Property profile

123 W Nye Ln Carson City, NV 89706

FOR LEASE
Office buildings
Property ID
US62-0942364
44,304 SF 2.97 ac lot Built 1990
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Total area 44,304 SF
Lot 2.97 ac (129,373 SF)
Zoning code RC
APN 002-061-26
UPID US62-0942364

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
  • Clothing Store
  • Loan Service Bank
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Plumbing Service Building Supply
  • Orthotics & Prosthetics Service Medical Clinic

Location

123 W Nye Ln Carson City, NV 89706
Carson City metro Census 501 CARSON CITY, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$865k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2024
Price N/A
2005
$6.5M
1969
Price N/A

Zoning & alternative use

RC · Carson City, NV
Zoning description

18.04.130 - Retail commercial (RC) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purpose of the RC District is to preserve a commercial district limited primarily to offi…

General category INDUSTRIAL

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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