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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office buildings
511 Robinson St, Carson City, NV 89701-4107
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-1131774
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1995
Total area
5,158 SF
Lot
0.21 ac (9,148 SF)
Zoning code
GO
APN
004-231-02
UPID
US62-1131774
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
-
Knead Mobile Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1,000k
Blend (final)
Blend
$925k
Owner & transaction history
James A Coyle JR · 2 yrs held
James A Coyle JR
since 2023
Last sale
$945,000
7 recorded transactions
Zoning & alternative use
GO · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+13.0%
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
$855,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,010,000
Current use
COMMERCIAL (GENERAL)
$1,140,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $945k (Oct 31 2023)
Last sale anchor
$945k
Oct 31 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
$179 / 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
$8,270
Tax year 2024
Assessed value
$231,605
Assessed 2024
Previous assessed
$217,720
+6.4% YoY
Effective rate
3.57%
On assessed value
Assessed land
$53,788
Assessed improvement
$177,817
Land market value
$153,680
Improvement market value
$508,048
Total market value
$661,728
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
1995
Heating
YES
Cooling
YES
Stories
2
Bathrooms
7
Total area
5,158 SF
Lot
0.21 ac (9,148 SF)
Zoning code
GO
APN
004-231-02
UPID
US62-1131774
Jurisdiction
CARSON CITY
Zoning & alternative use
GO · Carson City, NV
Zoning GO · permitted uses
GO · 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 Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
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
1995
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
7
Lot
0.21 ac
Current owner
From public records · entity-resolved
James A Coyle JR
Individual
Free & Clear · 2 yrs held
Mailing address
1190 MOTTSVILLE MDWS WAY, GARDNERVILLE, NV 89460-6312
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2023
$945,000
James A Coyle JR
Gumbd LLC
Bargain And Sale Deed
—
Apr 14, 2022
$850,000
Gumbd LLC
Marcel V Bigue
Bargain And Sale Deed
$625,000 · Vittone Realty Services INC
Aug 3, 2020
—
Bigue,marcel V Living Trust
Bigue Maurice & Marie Trust
Quit Claim Deed
related
—
Dec 3, 2019
—
Bigue,maurice & Marie Trust
M & M Bigue Invs LLC Series B
Quit Claim Deed
—
Jun 30, 2011
—
M & M Bigue Investments LLC
Bigue Living Trust
Quit Claim Deed
—
Nov 21, 2002
$1,425,000
Bigue,tr
Wipfli,tr
Grant Deed
—
Apr 28, 1995
—
Victor L Mc Donald
Mc Donald,victor L
Quit Claim Deed
related
$326,000 · Comstock Bank
—
—
Victor L Mcdonald
—
Deed Of Trust
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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