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    400 King St Carson City, NV 89703

    For Sale
    $4,100,000

    Prime Carson City Office, 35,426 SF

    Property size:
    35,426 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a four-story, 35,426-square-foot office building situated on a 0.66-acre lot in Carson City, Nevada. The property, located at 400 W King St, zip code 89703, is conveniently located within walking distance of the State Capitol building. Built in 1974, the Class C building features 16 individual units, offering flexibility for various tenants. The permitted zoning is Residential Office, providing potential for diverse uses. The property's address is 400 W King St, Carson City, NV 89703, and its Assessor's Parcel Number (APN) is 003-205-01. This multi-tenant building presents a strong potential for rental income and capital appreciation. The asking price for this substantial property is $4,100,000. The building's strategic location and substantial square footage make it an attractive investment for both seasoned and emerging investors seeking a foothold in the Carson City commercial real estate market. The property's size and layout offer significant potential for future development or renovation. This is a rare opportunity to acquire a well-positioned office building in a growing Nevada city. The property's convenient location and proximity to the State Capitol building provide excellent visibility and accessibility.

    Property Features for 400 King St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    35,426 SF
    Class
    C
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    4
    Units
    16

    HighLights

    • $4,100,000 asking price.
    • 35,426 square foot office building.
    • 16 units in a Class C building.
    • Built in 1974, four stories on a 0.66‑acre lot.
    • Located at 400 W King St, Carson City, NV 89703, with Residential Office zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NEVADA BREASTFEEDS Association / Organization Mine Safety & Training Education Shelter Insurance - Ana ... Insurance Agency Special Education School Workers Compensation Social Services Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Carson City
    County
    Douglas
    State
    Nevada
    Longitude
    -119.7699258
    Latitude
    39.164176

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Carson City Office, 35,426 SF
    Where is this office property / space located?
    The property is located at 400 King St Carson City, NV.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: $4,100,000 asking price.; 35,426 square foot office building.; 16 units in a Class C building.
    (775) 386-9727
    Request Owner's contact information
    400 King St Carson City, NV 89703
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    Carson City, NV 89703
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    400 King St Carson City, NV 89703
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