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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Industrial properties
1558 Forrest Way Carson City, NV 89706-0311
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-1308071
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1994
Total area
15,072 SF
Lot
1.34 ac (58,458 SF)
Zoning code
LI
APN
008-681-43
UPID
US62-1308071
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
-
Kofile Technologies Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.64M
Owner & transaction history
Cmalt LLC · 2 yrs held
Cmalt LLC
since 2024
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
LI · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.6M
+277.2%
Office building
$2.9M
+144.1%
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
Method
Estimation
Statistic approach
$3,635,000
ML approach
$3,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,555,000
Change: +277% · Conversion: Difficult
OFFICE BUILDING
$2,945,000
Change: +144% · Conversion: Difficult
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.64M (Feb 8 2024)
Last sale anchor
$3.64M
Feb 8 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$241 / 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
$11,051
Tax year 2024
Assessed value
$342,074
Assessed 2024
Previous assessed
$299,297
+14.3% YoY
Effective rate
3.23%
On assessed value
Assessed land
$102,331
Assessed improvement
$239,743
Land market value
$292,375
Improvement market value
$684,981
Total market value
$977,356
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1994
Heating
YES
Cooling
YES
Stories
1
Total area
15,072 SF
Lot
1.34 ac (58,458 SF)
Zoning code
LI
APN
008-681-43
UPID
US62-1308071
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
OFFICE BUILDING
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Cmalt LLC
Entity
Mailing address
2950 PATRICK HENRY DR, SANTA CLARA, CA 95054-1813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
—
Cmalt LLC
—
Deed
related
$1,489,000 · Nevada State Development Corporation
Feb 8, 2024
$3,635,500
Cmalt LLC
Kofile Technologies INC
Bargain And Sale Deed
$1,817,750 · Heritage Bank Of Nevada
Jun 25, 2014
$835,000
Kofile Preservation INC
Fw Duvall LLC
Grant Deed
$735,000 · Fw Duvall LLC
Jan 28, 2010
—
Fw Duvall LLC
Duvall A J & S Living Trust
Quit Claim Deed
—
Jul 27, 2004
$1,025,000
Arthur J Duvall
Paragon Properties LLC
Grant Deed
$150,000 · Business Bank Of Nevada
Sep 24, 1999
$155,000
Paragon Properties LLC
James,jean A
Grant Deed
—
Mar 26, 1997
—
Jack L Matthews
James Trust
Quit Claim Deed
related
$350,000 · Pioneer Citizens Bank Nevada
—
—
Paragon Properties LLC
—
Deed Of Trust
related
$529,876 · Nevada State Bank
—
—
Paragon Properties LLC
—
Deed Of Trust
related
$50,000 · Nevada State 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.
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