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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Commercial real estate
2103 Heybourne Rd Minden, NV 89423
Trust Owned
Free & Clear
Property ID
US62-0909660
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1991
Total area
21,740 SF
Lot
74.1 ac (3,227,796 SF)
APN
1320-08-001-020
UPID
US62-0909660
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
The Carton Family Trust
The Carton Family Trust
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$60 / 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
Assessed value
$984,820
Assessed 2024
Previous assessed
$916,449
+7.5% YoY
Assessed land
$196,000
Assessed improvement
$788,820
Land market value
$560,000
Improvement market value
$2,253,771
Total market value
$2,813,771
Applied tax rate
500.0000
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
1991
Heating
NONE
Stories
1
Total area
21,740 SF
Lot
74.1 ac (3,227,796 SF)
APN
1320-08-001-020
UPID
US62-0909660
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
1991
Heating
NONE
Stories
1
Lot
74.1 ac
Current owner
From public records · entity-resolved
The Carton Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
PO BOX 218, MINDEN, NV 89423-0218
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
62 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2026
—
The Carton Family Trust
J Michael Catron
Deed
related
—
Nov 14, 2025
—
Taxlway F16 LLC
Cavu Nv LLC
Bargain & Sale Deed
—
Oct 3, 2025
—
Black Dog Enterprises LLC Kmev Seri
Black Dog Kmev LLC
Grant Deed
—
Sep 10, 2025
—
Black Dog Kmev LLC
Black Dog Leasing LLC
Deed
related
—
Aug 18, 2025
—
Blakc Dog Kmev LLC
Black Dog Leasing LLC
Bargain & Sale Deed
—
Aug 14, 2025
—
Ruppel Family Trust
Michael Brown
Deed
—
Jul 25, 2025
—
James D Dingess And Pamela S Adams
Lake Tahoe Properties INC
Bargain & Sale Deed
—
Apr 30, 2025
—
Blak Dog Kmev LLC
Jcm Holdings LLC
Bargain & Sale Deed
—
Mar 28, 2025
—
James Dennis Yemons
Dennis M Vest
Deed
related
—
Mar 17, 2025
—
Ra Sees All LLC
Charles D Robbins
Bargain & Sale Deed
—
Jan 24, 2025
—
Francis R Losey
Jcm Holdings LLC
Bargain & Sale Deed
—
Nov 22, 2024
—
Peter Benjamin Reese
John S Hodgson
Bargain & Sale Deed
—
Oct 31, 2024
—
Casey J Ross
—
Deed
related
$600,000 · Jns Holdings LLC
Oct 29, 2024
—
Turbine Flying Penguins LLC
Verity Energy LLC
Bargain & Sale Deed
—
Oct 11, 2024
—
Icarus 5280 Soaring LLC
Jeffrey B Terai
Bargain & Sale Deed
—
Oct 1, 2024
$340,000
David J Olson
6x LLC
Bargain & Sale Deed
—
Sep 19, 2024
—
Howard W Wolvington
Sharp Minden Hangers LLC
Bargain & Sale Deed
—
Aug 7, 2024
—
Gr8daynevada LLC
Analisa Wulfsberg
Bargain & Sale Deed
$190,000 · Analisa Wulesberg
May 30, 2024
—
Neil D Otto
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
May 3, 2024
—
Gr8daynevacia LLC
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Mar 8, 2024
—
Aki Nyrhinen
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Feb 9, 2024
—
Gr8daynevada LLC
Talon Aviation LLC
Bargain & Sale Deed
—
Jan 16, 2024
—
El Hangar LLC
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 10, 2024
—
Zdan Deran
Ulbio Doma
Bargain & Sale Deed
—
Jan 5, 2024
$179,900
