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Property profile & analytics

1199 Mark Cir Gardnerville, NV 89410

  • Flex space
  • 51,116 SF
  • 3.42 lot acres
Value Estimations
$1,135,000
Cap Rate Potential
Location Intelligence
Property ID
US62-0860879
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Flex space

Property Details for 1199 Mark Cir

Year built
2024
Lot size
3.42 lot acres
Property size
51,116 SF
Property type
Flex space
APN
1220-11-001-068
APU
122011001068

Description

This exceptional 51,650-square-foot building, constructed in 2023, sits on a 3.42-acre lot in Gardnerville, NV (APN 1220-11-001-068). Zoned for light industrial use, it features insulated concrete walls, an ESFR sprinkler system, and a concrete slab floor. Natural light floods the space through strategically placed windows. The building boasts a 2,000-square-foot office area complete with carpet, HVAC, and two restrooms, plus janitorial storage. The warehouse area includes overhead heating and swamp coolers, and four restrooms (two per side). The high ceilings reach 28 feet, with a 32-foot roof. The property offers robust electrical supply (480-volt, 3-phase, 1200 amps), two truck well delivery bays, and two drive-through truck doors. Ample parking is available, with over 10 spaces directly in front and an additional 50+ spaces within 35 yards. Charter internet service is available in the park. Prominent signage opportunities exist, including a space on the park's entry sign. This single-tenant property is offered with a three-year lease, including two-year options. Year one rent is $0.99 per square foot ($51,133.50/month) plus CAM ($0.12/sq ft, $6,198 annually). Rent increases incrementally in subsequent years. Building fire insurance is covered by the landlord; the tenant is responsible for contents insurance and any damage to the facility. Property taxes are paid by the landlord, with a 50% pro-rated chargeback to the tenant annually. Water and sewer are billed at a tiered flat rate. All other utilities and janitorial services are the tenant's responsibility. Cross street is Sawmill Road.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,135,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Gardnerville
County
Douglas
State
Nevada
Longitude
-119.7
Latitude
38.9237
CBSA code
23820
CBSA name
GARDNERVILLE RANCHOS, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$38,836
$49,350
$1,303,857
$1,353,207
-
$141,000
$3,725,306
$3,866,306
More about this property
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