Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2241 Park Pl E E Ste Minden, NV 89423-8616
    Property profile & analytics

    2241 Park Pl E E Ste Minden, NV 89423-8616

    View on Map
    • Industrial properties
    • 5,004 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Mar 30, 2021
    $415,000
    Property ID
    US62-0909063
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sierra Safety Technology Inc / Industrial Manufacturer / Production Facility
    • Chemeon Surface Technology / Chemical Plant
    • Sierra Flame Technology Corporation / Industrial Manufacturer / Production Facility
    • Five Creek Water Co / Big Box & Wholesale Store
    • LIMA3 Systems, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 2241 Park Pl E E Ste

    Year built
    1995
    Lot size
    0.06 lot acres
    Property size
    5,004 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    1320-08-413-006
    APU
    132008413006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Minden
    County
    Douglas
    State
    Nevada
    Longitude
    -119.763
    Latitude
    39.0008
    CBSA code
    23820
    CBSA name
    GARDNERVILLE RANCHOS, NV MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,498
    $6,650
    $167,476
    $174,126
    -
    $19,000
    $478,503
    $497,503

    Comparable in this City

    • Value Estimation by Request
      1,580 SF

      2562 Silver State Pkwyd2

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,580 SF
      2562 Silver State Pkwyd2, Minden, NV 89423-8936
      View Details
    • Value Estimation by Request
      1,580 SF

      2562 Silver State Pkwy Ste D1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,580 SF
      2562 Silver State Pkwy Ste D1, Minden, NV 89423-8937
      View Details
    • Value Estimation by Request
      1,580 SF

      2562 Silver State Pkwy E E Ste

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,580 SF
      2562 Silver State Pkwy E E Ste, Minden, NV 89423-8937
      View Details
    • Value Estimation by Request
      1,580 SF

      2562 Silver State Pkwy Ste B

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,580 SF
      2562 Silver State Pkwy Ste B, Minden, NV 89423-8937
      View Details
    • Value Estimation by Request
      2,500 SF

      2436 Precision Dr, Unit 3

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,500 SF
      2436 Precision Dr, Minden, NV 89423-8988
      View Details
    • Value Estimation by Request
      2,500 SF

      2436 Precision Dr, Unit 5

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,500 SF
      2436 Precision Dr, Minden, NV 89423-8988
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,013 SF

      Thriving Business on Prime Land

      Established business for sale on 38+ acres with diverse revenue.
      2181 Us 395N, Minden, NV 89423
      View Details
    • Contact for pricing

      Minden Industrial Portfolio For Sale

      Industrial portfolio in premier location near Carson City and Reno.
      2561 Business Pkwy, Minden, NV 89423
      View Details
    • $4,252,000
      1,050 SF

      Versatile Commercial and Agricultural Land

      24.6 acres with commercial, agricultural zoning, and highway frontage.
      1597 Us Highway 395, Minden, NV 89423
      View Details
    • Contact for pricing
      38,600 SF

      New Industrial Building in Minden

      38,600 SF industrial building in Minden, Nevada for sale.
      2392 Precision Dr, Minden, NV 89423
      View Details
    • Contact for pricing
      3,485 SF

      Industrial Condo in Meridian Business Park

      Industrial condo for sale near Minden airport with highway access.
      2248 Meridian Blvd, Minden, NV 89423
      View Details
    • Contact for pricing
      14,400 SF

      Minden Industrial Buildings For Sale

      Three industrial buildings totaling 14,400 SF on 2.48 acres.
      2530 Nowlin Rd, Minden, NV 89423
      View Details

    Similar Nearby for Lease

    • $1.10 SF/Yr
      55,000 SF

      Industrial Space in Meridian Business Park

      Industrial property available for lease in Meridian Business Park.
      2231 Meridian Blvd, Minden, NV 89423
      View Details
    • $1.15 SF/Yr
      2,500 SF

      Minden Flex/Industrial Space Available

      Light industrial spaces for lease in Minden, Nevada.
      2436 Precision Dr, Minden, NV 89423
      View Details
    • Contact for pricing

      Retail Strip Center in Minden

      Retail strip center with high visibility and ample parking.
      1685 Us Highway 395, Minden, NV 89423
      View Details
    • $1.68 SF/Yr
      1,900 SF

      Office Space Available For Rent

      Office space available for lease in Minden, Nevada.
      1621 Us Highway 395 N, Minden, NV 89423
      View Details
    • $1.45 SF/Yr
      3,472 SF

      Minden Retail or Office Space

      3,472 SF retail or office space available for lease.
      1663 Us Highway 395 N, Minden, NV 89423
      View Details
    • $1.00 SF/Yr
      2,410 SF

      Retail Space Near Highway 395

      Retail property near highway with high traffic and nearby amenities.
      1685 U.S Us Highway 395 N, Minden, NV 89423
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2241 Park Pl E E Ste
    Minden, NV 89423-8616
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2241 Park Pl E E Ste, Minden, NV, 89423
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!