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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Apartment buildings
1024 5th St Carson City, NV 89701-5103
Trust Owned
8-yr Hold
Property ID
US62-1242734
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2004
Total area
9,616 SF
Lot
0.52 ac (22,651 SF)
Zoning code
MFA
APN
004-351-22
UPID
US62-1242734
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
Current use
Occupant on record · Public records
-
Millard Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Turke Living Trust · 8 yrs held
Turke Living Trust
since 2017
6 recorded transactions
Zoning & alternative use
MFA · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$52 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,426
Tax year 2024
Assessed value
$465,523
Assessed 2024
Previous assessed
$409,665
+13.6% YoY
Effective rate
3.31%
On assessed value
Assessed land
$127,165
Assessed improvement
$338,358
Land market value
$363,328
Improvement market value
$966,736
Total market value
$1,330,064
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
2
Bathrooms
6
Total area
9,616 SF
Lot
0.52 ac (22,651 SF)
Zoning code
MFA
APN
004-351-22
UPID
US62-1242734
Jurisdiction
CARSON CITY
Zoning & alternative use
MFA · Carson City, NV
Zoning MFA · permitted uses
MFA · Carson City, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
6
Lot
0.52 ac
Current owner
From public records · entity-resolved
Turke Living Trust
Trust
Mailing address
PO BOX 400, GRAEAGLE, CA 96103-0400
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2017
—
Turke Living Trust
Turke,donald T & Sharon A
Quit Claim Deed
related
—
Aug 31, 2005
$1,800,000
Donald T Turke
Stanton Park Development INC
Bargain And Sale Deed
$220,048 · Stanton Park Development INC
Aug 15, 2003
$165,000
Stanton Park Development INC
Jones,ruth E
Grant Deed
—
—
—
Turke,donald T & Sharon A
—
Deed Of Trust
related
$350,000 · Us Bk
—
—
Ruth E Jones
—
Deed Of Trust
related
$18,500 · Daliposon Trust
—
—
Stanton Park Development INC
—
Deed Of Trust
related
$675,000 · Colonial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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