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Property profile & analytics
FOR LEASE
Flex space
1436 Industrial Way Gardnerville, NV 89410
Individually Owned
~
Est. High Equity
Property ID
US62-0907021
For Lease
1 / 4
$22.20 SF/Yr
1436 Industrial Way, Gardnerville, NV 89410
View Listing →
Property summary
AI-generated overview
This 5,550 square foot industrial space, located at 1436 Industrial Way, Unit C, Gardnerville, NV 89410, is perfect for automotive or service businesses. The single-story building features two drive-in doors, a 15-foot high by 14-foot wide rear roll-up door, and abundant parking. Inside, you'll find staff and customer restrooms, a break room, and a 900 square foot mezzanine above the office/lobby area, accessible by forklift via a breakaway section in the railing. The space boasts high ceilings, a sales counter area, Reznor heaters, interior water hose bibs, metal halide workspace lighting, and three-phase power is available. Pylon signage is also an option. A fenced rear yard is available for lease separately. The property is zoned for General Industrial use (APN: 1220-03-410-011). The space will be available January 1, 2025. Showings are available.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1972
Total area
8,640 SF
Lot
1.18 ac (51,401 SF)
APN
1220-03-410-011
UPID
US62-0907021
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
Current use
Occupant on record · Public records
-
Intrepid Realty: Tamara Murry Real Estate Agency
-
Luis's Automatics Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Jerome E Etchegoyhen
Jerome E Etchegoyhen
since 2026
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+85.4%
Commercial (general)
$1.7M
+84.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gardnerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardnerville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$895,000
Current use
OFFICE BUILDING
$1,655,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,650,000
Change: +85% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Jan 25 2024)
Last sale anchor
$1.20M
Jan 25 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,494
Tax year 2024
Assessed value
$126,121
Assessed 2024
Previous assessed
$113,696
+10.9% YoY
Effective rate
3.56%
On assessed value
Assessed land
$35,000
Assessed improvement
$91,121
Land market value
$100,000
Improvement market value
$260,346
Total market value
$360,346
Applied tax rate
521.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1972
Heating
NONE
Stories
1
Total area
8,640 SF
Lot
1.18 ac (51,401 SF)
APN
1220-03-410-011
UPID
US62-0907021
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$895,000
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Jerome E Etchegoyhen
Individual
Mailing address
1141 ROCKY TER DR, GARDNERVILLE, NV 89460-9712
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2026
—
Jerome E Etchegoyhen
Susan Kaye Etchegoyhen
Deed
related
—
Apr 18, 2025
—
Jerome E Etchegoyhen
Jerome E Etchegoyhen
Deed
related
—
Jan 25, 2024
—
Jerome E Etchegoyhen
Jerome E Etchegoyhen
Intrafamily Transfer
related
—
Jun 5, 2018
—
Jerome E Etchegoyhen
—
Deed
related
$600,000 · Heritage Bk/nv
May 11, 2018
$1,200,000
Jerome E Etchegoyhen
Angelo Pecorilla Trust Angelo Pec
Grant Deed
$600,000 · Heritage Bk/nv
Jul 14, 2015
$526,300
Pecorilla,angelo Trust
Valentine D E & J F Trust
Grant Deed
—
—
—
Jerome E Etchegoyhen
—
Deed Of Trust
related
$600,000 · Heritage Bk/nv
—
—
Jerome E Etchegoyhen
—
Deed Of Trust
related
$493,000 · Nevada St Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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