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Property profile & analytics
FOR SALE
Commercial land

1250 East William St Carson City, NV 89701

0.76 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US62-0741196
Property summary
AI-generated overview

This exceptional 1.65-acre commercial land parcel presents a unique investment opportunity in Carson City, Nevada. Priced at $1,175,000, this property offers significant potential for development. The land is zoned General Commercial (GC), allowing for a wide range of uses. Conveniently located on East William Street, this property boasts approximately 90 feet of frontage on each of the two parcels (approximately 0.88 acres and 0.77 acres, which can be purchased separately for $625,000 and $550,000 respectively, or together for $1,175,000), benefiting from high traffic counts of approximately 25,000 vehicles daily due to its proximity to US Highway 50 East and the newly constructed I-580 freeway bypass. The mostly level land sits directly across from Mills Park, a vibrant community hub hosting year-round activities. Surrounding businesses include United Federal Credit Union, Surf-Thru Car Wash, Walgreens, Starbucks, Kinko's, U-Haul, and Wells Fargo Bank, further enhancing the property's desirability. Common easements to State Street provide convenient access. The property's location is also advantageous, being a quarter-mile from Carson City High School, serving over 2,500 students. The land value is $16.35 per square foot. The APN is 02-441-09 & 10. Lot line adjustments are possible to accommodate specific needs.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.76 ac (33,323 SF)
Zoning code GC
APN 002-441-47
UPID US62-0741196
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Eric D Pederson · 5 yrs held
Eric D Pederson
since 2021
2 recorded transactions
2021
Price N/A
2019
Price N/A
Zoning & alternative use
GC · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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