123 W Nye Ln Carson City, NV 89706
- Office buildings
- 44,304 SF
- 2.97 lot acres
Current Use by Public Records
- RibbedTee / Clothing Store
- John Binns-Catalyst Lending NMLS ID 343868 / Mortgage Lender
- Talintel, Inc. / Software Company
- Flooding Sensors / Plumbing Supply Store
- Hanger Clinic: Prosthetics & Orthotics / Orthotics & Prosthetics Service / Medical Clinic
Property Details for 123 W Nye Ln
- Year built
- 1990
- Lot size
- 2.97 lot acres
- Property size
- 44,304 SF
- Zone code
- RC
- Property type
- Office buildings
- APN
- 002-061-26
- APU
- 206126
Description
This exceptional 44,304 square foot traditional office building is situated on a 6.8-acre lot in Carson City, Nevada, at 123 W. Nye Ln, zip code 89706. The property boasts a highly desirable location on the north end of Carson City, offering convenient proximity to Carson City Hospital, city and county government offices, and the Nevada State Capitol complex. Currently, there are 13 available office spaces ranging in size from 336 square feet to 2,773 square feet, with a total of 4,553 square feet currently vacant. The building is zoned RC (Residential-Commercial), providing flexibility for a variety of uses. The multiple tenancy structure presents an excellent opportunity for investors seeking a diversified income stream. The property's substantial size and prime location make it an ideal investment for both established businesses and new ventures seeking a prominent presence in Carson City. This is a rare opportunity to acquire a well-located, sizable office building in a thriving Nevada community. The property's strategic location near key government and healthcare facilities ensures high visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $980,000
- 6.5%
- $1,065,000
- 7%
- $985,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $905,000
- Geo Method
- $1,090,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,155,000
- Retail
- $1,095,000
- Mixed-Use
- $955,000
- Hospitality
- $945,000
- Educational
- $865,000
- Residential Income
- $1,015,000
- Energy
- $1,005,000
- Income-Based Land
- $855,000
- Food Service
- $890,000
Location Insight
- Map
- Local Demand
- City
- Carson City
- County
- Carson City
- State
- Nevada
- Longitude
- -119.767
- Latitude
- 39.186
- CBSA code
- 16180
- CBSA name
- CARSON CITY, NV METROPOLITAN STATISTICAL AREA
