405 Roop StCarson City, NV 89701

  • Office buildings
  • 1,637 SF

Property Details for 405 Roop St

Year built
1910
Lot size
0.30 AC
Property size (Sq ft)
1,637 SF
Property type
Office buildings
APN
004-165-28
APU
416528

Description

This exceptional single-tenant office building, located at 405 N Roop Street in Carson City, Nevada, presents a unique investment opportunity. The property boasts a total building size of 13,015 square feet, with the currently available space encompassing 1,637 square feet, ideal for a variety of business uses. Situated in a convenient location with easy access to major transportation routes, this property offers significant potential for growth and profitability. The building is zoned RO, and its APN is 004-165-28. The property's single-tenant occupancy provides stability and predictable income streams. The address is 405 N Roop St, Carson City, NV 89701. Its geographic coordinates are latitude 39.1661831 and longitude -119.7608582. This is a fantastic chance to acquire a well-maintained office building in a thriving Nevada market. The property's size and location make it an attractive option for businesses seeking a functional and accessible workspace. Further details regarding the property's specifics are available upon request. This presents a compelling opportunity for investors seeking a stable and potentially appreciating asset in a desirable location. The property's single-tenant status minimizes management complexities, making it an attractive investment for both seasoned and new investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $326,676
    6.5%
    $301,547
    7%
    $280,008
  • Comparable approach

    Method
    Valuation
    Relative Method
    $374,857
    Geo Method
    $374,857
  • Alternative Use

    Use
    Valuation
    Residential
    $373,919
    Hospitality
    $342,508
    Educational
    $284,962
    Medical
    $294,763
    Retail
    $443,275

Location Insight

City
Carson City
County
Carson City
State
Nevada
Latitude
39.1663
Longitude
-119.761
CBSA code
16180
CBSA name
CARSON CITY, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,135
$57,895
$29,890
$87,785
-
$165,413
$85,399
$250,812

FAQs

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