New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Office buildings
1470 College Pkwy, Carson City, NV 89706-7924
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US62-0060300
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1996
Total area
44,456 SF
Lot
2.81 ac (122,404 SF)
Zoning code
LI
APN
008-125-54
UPID
US62-0060300
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
-
Division of Nevada Welfare and Supportive Services Government Office
-
Welfare & Supportive Services - The Division of Welfare and Supportive Services Child Support Enforcement Program Government Office
-
Health Care Financing & Policy Public Health Department
-
Nevada Division of Welfare and Support Services Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Hfrm II INC · 17 yrs held
Hfrm II INC
since 2008
7 recorded transactions
Zoning & alternative use
LI · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$64,081
Tax year 2024
Assessed value
$1,830,381
Assessed 2024
Previous assessed
$1,661,993
+10.1% YoY
Effective rate
3.50%
On assessed value
Assessed land
$308,457
Assessed improvement
$1,521,924
Land market value
$881,306
Improvement market value
$4,348,354
Total market value
$5,229,660
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1996
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
44,456 SF
Lot
2.81 ac (122,404 SF)
Zoning code
LI
APN
008-125-54
UPID
US62-0060300
Jurisdiction
CARSON CITY
Zoning & alternative use
LI · Carson City, NV
Zoning LI · permitted uses
LI · Carson City, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.81 ac
Current owner
From public records · entity-resolved
Hfrm II INC
Entity
Mailing address
PO BOX 1185, SAN RAMON, CA 94583-1185
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2011
—
Hfrm II INC
—
Deed Of Trust
related
$10,000,000 · Bank Of The West
Dec 3, 2008
$6,900,000
Hfrm II INC
Meyer Crest Ltd
Grant Deed
—
—
—
Hfrm II INC
—
Loan Modification
related
—
—
—
Hfrm II INC
—
Loan Modification
related
—
—
—
Meyer Crest Ltd
—
Deed Of Trust
related
$3,420,000 · Bank Of The West
—
—
Hfrm II INC
—
Loan Modification
related
—
—
—
Hfrm II INC
—
Deed Of Trust
related
$11,325,000 · Exchange Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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