
    For Sale
    $220,000

    LAND - Gerlach, NV

    Lot size:
    80.00 Acres
    Added:
    Jun 23, 2025
    Days on Market:
    315
    Last Refresh:
    May 3 at 1:06 pm

    Property Features for Wall Canyon Reservoir Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    GR
    Standard status
    Active
    APN
    06617024 & 06617025
    Lot size
    80.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    229

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Morgan Nevin
    Morgan Nevin

    Listing agent Morgan Nevin License #B.146211

    Listing office Far West Real Estate LLC 242 Stewart St., Reno, NV

    Listing date Jun 23, 2025

    MLS# 250051989 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.

    Overview

    80 Acres of Nevada Land

    This 80-acre property features two 40-acre parcels, offered together or separately. Located along Mountain View Creek and bordered by miles of BLM land, this property provides a secluded setting suitable for an off-grid cabin, hunting camp, or private retreat. A year-round creek flows through the property, offering the potential to develop scenic ponds for wildlife, fishing, or recreational enjoyment. The area supports abundant wildlife and provides direct recreational access for hunting, riding, hiking, and exploring. Situated in a rugged, off-grid location, the property offers privacy and access to public lands. The zoning is GR. The property is located a couple of hours from modern amenities in Gerlach, Nevada.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Gerlach
    County
    Washoe
    State
    Nevada
    Longitude
    -119.649
    Latitude
    41.1852

    Nearby Similar for Sale

    • $12,000,000

      Geothermal Land in Gerlach, Nevada

      130 acre property with hot springs and research potential.
      500 State Route 34, Gerlach, NV 89412
      View Details
    • $6,000,000

      Desert Sanctuary Near Black Rock

      Nearly 400 acres of desert land near Burning Man.
      71888 Smoke Creek Road, Gerlach, NV 89412
      View Details
    • $1,600,000

      Vast Land Overlooking Black Rock

      800-acre property with water rights near Gerlach, Nevada.
      State Route 34, Gerlach, NV 89412
      View Details
    • $2,000,000

      Geothermal Land Near Burning Man

      70 acres with hot springs near Black Rock City.
      NV-447, Gerlach, NV 89412
      View Details
    • $48,000

      Land Surrounded by BLM Land

      80-acre land parcel in Gerlach, NV, near BLM land.
      0 -26 Unspecified, Gerlach, NV 89412
      View Details
    • $42,000

      Remote Desert Land Parcel

      40-acre high desert lot near Gerlach, Nevada.
      Unspecified, Gerlach, NV 89412
      View Details
    • $15,000

      Gerlach, NV Land For Sale

      20 acre land parcel in Duck Lake Basin, Gerlach, NV.
      35 Duck Lake Loop, Gerlach, NV 89412
      View Details
    • $177,777

      238.62 Acres Near Black Rock

      Three parcels totaling 238.62 acres near Black Rock Desert.
      Gerlach, NV 89412
      View Details
    • $6,000,000

      Smoke Creek Road Land Parcel

      Land parcel available on Smoke Creek Road, Gerlach, NV.
      71888 Smoke Creek Road, Gerlach, NV 89412
      View Details
    • $50,000

      40 Acres in Gerlach, Nevada

      40 acres of land in Washoe County, Gerlach, Nevada.
      Gerlach, NV 89412
      View Details
    • $1,875,000

      320 Acres in Gerlach, NV

      Pristine 320-acre property with natural springs near Burning Man.
      Secret Springs, Gerlach, NV 89412
      View Details
    • $30,000

      Land For Sale in Gerlach

      40 acres of land available in Washoe County, Nevada.
      066-070-43 Hwy 447, Gerlach, NV 89412
      View Details

    FAQs

    What type of property is this?
    Land - Secluded 80-acre property with creek access near BLM land.
    Where is this land located?
    The property is located at Wall Canyon Reservoir Road Gerlach, NV.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: 80 acres of unmatched privacy bordered by BLM land.; Secluded, off‑grid setting ideal for a cabin, hunting camp, or private retreat.; Year‑round Mountain View Creek flows through the property.
    (530) 414-1796
    We can help!
    Listing Contact
    Morgan Nevin
    Morgan Nevin
    Real Estate License ID: B.146211
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    Wall Canyon Reservoir Road, Gerlach, NV 89412

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!