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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Industrial properties
2301 Lockheed Way Carson City, NV 89706-0715
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0077317
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1974
Total area
18,160 SF
Lot
1.81 ac (78,844 SF)
Zoning code
AIP
APN
005-061-11
UPID
US62-0077317
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
-
PCC Structurals Machine Shop Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.28M
Owner & transaction history
Shoen,paul F Trust · 5 yrs held
Shoen,paul F Trust
since 2020
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
AIP · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+23.5%
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
$1,560,000
ML approach
$1,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,455,000
Current use
COMMERCIAL (GENERAL)
$1,795,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.11M (Nov 18 2020)
Last sale anchor
$1.11M
Nov 18 2020
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
$70 / 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
$9,270
Tax year 2024
Assessed value
$287,535
Assessed 2024
Previous assessed
$250,681
+14.7% YoY
Effective rate
3.22%
On assessed value
Assessed land
$137,975
Assessed improvement
$149,560
Land market value
$394,215
Improvement market value
$427,313
Total market value
$821,528
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
1974
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Bathrooms
4
Total area
18,160 SF
Lot
1.81 ac (78,844 SF)
Zoning code
AIP
APN
005-061-11
UPID
US62-0077317
Jurisdiction
CARSON CITY
Zoning & alternative use
AIP · Carson City, NV
Zoning AIP · permitted uses
AIP · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1974
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.81 ac
Current owner
From public records · entity-resolved
Shoen,paul F Trust
Trust
Mailing address
1335 OLD FOOTHILL RD S, GARDNERVILLE, NV 89460-6226
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2020
$1,112,004
Shoen,paul F Trust
Education P L S 1998 Trust
Grant Deed
—
Jun 19, 2013
—
Shoen,paxton L 1998 Trust
Shoen Paul F Trust
Quit Claim Deed
related
—
Oct 6, 2006
—
Shoen Paul F Trust
Shoen,paul F
Quit Claim Deed
related
—
Jul 20, 1999
$650,000
Paul F Shoen
Dabbs,james E
Grant Deed
$488,000 · First Security Bank Nevada
Jun 15, 1995
—
James E Dabbs
Dabbs,james E & Linda
Quit Claim Deed
related
$400,000 · Sanwa Bank California
—
—
Shoen,paxton L 1998 Trust
—
Deed Of Trust
related
$287,000 · Wells Fargo Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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