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Property profile & analytics
OFF-MARKET
Office buildings
408 3rd St, Carson City, NV 89703-4240
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-1286622
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1947
Total area
936 SF
Lot
0.06 ac (2,614 SF)
Zoning code
RO
APN
003-122-05
UPID
US62-1286622
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
-
Jaquette Peter B Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Argentum Re LLC · 2 yrs held
Argentum Re LLC
since 2023
Last sale
$285,000
7 recorded transactions
Zoning & alternative use
RO · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,028
Tax year 2024
Assessed value
$31,427
Assessed 2024
Previous assessed
$30,071
+4.5% YoY
Effective rate
3.27%
On assessed value
Assessed land
$18,198
Assessed improvement
$13,229
Land market value
$51,994
Improvement market value
$37,796
Total market value
$89,790
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
1947
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
936 SF
Lot
0.06 ac (2,614 SF)
Zoning code
RO
APN
003-122-05
UPID
US62-1286622
Jurisdiction
CARSON CITY
Zoning & alternative use
RO · Carson City, NV
Zoning RO · permitted uses
RO · 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.
Building & site characteristics
From public records
Year built
1947
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Argentum Re LLC
Entity
Mailing address
6121 LAKESIDE DR STE #208, RENO, NV 89511-8527
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2023
$285,000
Argentum Re LLC
Peter B Jaquette
Bargain And Sale Deed
$213,500 · Mission Valley Bank
Oct 16, 2006
—
Jaquette Mp Trust
Jaquette,peter B & Menna R T
Quit Claim Deed
related
—
Oct 12, 2006
—
Peter B Jaquette
Jaquette Mp Trust
Quit Claim Deed
related
$190,000 · American Brokers Conduit
Feb 1, 2005
—
Jaquette Mp Trust
Jaquette,peter B & Menna
Quit Claim Deed
related
—
Aug 16, 2004
$185,000
Peter B Jaquette
Kynett Trust
Grant Deed
$166,500 · Wells Fargo Bank
Oct 3, 1997
$64,500
Leslie Kynett
Clarke,william
Grant Deed
$45,150 · Wmc Mortgage Corp
—
—
Kynett Trust
—
Deed Of Trust
related
$44,000 · Bank Of America
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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