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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
505 Telegraph St Carson City, NV 89703
Trust Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0356528
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1939
Total area
3,620 SF
Lot
0.46 ac (20,038 SF)
Zoning code
RO
APN
003-192-23
UPID
US62-0356528
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
-
The Hope Academy High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$600k
Owner & transaction history
Scott Living Trust · 13 yrs held
Scott Living Trust
since 2013
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$166 / 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
$7,183
Tax year 2024
Assessed value
$201,150
Assessed 2024
Previous assessed
$193,361
+4.0% YoY
Effective rate
3.57%
On assessed value
Assessed land
$117,821
Assessed improvement
$83,329
Land market value
$336,632
Improvement market value
$238,084
Total market value
$574,716
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
1939
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Bathrooms
3
Total area
3,620 SF
Lot
0.46 ac (20,038 SF)
Zoning code
RO
APN
003-192-23
UPID
US62-0356528
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
1939
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
Scott Living Trust
Trust
Free & Clear · 13 yrs held
Mailing address
340 N MINNESOTA ST, CARSON CITY, NV 89703-4152
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2013
—
Scott Living Trust
Scott,bruce R
Quit Claim Deed
related
—
Aug 24, 2010
—
Mclain John Trust
—
Trustees Deed
related
$105,000 · John & Carolyn Mclain
Mar 20, 2008
$201,000
Resource Concepts INC
Rodarte Judith M
Grant Deed
—
Aug 16, 2006
—
Mclain John & Carolyn Trust
Mclain,john L & Carolyn
Quit Claim Deed
related
—
—
—
John L Mclain
—
Deed Of Trust
related
$375,000 · Carlson Construction INC
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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