Property profile

1200 Mtn St Carson City, NV 89703

OFF-MARKET
Office buildings
Property ID
US62-0316687
3,301 SF 1.51 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 20,632-square-foot medical office complex in Carson City, Nevada, presents a compelling value-add opportunity. Located at 1200 Mountain St, this fee-simple property sits on a 1.51-acre lot and comprises two buildings. The main building, totaling 17,331 square feet, is configured for multi-tenant use, while the second building offers 3,301 square feet of single-tenant space. Both buildings feature fully built-out medical suites with wet exam rooms and common reception areas. Originally constructed in 1961, the larger building underwent significant renovations in 1981 and 1991, with the smaller building also renovated in 1991. Recent capital improvements (since 2013) include a new roof on the main building, upgraded HVAC systems, a resurfaced parking lot, and various interior and exterior upgrades. A portion of the main building is equipped with a fire sprinkler system. The property benefits from a prime location, adjacent to the historic district and the Governor's Mansion, and directly across from Carson Tahoe Health Specialty Medical Center and a new memory care facility. Zoned RO (Residential Office), this property offers excellent potential for owner-users or investors seeking to capitalize on the strong medical presence in the area. The property was previously occupied by Carson Medical Group, which expanded to a larger facility. The buildings are single-story and feature typical medical office amenities, including exam rooms, lab areas, private and open offices, and break areas. The property's APN is 001-213-12.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1961
Total area 3,301 SF
Lot 1.51 ac (65,732 SF)
Zoning code RO
APN 001-213-12
UPID US62-0316687

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
  • Physician
  • Physician
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Physician

Location

1200 Mtn St Carson City, NV 89703-3821
Carson City metro Census 200 CARSON CITY, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2024
Last sale
$1.0M
6 recorded transactions
2024
$1.0M
2023
Price N/A
2017
Price N/A
2016
$3.8M
1969
Price N/A
1969
Price N/A

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
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 1200 Mtn St?
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