Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2340 Calle Hermosa Rd Gardnerville, NV 89410
    Back to Search
    Property profile & analytics

    2340 Calle Hermosa Rd Gardnerville, NV 89410

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2340 Calle Hermosa Rd

    Property type
    Land

    Description

    This exceptional 6.3-acre residential lot, located at 2340 Calle Hermosa Rd, Gardnerville, Nevada 89410, presents a unique opportunity to build your dream home. Situated in Douglas County, this property boasts lush vegetation and a tranquil setting, offering a serene escape while remaining conveniently located. The land is zoned for residential use and comes with existing electrical connections, simplifying the development process. Imagine creating a custom home on this expansive parcel, surrounded by the natural beauty of Nevada. The property's prime location offers a blend of privacy and accessibility, making it an ideal location for a primary residence or a peaceful retreat. With its abundant space and existing infrastructure, this lot provides endless possibilities for creating a truly personalized and luxurious living environment. Don't miss this chance to own a piece of Nevada paradise and build the home you've always envisioned. The asking price for this remarkable property is $475,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.644
    Latitude
    38.9492

    Comparable in this City

    • Value Estimation by Request
      130.55 Acres

      000 Pinenut Rd

      Farms • 130.55 Acres
      000 Pinenut Rd, Gardnerville, NV 89410
      View Details
    • Value Estimation by Request
      1.66 Acres

      1378 Hwy

      Land • 1.66 Acres
      1378 Hwy, Gardnerville, NV 89410
      View Details
    • Value Estimation by Request
      23.45 Acres

      Muller Pkwy

      Land • 23.45 Acres
      0 Muller Pkwy, Gardnerville, NV 89410
      View Details
    • Value Estimation by Request
      11.15 Acres

      1685 Bently Pkwy

      Land • 11.15 Acres
      1685 Bently Pkwy, Minden, NV 89410
      View Details
    • Value Estimation by Request
      8,604 SF

      1501 Us Hwy 395th S

      MOBILE HOME PARK, TRAILER PARK • 8,604 SF
      1501 Us Hwy 395th S, Gardnerville, NV 89410-7096
      View Details
    • Value Estimation by Request
      1,738 SF

      1493 Us Hwy 395th N

      MOBILE HOME PARK, TRAILER PARK • 1,738 SF
      1493 Us Hwy 395th N, Gardnerville, NV 89410-5220
      View Details

    Similar Nearby for Sale

    • $325,000
      5.00 Acres

      Land with Mountain and Desert Views

      Five-acre parcel with mountain views near Pine Nut Creek.
      1167 Out-R-Way, Gardnerville, NV 89410
      View Details
    • $595,000
      42.53 Acres

      Gardnerville Land with Panoramic Views

      42.53 acres with creek, views, and development potential.
      Bray Way, Gardnerville, NV 89410
      View Details
    • $749,000
      39.19 Acres

      Land Parcel Near BLM

      Land parcel with power, near town, medical, shopping, restaurants.
      Old Ranch Rd, Gardnerville, NV 89410
      View Details
    • New
      $2,600,000
      1.23 Acres

      Topaz Lake Retreat Investment Opportunity

      8,150 sq.ft. property on 1.23 acres with highway frontage.
      1929 Us Highway 395, Gardnerville, NV 89410
      View Details
    • Contact for pricing

      Age Restricted Mobile Home Park

      50-space mobile home park for sale, 100% occupied.
      596 Us Highway 395, Gardnerville, NV 89410
      View Details
    • New
      $2,150,000
      Pending

      Historic Mixed-Use Property For Sale

      Mixed-use property with restaurant and residential units in Gardnerville.
      1453 Us Highway 395 N, Gardnerville, NV 89410
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Highway 395 Nevada Rental Property

      Rental property located on Highway 395 North, Gardnerville, Nevada.
      596 Us Highway 395 North, Gardnerville, NV 89410
      View Details
    • Contact for pricing
      1,231 SF

      Retail Space in Gardnerville Center

      Retail and restaurant spaces available in busy Gardnerville center.
      1329 Us Highway 395 N, Gardnerville, NV 89410
      View Details
    • Contact for pricing

      Retail Center in Gardnerville, Nevada

      Spacious retail center available for rent in Gardnerville, Nevada.
      1281 Kimmerling Rd, Gardnerville, NV 89410
      View Details
    • Contact for pricing

      Industrial Way Commercial Space Available

      Commercial space for rent with high visibility and ample parking.
      1424 Industrial Way, Gardnerville, NV 89410
      View Details
    • Contact for pricing

      Retail Space in Gardnerville

      Retail space with high visibility in Gardnerville, Nevada.
      1329 U.S Us Highway 395 N, Gardnerville, NV 89410
      View Details
    • Contact for pricing
      753 SF

      Office Space in Gardnerville

      Office space available for rent, totaling 753 square feet.
      1453 Us Highway 395 N, Gardnerville, NV 89410
      View Details
    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.
    2340 Calle Hermosa Rd
    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
    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
    2340 Calle Hermosa Rd, Gardnerville, NV, 89410
    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!