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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Commercial real estate
1669 Lucerne St Minden, NV 89423-4367
Individually Owned
Free & Clear
Property ID
US62-0908295
Property summary
AI-generated overview
This 4,815-square-foot commercial building, constructed in 2005, presents a compelling investment opportunity in Minden, Nevada. Located on a highly visible corner, the property is zoned for Commercial General use and offers significant flexibility. The building comprises three separate suites: Suite A, exceeding 2,000 square feet, boasts upgraded professional finishes
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
4,815 SF
Lot
0.12 ac (5,227 SF)
APN
1320-30-714-012
UPID
US62-0908295
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
-
J M Clouser & Associates Law Firm
-
Lincare Production Facility
-
Qualcon Contractors Inc Construction Company General Contractor
-
Minden Village Business Service Center Corporate Office
-
Realty Executives Nevada's Choice Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$505k
Owner & transaction history
Washoe Barton Medical Clinic
Washoe Barton Medical Clinic
since 2026
7 recorded transactions
Zoning & alternative use
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 Minden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Minden 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
by Request
ML approach
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$105 / 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
$11,550
Tax year 2024
Assessed value
$345,933
Assessed 2024
Previous assessed
$319,817
+8.2% YoY
Effective rate
3.34%
On assessed value
Assessed land
$30,450
Assessed improvement
$315,483
Land market value
$87,000
Improvement market value
$901,380
Total market value
$988,380
Applied tax rate
510.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
4,815 SF
Lot
0.12 ac (5,227 SF)
APN
1320-30-714-012
UPID
US62-0908295
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Washoe Barton Medical Clinic
Individual
Free & Clear · 0 yrs held
Mailing address
295 COLD SPGS RD, ANGWIN, CA 94508-9686
Ownership since
2026
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
Mar 12, 2026
$895,000
Washoe Barton Medical Clinic
The Emerald Revocable Trust
Bargain & Sale Deed
—
Mar 15, 2024
—
Dixie Firman
Douglas County
Quit Claim Deed
related
—
Jun 6, 2023
—
Douglas County
Douglas County
Intrafamily Transfer
related
—
Nov 4, 2016
—
Firman,dixie Trust
Green Leaf I LLC
Quit Claim Deed
related
—
Jul 17, 2007
—
Green Leaf I LLC
Emerald Trust
Grant Deed
—
Mar 10, 2005
—
Dixie M Firman
Firman,lawrence S
Quit Claim Deed
related
$390,800 · K&s Properties
Mar 10, 2005
$991,000
Dixie M Firman
K & S Properties
Grant Deed
—
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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