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Property profile & analytics
OFF-MARKET
Hotels

1464 Rand Ave Carson City, NV 89706-3225

2,425 SF 1 ac lot Built 1977
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US62-1257068
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1977
Total area 2,425 SF
Lot 1 ac (43,560 SF)
Zoning code GC
APN 002-244-04
UPID US62-1257068
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
Current use
Occupant on record · Public records
  • Fifty Flats | Rylexa Properties Apartment Rental Agency Housing Complex
  • Rand Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fifty Flats LLC · 7 yrs held
Fifty Flats LLC
since 2019
7 recorded transactions
2022
Price N/A
2020
Price N/A
2019
$2.1M
2018
Price N/A
2014
Price N/A
2014
$1.2M
2010
$25,568
Zoning & alternative use
GC · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

18.04.135 - General commercial (GC) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purpose of the GC District is to preserve a commercial district limited primarily to retail and wholesale sales of new and used material, repair and service facilities and offices. 2. Temporary unscreened outdoor displays and sa…

Zone name General Commercial
General category COMMERCIAL
Zone area 977.59 ac
Source code of ordinances
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