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Property profile & analytics
OFF-MARKET
Land

1378 Hwy Gardnerville, NV 89410

1.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.66-acre commercial land parcel presents a remarkable investment opportunity in Gardnerville, Nevada. Strategically located on Highway 395, this property boasts convenient access and high visibility. The lot features paved/concrete roads, city/county sewer and water connections already in place, and underground electricity. With a total area of 72,310 square feet, the property is zoned for both Commercial and Multi-Family use, offering significant development flexibility. Currently vacant, this land is ideal for a variety of projects. The seller is actively pursuing permits for an 8,000 square foot commercial building and a 15-unit apartment townhouse complex. While the asking price of $750,000 excludes plans and permits, the seller is willing to consider an increased price of $1,100,000 with the permits and approvals for the aforementioned project secured. This prime location in Douglas County, Nevada (zip code 89410), offers unparalleled potential for both commercial and residential development. The APN is 122004101029. Contact us today to explore the possibilities.

Property profile
Verified
Property type Land
Lot 1.66 ac (72,310 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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