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Property profile & analytics
OFF-MARKET
Office buildings
602 Caroline St Carson City, NV 89701-4002
Trust Owned
Absentee Owner
Free & Clear
Property ID
US62-0374146
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1984
Total area
2,112 SF
Lot
0.23 ac (10,019 SF)
Zoning code
GO
APN
004-242-03
UPID
US62-0374146
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
-
Kiggins Family Dentistry Dental Office
-
Dr. Richard Reich Dental Office
-
Dr. Justin Kiggins Dental Office
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
Sharon R Swanson Family Trust
Sharon R Swanson Family Trust
since 2026
7 recorded transactions
Zoning & alternative use
GO · 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
$4,620
Tax year 2024
Assessed value
$129,364
Assessed 2024
Previous assessed
$124,660
+3.8% YoY
Effective rate
3.57%
On assessed value
Assessed land
$59,976
Assessed improvement
$69,388
Land market value
$171,360
Improvement market value
$198,250
Total market value
$369,610
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
1984
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
2,112 SF
Lot
0.23 ac (10,019 SF)
Zoning code
GO
APN
004-242-03
UPID
US62-0374146
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.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Sharon R Swanson Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
14780 REDMOND DR, RENO, NV 89511-4529
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 31, 2026
$570,000
Sharon R Swanson Family Trust
Reich 2013 Series LLC
Bargain & Sale Deed
—
Apr 9, 2021
—
Richard L Reich
Richard L Reich
Intrafamily Transfer
related
—
Jul 16, 2012
—
Richard Reich
Reich,kathleen
Quit Claim Deed
related
—
May 18, 2006
—
Reich Series LLC
Reich,richard L & Kathleen M
Quit Claim Deed
—
Apr 8, 2005
—
Richard L Reich
Reich,kathleen M
Quit Claim Deed
related
$340,000 · Bank Of America
—
—
Reich Series LLC
—
Deed Of Trust
related
$340,000 · Bank Of America
—
—
Richard L Reich
—
Deed Of Trust
related
$680,000 · 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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