990 Minnesota StCarson City, NV 89703

Property Details for 990 Minnesota St

Year built

1918

Lot size

0.26 AC

Property size (Sq ft)

1,511 SF

Zone code

RO

Property type

Office properties

Property subtype

Office buildings

APN

001-201-28

APU

120128

Description

This exceptional 1,511 square foot office building, situated on a 0.256-acre lot in Carson City, Nevada, presents a unique investment opportunity. Originally constructed in 1922, "The Adam's House" is a beautifully preserved bungalow showcasing American Craftsman architecture and is proudly listed on the National Register of Historic Places (1999). The property boasts a desirable RO (Residential Office) zoning designation, offering versatility for a range of professional uses. The interior comprises five rooms, a functional kitchen, and ample storage space, providing flexibility for various office configurations. The building's character is further enhanced by its mature landscaping and a generous 9-space off-street parking area. Located at 990 N Minnesota St, Carson City, NV 89703, this property offers a blend of historical charm and modern practicality, making it an ideal choice for discerning buyers seeking a distinctive office space in a prime location. The property's size and zoning make it suitable for executive, medical, or traditional office uses. Its historical significance and unique architectural details add to its appeal and potential for future appreciation.

• CAP approach

  CAP return

  Valuation

  6%

  $301,532

  6.5%

  $278,337

  7%

  $258,456

• Comparable approach

  Method

  Valuation

  Relative Method

  $346,004

  Geo Method

  $346,004

• Alternative Use

  Use

  Valuation

  Residential

  $345,138

  Hospitality

  $316,145

  Educational

  $263,029

  Medical

  $272,075

  Retail

  $409,156

Location Insight

City

Carson City

County

Carson City

State

Nevada

Latitude

39.1696

Longitude

-119.771

CBSA code

16180

CBSA name

CARSON CITY, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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