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Property profile & analytics
OFF-MARKET
Apartment buildings
604 King St Carson City, NV 89703-4281
Individually Owned
1-yr Hold
Free & Clear
Property ID
US62-0406103
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
13,230 SF
Lot
0.57 ac (24,829 SF)
Zoning code
SF6
APN
003-203-01
UPID
US62-0406103
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
-
King St. Apts Hotel & Motel Bed & Breakfast
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
Andrew C Pichon · 1 yrs held
Andrew C Pichon
since 2025
1 recorded transaction
Zoning & alternative use
SF6 · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
sidential Districts Use Table P = Permitted as a primary use S = Special Use Permit required (conditional use) √ = Supplemental Standards A = Administrative permit Blank = Prohibited Primary Use SF5A SF2A SF1A SF21 SF12 SF6 MH12 MH6 MH1A MHP MFD MFA √ Accessory dwelling unit A A A A S S S S A Agricultural use P S Animal shelter S Bed and breakfast inn S S S…
Zone name
Single Family
General category
RESIDENTIAL
Zone area
1,929.43 ac
Source
code of ordinances
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
$9,082
Tax year 2024
Assessed value
$286,001
Assessed 2024
Previous assessed
$248,736
+15.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$138,040
Assessed improvement
$147,961
Land market value
$394,400
Improvement market value
$422,745
Total market value
$817,145
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Heating
BASEBOARD
Stories
2
Bathrooms
4
Total area
13,230 SF
Lot
0.57 ac (24,829 SF)
Zoning code
SF6
APN
003-203-01
UPID
US62-0406103
Jurisdiction
CARSON CITY
Zoning & alternative use
SF6 · Carson City, NVZoning SF6 · permitted uses
SF6 · Carson City, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
sidential Districts Use Table P = Permitted as a primary use S = Special Use Permit required (conditional use) √ = Supplemental Standards A = Administrative permit Blank = Prohibited Primary Use SF5A SF2A SF1A SF21 SF12 SF6 MH12 MH6 MH1A MHP MFD MFA √ Accessory dwelling unit A A A A S S S S A Agricultural use P S Animal shelter S Bed and breakfast inn S S S S Bed and breakfast inn only within the Historic District S S S Cemetery S Child ca
Zone name
Single Family
General category
RESIDENTIAL
Zone area
1,929.43 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1971
Heating
BASEBOARD
Stories
2
Bathrooms
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
Andrew C Pichon
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 6508, RENO, NV 89513-6508
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
$2,945,000
Andrew C Pichon
Matthew Eric Pichon
Bargain & Sale Deed
—
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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