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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Industrial properties
5001 Convair Dr Carson City, NV 89706-0485
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0379668
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Total area
4,520 SF
Lot
0.49 ac (21,562 SF)
Zoning code
LI
APN
008-816-66
UPID
US62-0379668
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$775k
Owner & transaction history
C321 LLC · 5 yrs held
C321 LLC
since 2021
Last sale
$740,000
7 recorded transactions
Zoning & alternative use
LI · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$885,000
+144.1%
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
$930,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$885,000
Change: +144% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $740k (Jun 1 2021)
Last sale anchor
$740k
Jun 1 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
$171 / 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
$3,656
Tax year 2024
Assessed value
$109,659
Assessed 2024
Previous assessed
$96,630
+13.5% YoY
Effective rate
3.33%
On assessed value
Assessed land
$41,540
Assessed improvement
$68,119
Land market value
$118,685
Improvement market value
$194,627
Total market value
$313,312
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
1986
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
4,520 SF
Lot
0.49 ac (21,562 SF)
Zoning code
LI
APN
008-816-66
UPID
US62-0379668
Jurisdiction
CARSON CITY
Zoning & alternative use
LI · Carson City, NV
Zoning LI · permitted uses
LI · 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
$885,000
OFFICE BUILDING
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
1986
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
C321 LLC
Entity
Mailing address
PO BOX 21992, CARSON CITY, NV 89721-1992
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
$740,000
C321 LLC
Marc A Prause
Bargain And Sale Deed
$665,000 · Harvest Small Business Finance LLC
Jan 2, 2020
—
Marc Prause
—
Deed
related
$198,000 · Nevada St Dev
Dec 19, 2019
$475,000
Marc A Prause
J Wilcox LLC
Grant Deed
$190,000 · Heritage Bk/nv
Dec 17, 2018
—
J Wilcox LLC
Sables LLC|grinders Switch Trust Ce
Trustees Deed
related
—
Oct 28, 1998
$225,000
Gary L Sturdevant
Sturdevant Trust
Grant Deed
related
$175,000 · Sierrawest Bank
Apr 10, 1997
$225,000
Sturdevant Trust
Noble Trust
Grant Deed
—
—
—
Marc Prause
—
Deed Of Trust
related
$198,000 · Nevada St Dev
—
—
Marc Prause
—
Deed Of Trust
related
$237,500 · Heritage Bk/nv
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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