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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Casinos
1440 Us Hwy 395th N Gardnerville, NV 89410-5209
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0900112
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1895
Total area
29,402 SF
Lot
0.99 ac (43,124 SF)
APN
1320-33-401-053
UPID
US62-0900112
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
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Sharkeys Land Co LLC · 2 yrs held
Sharkeys Land Co LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$825k
Range $743k – $908k · ±10%
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
$28 / 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
$33,487
Tax year 2024
Assessed value
$915,308
Assessed 2024
Previous assessed
$853,456
+7.2% YoY
Effective rate
3.66%
On assessed value
Assessed land
$99,750
Assessed improvement
$815,558
Land market value
$285,000
Improvement market value
$2,330,166
Total market value
$2,615,166
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
1895
Heating
NONE
Stories
1
Total area
29,402 SF
Lot
0.99 ac (43,124 SF)
APN
1320-33-401-053
UPID
US62-0900112
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
Building & site characteristics
From public records
Year built
1895
Heating
NONE
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Sharkeys Land Co LLC
Entity
Mailing address
1627 US HWY 395TH N, MINDEN, NV 89423-4301
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
Sharkeys Land Co LLC
—
Deed
related
$7,000,000 · Zb NA
Mar 22, 2024
—
Sharkeys Land Co LLC
G Peg Land Co LLC
Bargain And Sale Deed
—
Aug 16, 2022
—
G Peg 1 LLC
—
Deed
related
$190,000,000 · Citizens Bank NA
Jan 7, 2022
—
Gpeg I LLC
See Horse I LLC
Bargain And Sale Deed
—
Jun 15, 2018
—
See Horse I LLC
—
Loan Modification
related
$47,500,000 · Nevada St Bk
Jan 4, 2018
—
G Peg II LLC
—
Grant Deed
related
$36,000,000 · Nevada St Bk
Mar 4, 2015
—
G Peg I LLC
Holder Group Sharkeys LLC
Grant Deed
related
—
Mar 3, 2015
—
See Horse I LLC
Holder Group Sharkeys LLC
Quit Claim Deed
related
—
Dec 4, 2014
$500,000
See Horse I LLC
Western Title Co|holder Group Sharkeys LLC
Trustees Deed
—
—
—
Holder Group Sharkeys LLC
—
Loan Modification
related
$4,000,000 · Northern Nv Bk
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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