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OFF-MARKET
Retail properties & Spaces

1329 Hwy 395 Gardnerville, NV 89410

119,288 SF 8.7 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional retail center, known as Carson Valley Fair, presents a unique investment opportunity in the thriving Gardnerville, Nevada market. The property boasts a total of 119,288 square feet across four single-story buildings, situated on 8.7 acres of land. Currently, there are 45,718 square feet of vacant space available, offering flexibility for a variety of retail uses. Space sizes range from 930 square feet to a maximum contiguous space of 31,909 square feet, catering to diverse tenant needs. The property is conveniently located at 1329 U.S. Hwy 395 N, Gardnerville, NV 89410, at the heavily trafficked intersection of US Hwy 395 North and Waterloo Lane, experiencing over 27,200 vehicles daily, ensuring high visibility and accessibility. Built in 1990, the Class B property features ample parking with 400 spaces. The zoning is Neighborhood Commercial (APN: 1220-04-501-016). The property's location offers close proximity to high-density residential areas, providing a strong customer base. This is an ideal opportunity for businesses seeking high visibility and access to a substantial consumer market in a rapidly growing area. The property is zoned for a variety of retail uses, including restaurants, pharmacies, salons, and general retail establishments. There are four suites in total. No elevators are present.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 119,288 SF
Lot 8.7 ac (378,972 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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