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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Hotels
3103 Carson St Carson City, NV 89706-0154
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0374079
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1991
Total area
19,456 SF
Lot
1.28 ac (55,757 SF)
Zoning code
RC
APN
002-011-30
UPID
US62-0374079
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
-
Days Inn by Wyndham Carson City Hotel & Motel
-
MS Dixie Cruise Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$750k
Owner & transaction history
Parmer Hospitality Lclc · 1 yrs held
Parmer Hospitality Lclc
since 2025
7 recorded transactions
Zoning & alternative use
RC · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+11.3%
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
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,070,000
Current use
COMMERCIAL (GENERAL)
$1,195,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$1,050,000
Change: -2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$860,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10%
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
$39 / 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
$22,928
Tax year 2024
Assessed value
$727,177
Assessed 2024
Previous assessed
$627,242
+15.9% YoY
Effective rate
3.15%
On assessed value
Assessed land
$260,227
Assessed improvement
$466,950
Land market value
$743,507
Improvement market value
$1,334,144
Total market value
$2,077,651
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1991
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Bathrooms
3
Total area
19,456 SF
Lot
1.28 ac (55,757 SF)
Zoning code
RC
APN
002-011-30
UPID
US62-0374079
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
HOTEL/MOTEL Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$860,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (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
1991
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
3
Lot
1.28 ac
Current owner
From public records · entity-resolved
Parmer Hospitality Lclc
Individual
Mailing address
2272 MARY CLARE ST, CORONA, CA 92882-6972
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2025
—
Parmer Hospitality Lclc
Sai Krishna Corporation
Deed
related
—
Dec 31, 2024
$3,900,000
Parmar Hospitality LLC
Sai Krishna Corporation
Bargain & Sale Deed
$3,200,000 · Open Bank
Sep 20, 2017
—
Sai Krishna Corp
—
Deed
related
$2,000,000 · State Bk/india
Jan 31, 2013
$965,000
Sai Krishna Corp
Oceanic Gardnerville LLC
Grant Deed
$482,500 · Bbu Bank
Jun 28, 2012
$900,000
Oceanic Gardnerville LLC
Westmark Partners LP
Grant Deed
$450,000 · Silvergate Bank
Jan 12, 2012
$559,465
Partners LP Westmark
Fidelity Natl Title Ins
Trustees Deed
related
—
—
—
Damodar Motel Partners LLC
—
Deed Of Trust
related
$1,000,000 · Us Bank NA
—
—
Sai Krishna Corp
—
Deed Of Trust
related
$482,500 · Bbu Bank
—
—
Days Inn-carson City
—
Deed Of Trust
related
$685,000 · Zions First National Bank
—
—
Sai Krishna Corp
—
Deed Of Trust
related
$1,925,000 · Commercial Bk/ca
—
—
Damodar Motel Partners LLC
—
Deed Of Trust
related
$200,000 · Individual
—
—
Sai Krishna Corp
—
Deed Of Trust
related
$2,000,000 · State Bk/india
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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