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Property profile & analytics
OFF-MARKET Estimated value $3,610,000
Hotels

972 Retail Ct Carson City, NV 89706-0630

68,342 SF 2.47 ac lot Built 2020
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US62-0567990
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2020
Total area 68,342 SF
Lot 2.47 ac (107,593 SF)
Zoning code TC
APN 002-751-01
UPID US62-0567990
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.61M
Owner & transaction history
Retail Court Hotel LLC · 7 yrs held
Retail Court Hotel LLC
since 2019
3 recorded transactions
2019
$900,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TC · Carson City, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

18.04.140 - Tourist commercial (TC) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The TC district is intended to permit a broad range of primary and accessory tourist commercial uses to encourage tourism and to serve the visitor-related activities of Carson City. All uses within this district must be oriented tow…

Zone name Tourist Commercial
General category COMMERCIAL
Zone area 65.88 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $4.2M +11.3%
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