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    Gs Richards Blvd Carson City, NV 89703

    For Sale
    $6,018,000

    Prime 6.2-acre development land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This 6.2-acre parcel in Carson City, Nevada (APN: 007-461-19), is offered at $6,018,000. Located on Gs Richards Blvd, zip code 89703, this level site boasts approved plans for a 177-unit multifamily development, including a clubhouse, totaling 189,896 square feet across five buildings. The proposed unit mix includes 93 one-bedroom, 60 two-bedroom, and 24 three-bedroom apartments. The property's prime location in the North Carson City submarket offers easy access to Interstate 580 and N Carson Street, providing convenient commutes to Reno-Sparks and other surrounding areas. Its proximity to Carson Tahoe Regional Medical Center and the highly-rated Silver Oak Golf Course adds significant appeal. The surrounding area is characterized by a mix of professional and medical offices, and upper-middle-class single-family homes, within the Silver Oak Planned Unit Development. Residents enjoy access to golf, walking, biking, and hiking trails with stunning mountain views. Carson City's strategic location between Lake Tahoe and Reno, coupled with limited housing inventory and increased demand for rental properties, creates a thriving rental market. This presents a compelling investment opportunity in a rapidly growing area with strong potential for significant returns. The site is conveniently located near Minden, Garnerville, Douglas, South Lake Tahoe, and the Tahoe Reno Industrial Center. This development opportunity is situated in a thriving rental market in Northern Nevada.

    Property Features for 0 Gs Richards Blvd

    General Information

    Property type
    Land
    Lot Size
    270,072 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carson City
    County
    Douglas
    State
    Nevada
    Longitude
    -119.7767874323
    Latitude
    39.193247749303

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    FAQs

    What type of property is this?
    Land - Prime 6.2-acre development land
    Where is this land located?
    The property is located at Gs Richards Blvd Carson City, NV.
    What is the asking price?
    The asking price for this property is $6,018,000.
    (775) 356-6118
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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
    Gs Richards Blvd Carson City, NV 89703
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