New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,615,000
Apartment buildings
2710 Menlo Dr, Carson City, NV 89701-3323
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0423986
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Total area
28,474 SF
Lot
1.6 ac (69,696 SF)
Zoning code
MFA
APN
008-321-07
UPID
US62-0423986
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
$11.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.62M
Owner & transaction history
Royal Carson LLC · 4 yrs held
Royal Carson LLC
since 2021
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
MFA · Carson City, NV
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 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
$11,910,000
ML approach
$11,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.62M
Range $9.55M – $11.68M · ±10% · vs last sale $9.50M (Dec 21 2021)
Last sale anchor
$9.50M
Dec 21 2021
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
$373 / 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
$25,923
Tax year 2024
Assessed value
$827,490
Assessed 2024
Previous assessed
$711,600
+16.3% YoY
Effective rate
3.13%
On assessed value
Assessed land
$390,298
Assessed improvement
$437,192
Land market value
$1,115,136
Improvement market value
$1,249,121
Total market value
$2,364,257
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1974
Heating
BASEBOARD
Buildings
2
Stories
2
Bathrooms
2
Total area
28,474 SF
Lot
1.6 ac (69,696 SF)
Zoning code
MFA
APN
008-321-07
UPID
US62-0423986
Jurisdiction
CARSON CITY
Zoning & alternative use
MFA · Carson City, NV
Zoning MFA · permitted uses
MFA · 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.
Building & site characteristics
From public records
Year built
1974
Heating
BASEBOARD
Stories
2
Buildings
2
Bathrooms
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Royal Carson LLC
Entity
Mailing address
3945 CAMINO DEL RIO S FL #2, SAN DIEGO, CA 92108-9600
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2021
$9,500,000
Royal Carson LLC
H&m Royal LLC
Bargain And Sale Deed
$7,323,000 · First Northmarq Capital Finance LLC
Sep 12, 2018
—
H & Mroyal LLC
Nefas,rymas S
Grant Deed
—
Aug 10, 2018
$5,175,000
H & M Royal LLC
Rymas S Nefas
Grant Deed
$3,650,000 · Thrivent FCU
Sep 7, 2012
$1,850,000
Rymas S Nefas
Purdon Ents-nevada LLC
Grant Deed
$1,000,000 · First Independent Bank
Dec 30, 1996
—
Purdon Enterprises-nevada
Purdon,ruth C
Quit Claim Deed
related
—
Jan 10, 1996
—
Miller Trust
Purdon,ruth C
Grant Deed
related
—
—
—
Purdon Enterprises Nevada LLC
—
Deed Of Trust
related
$850,000 · Hsa/wexford Bancgroup LLC
—
—
Purdon Enterprises-nevada LLC
—
Deed Of Trust
related
$755,000 · Union Bank Of California
—
—
H & M Royal LLC
—
Loan Modification
related
$3,975,232 · Thrivent FCU
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2710 Menlo Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
