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    1378 Us Highway 395 N Gardnerville, NV 89410

    For Sale
    $695,000

    Commercial development opportunity with approved plans for retail and multifamily.

    Lot size:
    1.66 Acres

    Property Features for 1378 Us Highway 395 N

    General Information

    Lot size
    1.66 Acres

    Source: Logic Commercial Real Estate | Reno Agent Mallory LaBranch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land with Approved Plans

    This commercial land offers a development opportunity with approved plans for a retail strip center designed for four tenants at the front of the parcel. The plans also include a total of 13 townhome-style, multifamily units along the back portion of the parcel. The property is located 0.3 miles northwest of Waterloo Lane on US Highway 395 N, providing 230 feet of frontage on the highway. This property presents an option for diversified rental income, with many initial steps already completed.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Skin Care Clinic Convenience Store Tattoo & Piercing Shop Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.563355
    Latitude
    38.740257

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    FAQs

    What type of property is this?
    Commercial land - Commercial development opportunity with approved plans for retail and multifamily.
    Where is this commercial land located?
    The property is located at 1378 Us Highway 395 N Gardnerville, NV.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Approved plans for a 4-tenant retail strip center and 13 townhome-style units.; - Diversified rental income potential.; - Boasting 230 feet of frontage on US Hwy. 395 N.
    (775) 220-6600
    Request Owner's contact information
    1378 Us Highway 395 N Gardnerville, NV 89410
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    Realmo Value Estimation

    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.

    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.

    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
    1378 Us Highway 395 N Gardnerville, NV 89410
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