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Property profile & analytics
OFF-MARKET
Estimated value
$10,715,000
Industrial properties
3689 Arrowhead Dr Carson City, NV 89706-2008
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0475527
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1993
Total area
78,285 SF
Lot
7.15 ac (311,454 SF)
Zoning code
GI
APN
005-053-07
UPID
US62-0475527
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
-
LSP Products Group Inc Factory Production Facility
-
NGP West Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.98M
Blend (final)
Blend
$10.72M
Owner & transaction history
Ngp Arrowhead LLC · 2 yrs held
Ngp Arrowhead LLC
since 2023
Last sale
$10.9M
3 recorded transactions
Zoning & alternative use
GI · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.3M
+144.1%
Commercial (general)
$7.7M
+23.5%
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
$12,405,000
ML approach
$9,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,305,000
Change: +144% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,745,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$10.72M
Range $9.64M – $11.79M · ±10% · vs last sale $10.90M (Jul 21 2023)
Last sale anchor
$10.90M
Jul 21 2023
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
$137 / 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
$63,652
Tax year 2024
Assessed value
$1,905,427
Assessed 2024
Previous assessed
$1,678,668
+13.5% YoY
Effective rate
3.34%
On assessed value
Assessed land
$490,540
Assessed improvement
$1,414,887
Land market value
$1,401,543
Improvement market value
$4,042,535
Total market value
$5,444,078
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1993
Heating
YES
Cooling
YES
Stories
1
Total area
78,285 SF
Lot
7.15 ac (311,454 SF)
Zoning code
GI
APN
005-053-07
UPID
US62-0475527
Jurisdiction
CARSON CITY
Zoning & alternative use
GI · Carson City, NV
Zoning GI · permitted uses
GI · 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
Est. value
$15.3M
COMMERCIAL (GENERAL)
Est. value
$7.7M
OFFICE BUILDING
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
1993
Heating
YES
Cooling
Yes
Stories
1
Lot
7.15 ac
Current owner
From public records · entity-resolved
Ngp Arrowhead LLC
Entity
Mailing address
4985 E RAINES RD, MEMPHIS, TN 38118-7024
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$10,900,000
Ngp Arrowhead LLC
Ppg INC
Bargain And Sale Deed
$6,900,000 · First Horizon Bank
Aug 9, 2006
—
Ppg INC
Lsp Products Group INC
Grant Deed
—
Nov 3, 2005
—
Lsp Products Group INC
Lsp Products Group INC
Quit Claim 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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