314 Fifth StCarson City, NV 89703

Property Details for 314 Fifth St

Year built

1960

Lot size

0.19 AC

Property size (Sq ft)

2,641 SF

Zone code

RO

Property type

Office properties

Property subtype

Office buildings

APN

003-129-04

APU

312904

Description

This exceptional 3,193 square foot medical office building, located at 314 W 5th Street in Carson City, Nevada, presents a compelling investment opportunity. The property, built in 1960, is a Class C, two-story building situated on a single lot with seven surface parking spaces. Currently configured as a turnkey dental office, it offers immediate income potential. The asking price is $610,000, translating to $191.04 per square foot. The property features a single tenancy under a NNN lease agreement. Its central Carson City location benefits from strong income and population demographics, making it an attractive proposition for both owner-occupiers and investors. The Assessor's Parcel Number (APN) is 003-129-04. A virtual 3D tour is available online. This is a rare opportunity to acquire a well-established medical office building in a desirable Nevada location. The property's strong fundamentals and existing tenancy make it an ideal investment for those seeking a stable and profitable asset.

• CAP approach

  CAP return

  Valuation

  6%

  $527,033

  6.5%

  $486,492

  7%

  $451,742

• Comparable approach

  Method

  Valuation

  Relative Method

  $604,763

  Geo Method

  $604,763

• Alternative Use

  Use

  Valuation

  Residential

  $603,250

  Hospitality

  $552,573

  Educational

  $459,735

  Medical

  $475,546

  Retail

  $715,143

Location Insight

City

Carson City

County

Carson City

State

Nevada

Latitude

39.1615

Longitude

-119.769

CBSA code

16180

CBSA name

CARSON CITY, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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