Property summary
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
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RO · Carson City, NV18.04.110 - 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…
Zoning
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Zoning designation
Official district profile
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…
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The district profile from the municipal source: what is on file for RO in Carson City, NV.
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