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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2999 Akron Way Carson City, NV 89701-1472

    • Industrial properties
    • 5,171 SF
    • 3.85 lot acres
    OFF-MARKET
    Value Estimations
    $305,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US62-0395267
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 2999 Akron Way

    Year built
    1972
    Lot size
    3.85 lot acres
    Property size
    5,171 SF
    Zone code
    GI
    Property type
    Industrial properties
    APN
    008-371-51
    APU
    837151

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $315,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $295,000
      Market price range: $30.5k - $790k
      AI Estimate
      $248,000
      Market price range: $153k - $640k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $430,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Carson City
    County
    Carson City
    State
    Nevada
    Longitude
    -119.705
    Latitude
    39.1864
    CBSA code
    16180
    CBSA name
    CARSON CITY, NV METROPOLITAN 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
    $3,973
    $132,069
    $1,811
    $133,880
    -
    $377,339
    $5,175
    $382,514

    Comparable in this City

    • Value Estimation
      $285,000
      0.66 Acres

      Deer Run Rd

      INDUSTRIAL (GENERAL) • 0.66 Acres
      Deer Run Rd, Carson City, NV 89701
      View Details
    • Value Estimation
      $305,000
      6,300 SF

      3223 Deer Run Rd

      INDUSTRIAL (GENERAL) • 6,300 SF
      3223 Deer Run Rd, Carson City, NV 89701-1452
      View Details
    • Value Estimation
      $1,225,000
      113,081 SF

      2025 Kansas St

      INDUSTRIAL (GENERAL) • 113,081 SF
      2025 Kansas St, Carson City, NV 89701-7570
      View Details
    • Value Estimation
      $210,000
      3,384 SF

      3051 Deer Run Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,384 SF
      3051 Deer Run Rd, Carson City, NV 89701-1408
      View Details
    • Value Estimation
      $670,000
      28,879 SF

      3915 Fairview Dr

      INDUSTRIAL (GENERAL) • 28,879 SF
      3915 Fairview Dr, Carson City, NV 89701-5174
      View Details
    • Value Estimation
      $770,000
      23,040 SF

      5801 Sheep Dr

      INDUSTRIAL (GENERAL) • 23,040 SF
      5801 Sheep Dr, Carson City, NV 89701-2404
      View Details

    Similar Nearby for Sale

    • $1,735,000
      9,000 SF

      Carson City Industrial Property

      9,000 SF industrial property available for purchase in Carson City.
      5576 Bighorn Dr, Carson City, NV 89701
      View Details
    • $1,835,000
      9,000 SF

      Carson City Flex Space - $1.8M

      9,000 SF Flex Building, Excellent Location
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    • $2,250,000
      15,460 SF

      Carson City Flex Space Investment

      15,460 SF Flex Space, Highway 50 Frontage
      5951 Us Highway 50, Carson City, NV 89701
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    • $4,500,000
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      Carson City Industrial Flex Space

      Multi-tenant industrial building, great investment.
      3915 Fairview Dr, Carson City, NV 89701
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    • $1,475,000
      7,800 SF

      Highway 50 Industrial Property

      Industrial property on Highway 50 with multiple buildings.
      3620 Us Highway 50 E, Carson City, NV 89701
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    • $2,900,000
      15,240 SF

      Carson City Warehouse For Sale

      15,240 SF warehouse/industrial property in Carson City, Nevada.
      3028-3030 N Deer Run Rd, Carson City, NV 89701
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      3,600 SF

      Carson City Warehouse Space Available

      Industrial warehouse space for lease in Carson City, Nevada.
      1991 E William St, Carson City, NV 89701
      View Details
    • $1.25 SF/Yr
      6,200 SF

      Carson City Retail/Warehouse Space

      Retail and warehouse space available for lease in Carson City.
      445 Fairview Dr, Carson City, NV 89701
      View Details
    • $0.85 SF/Yr
      6,000 SF

      Industrial Warehouse Space Available

      6,000 SF warehouse space available for lease.
      5250 Us Highway 50 E, Carson City, NV 89701
      View Details
    • $0.85 SF/Yr
      1,605 SF

      Highway 50 Industrial Warehouse Space

      Industrial warehouse space with ample parking and secured gate access.
      5220 Us Highway 50 E, Carson City, NV 89701
      View Details
    • $10 SF/Yr
      28,879 SF

      Carson City Industrial Warehouse

      Three suites, 28,879 SF available.
      3915 Fairview Dr, Carson City, NV 89701
      View Details
    • $12 SF/Yr
      5,500 SF

      Carson City Warehouse - 5,500 SF

      Single-tenant industrial warehouse in Carson City.
      3909 Fairview Dr, Carson City, NV 89701
      View Details
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    2999 Akron Way
    Carson City, NV 89701-1472
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    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
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