Property profile

445 Fairview Dr Carson City, NV 89701

OFF-MARKET
Retail properties & Spaces
18,200 SF 1.25 ac lot Built 1963
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Carson City retail investment opportunity encompasses two buildings totaling 18,200 square feet on a 1.25-acre lot (APN 009-082-04 & 009-082-05). The property, zoned RC, features two separately deeded parcels (6,200 SF and 12,000 SF) built in 1963 and 1964 respectively, and boasts ample shared parking. Currently occupied by a diverse tenant mix including The Insurance Works, Hot Spring Spas and Hot Tubs, Mattress King, and CAAST Learning Center, the property offers below-market rents, presenting a significant value-add opportunity for the astute investor. Significant renovations were completed between 2010 and 2021, including exterior painting in 2021 and newer roofs. The buildings are meticulously maintained and benefit from separately metered utilities. This prime location enjoys high visibility due to its proximity to a major freeway exit and a main Carson City thoroughfare, situated directly across from a shopping center anchored by Lowe's, Office Depot, and PetSmart. Annual property taxes total $8,126.16. The asking price is $2,400,000, representing a price per square foot of $131.87. Detailed income and expense information is available upon request and execution of a non-disclosure agreement.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1963
Total area 18,200 SF
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods
  • Hair Salon

Location

445 Fairview Dr Carson City, NV 89701
Carson City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 445 Fairview Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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