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Property profile & analytics
OFF-MARKET
Land

1018 Fifth St Carson City, NV 89701

0.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Carson City, NV investment opportunity encompasses 0.7 acres of land zoned for multifamily development (PUD). The property includes seven townhouse lots and easements for fifteen garages, with three existing garages and three storage units already constructed. Located at 1018 E 5th St, 89701, this prime location offers convenient proximity to numerous state offices and the vibrant downtown area. The sale includes raw land, providing a blank canvas for developers to realize the full potential of this project. Existing structures include three completed storage units and three completed garages, offering immediate value and potential rental income. The property's PUD zoning allows for the construction of seven townhouses, further enhancing its investment appeal. The individual APNs included in the sale are: 004-351-07, 004-351-08, 004-351-13, 004-351-12, 004-351-11, 004-351-10, 004-351-09, 004-351-70, 004-351-71, 004-351-81, 004-351-88, 004-351-87, 004-351-82, 004-351-80, 004-351-79, 004-351-78, 004-351-77, 004-351-76, 004-351-75, 004-351-74, 004-351-73, 004-351-72, 004-351-66, 004-351-65, and 004-351-64. This is a rare opportunity to acquire a well-positioned development site in a thriving Nevada community. The asking price for this remarkable property is $330,000.

Property profile
Verified
Property type Land
Lot 0.7 ac (30,492 SF)
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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