Property profile

812 Musser St Carson City, NV 89701

OFF-MARKET
Office buildings
Property ID
US62-1184059
1,064 SF 0.23 ac lot Built 1938
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Carson City property, located at 812 E Musser St, presents a unique investment opportunity. The mixed-use building, totaling 1,064 square feet, sits on a substantial 10,018 square foot lot and is zoned for residential office use. Built in 1951 (with a previous construction date of 1938), the two-story building features a traditional office space within a larger structure. The property offers significant development potential, given its flat, open lot and Residential Office zoning, potentially allowing for multi-family unit development with a special use permit. The existing structure includes a three-bedroom, one-and-a-half-bathroom home, offering immediate income potential or the ability to renovate and occupy. Amenities include a one-car garage, carport, and ample off-street parking. The asking price is $350,000. Financing must be a commercial loan due to the highest and best use being commercial. This property is ideal for investors seeking a blend of immediate income and long-term development prospects in a desirable Carson City location. The property is currently back on the market due to circumstances unrelated to the property itself.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1938
Total area 1,064 SF
Lot 0.23 ac (10,019 SF)
Zoning code RO
APN 004-171-11
UPID US62-1184059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

812 Musser St Carson City, NV 89701-4721
Carson City metro Census 602 CARSON CITY, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2023
Last sale
$350,000
3 recorded transactions
2023
Price N/A
2018
Price N/A
2013
$187,500

Zoning & alternative use

RO · Carson City, NV
Zoning description

18.04.110 - Residential office (RO) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purposes of the RO district are to: (a) Preserve the desirable characteristics of the re…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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