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Property profile & analytics
OFF-MARKET
Commercial real estate

1842 College Pkwy Carson City, NV 89706

0.96 ac lot
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US62-0414329
Property summary
AI-generated overview

This exceptional 0.962-acre industrial land parcel, located at 1842 E College Pkwy, Carson City, NV 89706 (APN 008-921-07), presents a unique investment opportunity. Zoned Limited Industrial (LI), this property offers the broadest manufacturing zoning allowances. Its strategic location provides easy access to Highways 395 and 80, ensuring excellent connectivity. The site boasts all utilities already in place, simplifying development. Carson City, Nevada's state capital, is known for its business-friendly environment and high quality of life, further enhanced by proximity to Lake Tahoe. The property is surrounded by established businesses, including Alliance Bank, Sonic Drive-In, Comstock Casino, Nevada State Bank, and various state government agencies. A new state-of-the-art medical office building by Carson Medical Group is under construction nearby. This land is ideal for build-to-suit projects or immediate development, capitalizing on Nevada's favorable tax climate (no income tax) and the area's thriving economy. The asking price is $545,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.96 ac (41,905 SF)
Zoning code LI
APN 008-921-07
UPID US62-0414329
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
  • Darius & Sons Electricians Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
North Shore Nv LLC · 6 yrs held
North Shore Nv LLC
since 2019
Last sale
$172,500
3 recorded transactions
2019
$172,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LI · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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