Weekend Air LLC Series D
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 5, 2024
$159,900
Haldopolous Aviation LLC
Sharp Minden Hangers LLC
Bargain & Sale Deed
—
Jan 2, 2024
$154,900
Devin Ebright
Sharp Minden Hangars LLC
Bargain & Sale Deed
$77,450 · Sharp Minden Hangars LLC
Jan 2, 2024
—
Ebright Incorporated
Devin Ebright
Deed
related
—
Dec 29, 2023
—
Gary B Anderson
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Aug 31, 2023
—
Charles D Robbins
Decathlon Hangar LLC
Bargain & Sale Deed
$105,000 · Decathlon Hangar LLC
Jul 7, 2023
—
Carl J Kennedy JR
John S Hodgson
Bargain & Sale Deed
—
Jun 15, 2023
—
Thagair LLC
Tri Silver LLC
Bargain & Sale Deed
$65,000 · Tri Silver LLC
May 30, 2023
—
William Bradley Spires
William B Spires
Deed
related
—
Apr 10, 2023
—
John S Hodgson
Tri Silver LLC
Bargain & Sale Deed
—
Mar 17, 2023
$569,000
Barrakuda Limited
Holly Lepire
Bargain & Sale Deed
—
Feb 22, 2023
—
Under Control INC
Jcb Holdings LLC
Bargain & Sale Deed
—
Jan 30, 2023
$150,000
Kenneth C Budd
Gil Shoham
Bargain & Sale Deed
—
Jan 20, 2023
—
Fs II INC
Kmev Hanger E16 Series Of Pax Desig
Bargain & Sale Deed
—
Oct 25, 2022
—
Charlie Fecteau
Charlie Fecteau
Deed
related
—
Oct 19, 2022
—
Lake Tahoe Properties INC
Tri Silver LLC
Bargain & Sale Deed
—
Sep 30, 2022
—
Henry R Butler
Tri Silver LLC
Bargain & Sale Deed
—
Sep 30, 2022
$162,000
Charlie Fecteau
Tri Silver LLC
Bargain & Sale Deed
—
Jul 25, 2022
$35,000
William B Spires
Wild Goose Limited Partnership
Bargain & Sale Deed
—
Jul 5, 2022
$450,000
Hangar C 2319 P51 Series Of Pax Des
Jcm Holdings LLC
Bargain & Sale Deed
—
Jun 17, 2022
$160,000
87 Enterprises LLC
Tri Silver LLC
Bargain & Sale Deed
—
Jun 1, 2022
$170,000
Daniel G Kruger
Donald E Bobo JR
Bargain & Sale Deed
—
May 5, 2022
—
Bellabear LLC
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Feb 28, 2022
$110,000
Robert Albrecq
Kelly Rosser
Bargain & Sale Deed
—
Jan 25, 2022
—
Gil Shoham
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 25, 2022
$155,000
Dennis L Ivans
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 12, 2022
$117,500
Jeffrey B Terai
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 11, 2022
$117,500
Zaphyrus Flyers LLC
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 5, 2022
$117,500
Michael Brown
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Jan 5, 2022
$140,000
Donald E Bobo JR
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Dec 30, 2021
$117,500
David A Call
Sharp Minden Hangars LLC
Bargain & Sale Deed
—
Dec 29, 2021
$46,350
William B Spires
Minden Hangards LLC
Bargain & Sale Deed
—
Jun 7, 2021
—
Jcm Holdings LLC
Andre Kolos Cameron
Bargain & Sale Deed
—
Feb 12, 2021
$325,000
Lloyd H Marcum
Lehmann Holdings LLC
Bargain & Sale Deed
—
Mar 2, 2020
—
Gangsaas-correa Living Trust
Stunad LLC-aviation Series
Grant Deed
related
—
Aug 23, 2019
$440,000
Gary N Lttner
H & H Aircraft LLC
Grant Deed
—
Jul 19, 2017
—
Douglas County
Douglas County Minden Tahoe
Quit Claim Deed
related
—
Jan 18, 2017
—
Minden-tahoe Aviation Ltd
Sierra Skyport Ltd
Quit Claim Deed
related
—
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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