Property profile

1177 Division St Carson City, NV 89703

OFF-MARKET
Office buildings
Property ID
US62-0079304
5,485 SF 0.27 ac lot Built 1996
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of approximately 1,043 square feet of ground-floor office space with a layout that includes a reception or waiting area, three private offices, and a private restroom. It is located on the west side at the corner of Division Street and John Street, providing access to the surrounding area. The space is configured for office use, and it has a modified gross lease structure in which tenants cover their own utility expenses.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1996
Total area 5,485 SF
Lot 0.27 ac (11,761 SF)
Zoning code RO
APN 001-176-01
UPID US62-0079304

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
  • Dental Office
  • Dental Office
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency

Location

1177 Division St Carson City, NV 89703-3874
Carson City metro Census 200 CARSON CITY, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2023
Last sale
$150,000
7 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
2011
Price N/A
2002
$1.4M
1998
Price N/A
1995
$150,000

Zoning & alternative use

RO · Carson City, NV
Zoning description

18.04.110 - Residential office (RO) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purposes of the RO district are to: (a) Preserve the desirable characteristics of the re…

General category MIXED_USE

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
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