Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3656 Research Way Carson City, NV 89706-1427
    Back to Search
    Property profile & analytics

    3656 Research Way Carson City, NV 89706-1427

    View on Map
    • Commercial real estate
    • 8,578 SF
    • 0.48 lot acres
    Off-Market
    Last Sale Mar 29, 2024
    Property ID
    US62-0361194
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Far Western / Research Institute
    • Bighorn Glass & Window / Hardware & Home Improvement / Interior Design

    Property Details for 3656 Research Way

    Year built
    1988
    Lot size
    0.48 lot acres
    Property size
    8,578 SF
    Zone code
    LI
    Property type
    Commercial real estate
    APN
    008-125-06
    APU
    812506

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Carson City
    County
    Carson City
    State
    Nevada
    Longitude
    -119.752
    Latitude
    39.1916
    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
    $5,499
    $87,817
    $123,257
    $211,074
    -
    $250,906
    $352,164
    $603,070

    Comparable in this City

    • Value Estimation by Request
      3.91 Acres

      Dayton Vly Rd

      COMMON AREA (COMMERCIAL) • 3.91 Acres
      Dayton Vly Rd, Mound House, NV 89706
      View Details
    • Value Estimation by Request
      10,893 SF

      2600 College Pkwyh39

      COMMERCIAL (GENERAL) • 10,893 SF
      2600 College Pkwyh39, Carson City, NV 89706-0777
      View Details
    • Value Estimation
      $1,305,000
      44,064 SF

      2600 College Pkwyh29

      COMMERCIAL (GENERAL) • 44,064 SF
      2600 College Pkwyh29, Carson City, NV 89706-0777
      View Details
    • Value Estimation by Request
      11,286 SF

      2600 College Pkwyt20

      COMMERCIAL (GENERAL) • 11,286 SF
      2600 College Pkwyt20, Carson City, NV 89706-0777
      View Details
    • Value Estimation by Request
      15,077 SF

      2600 College Pkwyh47

      COMMERCIAL (GENERAL) • 15,077 SF
      2600 College Pkwyh47, Carson City, NV 89706-0777
      View Details
    • Value Estimation by Request
      10,893 SF

      2600 College Pkwyh35

      COMMERCIAL (GENERAL) • 10,893 SF
      2600 College Pkwyh35, Carson City, NV 89706-0777
      View Details

    Similar Nearby for Sale

    • $1,400,000
      7,000 SF

      Remodeled Retail Center on Highway

      Turnkey commercial retail center on a busy corridor.
      4750 S 50, Carson City, NV 89706
      View Details
    • Contact for pricing
      Pending

      Mound House Land with Building

      28.23 AC land with 4,320 SF metal building.
      65 Newman Ln, Mound House, NV 89706
      View Details
    • Contact for pricing

      Tourist Commercial Land For Sale

      Commercial land available on Old Hot Springs Road, Carson City.
      1300 Old Hot Springs Rd, Carson City, NV 89706
      View Details
    • Contact for pricing
      26,345 SF

      Carson City Industrial Property For Sale

      26,345 SF industrial property on 1.46 AC parcel.
      3500 Arrowhead Dr, Carson City, NV 89706
      View Details
    • $4,480,000
      2.59 Acres

      Carson City Industrial Property

      24,750 SF Warehouse, $4.48M
      2800 Arrowhead Dr, Carson City, NV 89706
      View Details
    • $1,500,000
      0.96 Acres

      Moundhouse Commercial Investment Opportunity

      Tenant-occupied commercial property near Carson City, Dayton, and Reno.
      10023 Us Highway 50, Mound House, NV 89706
      View Details

    Similar Nearby for Lease

    • $504 /Mo

      Office Unit with Signage Opportunity

      Office unit with open layout, private restroom, and signage.
      213 Sage St, Carson City, NV 89706
      View Details
    • $1.35 SF/Yr
      225 SF

      Carson City Office Space Available

      Office space for rent with utilities included and no CAM.
      1501 N Carson St, Carson City, NV 89706
      View Details
    • $4 SF/Yr
      21,535 SF

      Retail Space in Carson City

      Retail space available in shopping center anchored by major retailers.
      3300 Market St, Carson City, NV 89706
      View Details
    • $0.85 SF/Yr
      5,525 SF

      Mound House Industrial Warehouse Buildings

      Two industrial buildings totaling 11,050 SF in Mound House, NV.
      92 Industrial Pkwy, Mound House, NV 89706
      View Details
    • Contact for pricing
      671 SF

      Retail Space in Northgate Plaza

      Retail suites available in Carson City, Nevada from 671-2,926 SF.
      2589 N Carson St, Carson City, NV 89706
      View Details
    • $1.50 SF/Yr

      Prime Office Space in Carson

      Convenient office space near US 395 and Reno-Tahoe Airport.
      1717 East College Pkwy, Carson City, NV 89706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3656 Research Way
    Carson City, NV 89706-1427
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3656 Research Way, Carson City, NV, 89706
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!