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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
302 William St Carson City, NV 89701-4029
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0403025
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1989
Total area
4,070 SF
Lot
0.21 ac (9,148 SF)
Zoning code
RC
APN
002-156-05
UPID
US62-0403025
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
-
Valley Realty and Management Real Estate Agency
-
Krisha Caraway Realtor - Valley Realty and Management Real Estate Agency
-
Marisa Stewart Real Estate Real Estate Agency
-
Kellie Roberts - Valley Realty & Management Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$595k
Owner & transaction history
Wram Properties LLC · 5 yrs held
Wram Properties LLC
since 2021
Last sale
$537,000
5 recorded transactions
Zoning & alternative use
RC · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$900,000
+13.0%
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
$675,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$795,000
Current use
COMMERCIAL (GENERAL)
$900,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $537k (Mar 30 2021)
Last sale anchor
$537k
Mar 30 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
$146 / 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
$5,071
Tax year 2024
Assessed value
$142,646
Assessed 2024
Previous assessed
$131,476
+8.5% YoY
Effective rate
3.55%
On assessed value
Assessed land
$36,981
Assessed improvement
$105,665
Land market value
$105,659
Improvement market value
$301,900
Total market value
$407,559
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1989
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
4,070 SF
Lot
0.21 ac (9,148 SF)
Zoning code
RC
APN
002-156-05
UPID
US62-0403025
Jurisdiction
CARSON CITY
Zoning & alternative use
RC · Carson City, NV
Zoning RC · permitted uses
RC · 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
OFFICE BUILDING Current
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$900,000
OFFICE BUILDING 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
1989
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Wram Properties LLC
Entity
Mailing address
302 E WILLIAM ST, CARSON CITY, NV 89701-4029
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
—
Vram Properties LLC
—
Deed
related
$238,000 · Nevada State Development Corp
Mar 30, 2021
$537,000
Wram Properties LLC
Bernard Ponte JR
Bargain And Sale Deed
$290,000 · Plumas Bank
Mar 30, 2021
—
Vram Properties LLC
—
Deed
related
$232,000 · Plumas Bank
Oct 3, 2018
—
Ponte Bernard JR.
Ponte Bernard
Quit Claim Deed
related
—
May 15, 2009
—
Cynthia E Troxel
Ponte,barbara L
Grant 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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