Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Industrial Development Opportunity Title is generated by Realmo AI

    Arrowhead Drive, Carson City, NV 89706

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    24.31-acre industrial land in Northern Nevada.

    Type:Industrial
    Property size:
    161,280 SF
    Added:
    Nov 22, 2025
    Days on Market:
    192
    Last Refresh:
    May 19 at 11:13 pm

    Property Features for Arrowhead Drive

    General Information

    Standard status
    Active
    Size
    161,280 SF
    Property subtype
    Industrial

    Spaces For Lease

    at Arrowhead Drive Contact us

    We can help!

    Listing Contact
    Tomi Jo Lynch

    Listing agent Tomi Jo Lynch License #BS.0144992

    Listing office CBRE | Reno

    Listing date Nov 22, 2025

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Reno

    HighLights

    • Last large remaining developable industrial land in Carson City.
    • Centrally located with 1‑day truck service to 60 million customers and 2‑day service to 11 western states.
    • Strong market demand with a low 6% vacancy rate.
    • Proximity to major transportation routes.
    • Access to an affordable workforce.
    • Idyllic setting nestled in the foothills of the Sierra Nevada Mountains.

    Overview

    Arrowhead Commerce Center presents a significant industrial development opportunity, encompassing approximately 24.31 acres in Northern Nevada. The location offers logistical advantages, being situated 30 miles south of Interstate 80, 4.2 miles east of Interstate 580, and near Highway 50. This provides access to over 60 million people within a day's truck service and eleven states within two days, along with five major ports. The property is located in the foothills of the Sierra Nevada Mountains and near the Eagle Valley Golf Course. The Carson City area provides affordable workforce housing opportunities and reduced commute times. The site represents a development opportunity within the Carson City industrial market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Carson City
    County
    Douglas
    State
    Nevada
    Longitude
    -119.771
    Latitude
    39.1988

    Nearby Similar for Lease

    • Sponsored
      $129-$6,886/Mo
      11-1,292 SF

      NV, Carson City – S Carson St

      1007 Carson St 1 &, Unit 2ND, Carson City, NV 89701
      View Details
    • $775/Mo
      765 SF

      Downtown Carson City Office Space

      Office space available for lease in downtown Carson City.
      305 N Carson, Carson City, NV 89701
      View Details
    • $0.95 SF/Yr
      2,615 SF

      Commercial Space Available For Rent

      Commercial property with 2,615 square feet available for lease.
      5460 Us Highway 50 E, Carson City, NV 89701
      View Details
    • $1.65 SF/Yr
      993 SF

      Office Space with Mountain Views

      Office space featuring mountain and city views, utilities included.
      400 W King St, Carson City, NV
      View Details
    • Contact for pricing
      2,911 SF

      Carson City Drive-Thru Restaurant Space

      Freestanding building with drive-thru in the heart of Carson City.
      1111 N. Carson Street, Carson City, NV 89701
      View Details
    • $4,413/Mo
      3,837 SF

      Carson City Retail/Office/Warehouse Space

      Corner retail/office/showroom and drive-in warehouse space for lease.
      3745-3745 N Carson St, Carson City, NV
      View Details
    • $1.25 SF/Yr

      Carson City Retail/Automotive Space

      Retail/automotive space with showroom, office, and fenced yard.
      3390 S Carson St, Carson City, NV 89701
      View Details
    • $1.10 SF/Yr
      1,675 SF

      Carson City Retail Space Available

      Retail suites available in well-located Carson City shopping center.
      1921-1987 N Carson St, Carson City, NV
      View Details
    • $1.50 SF/Yr
      1,043 SF

      Westside Office Space Available

      Office space for rent in a great westside location.
      1177 N Division St, Carson City, NV
      View Details
    • $0.90 SF/Yr
      2,500 SF

      Carson City Flex Space Available

      2,500 SF flex space near Carson City Airport.
      5225 Grumman Dr, Carson City, NV
      View Details
    • Contact for pricing
      1,331 SF

      Centrally Located Office/Retail Space

      Office/retail space with great exposure and ample parking.
      1001-1087 S Carson St, Carson City, NV 89701
      View Details
    • $1.40 SF/Yr
      2,200 SF

      Retail Space on Roop Street

      Retail space available May 1st, 2025, tenant pays utilities.
      725 Basque Way, Carson City, NV
      View Details

    FAQs

    What type of property is this?
    Industrial land - 24.31-acre industrial land in Northern Nevada.
    Where is this industrial land located?
    The property is located at Arrowhead Drive Carson City, NV.
    What are key features of this property?
    This property features: Last large remaining developable industrial land in Carson City.; Centrally located with 1‑day truck service to 60 million customers and 2‑day service to 11 western states.; Strong market demand with a low 6% vacancy rate.
    (775) 321-4484
    We can help!
    Listing Contact
    Tomi Jo Lynch
    Real Estate License ID: BS.0144992
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Arrowhead Drive, Carson City, NV, 89706
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!