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    Carson City Commercial Space Available Title is generated by Realmo AI

    4530 S Carson Street lot 3, Carson City, NV 89701

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    For Lease
    $210,276

    COMMERCIAL - Carson City, NV

    Lot size:
    0.48 Acres
    Added:
    Feb 27, 2024
    Days on Market:
    811
    Last Refresh:
    May 18 at 11:06 am

    Property Features for 4530 S Carson Street lot 3

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    GC
    Window features
    Double Pane Windows
    Standard status
    Active
    Lot size
    0.48 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2008
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Frame, Wood Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Jeanette Williams

    Listing agent Jeanette Williams License #S.186140

    Listing office Nolan Realty & Investments 105 Carson Road Ste B, Battle Mountain, NV

    Listing date Feb 27, 2024

    MLS# 240001968

    Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Base rent at an attractive $1.65 per square foot.
    • CAM fee of $.43/sf covers a wide range of services including building repairs, property insurance, property taxes, snow removal, irrigation, lot lighting, pavement/asphalt repairs, and trash.
    • 2024 CAM fee includes slated paving repairs and parking space marking.
    • Tenant improvements are negotiable.
    • Benefit from a multiple space parking lot.
    • Join an established tenant mix including Benson & Bingham, Anytime Fitness, EyeMart Express, Ascent Physical Therapy, Guild Mortgage, Edward Jones and Terrible Herbst Gas & Convenience Store.

    Overview

    Commercial space is available for rent at a base rate of $1.65 per square foot, in addition to a CAM fee of $0.43 per square foot. The CAM fee covers building repairs, property insurance, property taxes, snow removal, irrigation, lot lighting, pavement and asphalt repairs, and trash services. Tenants will be billed separately for water usage on their monthly rent and CAM invoices, which keeps this cost separate from shared expenses. The CAM fee is adjusted annually. For 2024, the CAM fee includes planned paving repairs, parking space marking, and landscape maintenance improvements. Tenant improvements are negotiable. The owner and landlord are seeking a five-year lease term with the option of one or two five-year extensions. Current tenants include Benson & Bingham, Anytime Fitness, EyeMart Express, Ascent Physical Therapy, Guild Mortgage, Edward Jones, and Terrible Herbst Gas & Convenience Store. The property includes a multiple-space parking lot and is located in Carson City, Nevada.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eyemart Express Ophthalmologist Anytime Fitness Gym & Fitness Center JM Furniture Furniture & Home Goods eyes on Carson Physician Dr. Andrek Ingersoll Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Eagle Station — 3701 S Carson St, Carson City, NV 89701
    • Coinstar — 3701 S Carson St, Carson City, NV 89701
    • Coinstar Kiosk | Bitcoin ATM — Save Mart, 4348 S Carson St, Carson City, NV 89701

    Location Insight

    • Map
    • Local Demand
    City
    Carson City
    County
    Douglas
    State
    Nevada
    Longitude
    -119.7716957
    Latitude
    39.1261279

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    FAQs

    What type of property is this?
    Shopping center - Commercial space for rent in Carson City, Nevada.
    Where is this shopping center located?
    The property is located at 4530 S Carson Street lot 3 Carson City, NV.
    What is the lease rate?
    The lease rate is $210,276.
    What are key features of this property?
    This property features: Base rent at an attractive $1.65 per square foot.; CAM fee of $.43/sf covers a wide range of services including building repairs, property insurance, property taxes, snow removal, irrigation, lot lighting, pavement/asphalt repairs, and trash.; 2024 CAM fee includes slated paving repairs and parking space marking.
    (775) 225-9439
    We can help!
    Listing Contact
    Jeanette Williams
    Real Estate License ID: S.186140
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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