1250 East William St Carson City, NV 89701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Carson City, NVCarson City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.