1425 Vista LnCarson City, NV 89703

  • Other commercial real estate
  • 7,452 SF
For Sale
$4,000,460 View listing

Property Details for 1425 Vista Ln

Year built
2007
Lot size
0.77 AC
Property size (Sq ft)
7,452 SF
Zone code
RC
Property type
Other commercial real estate
APN
007-531-21
APU
753121

Description

This exceptional investment opportunity presents a 7,452 square foot medical office building located at 1425 Vista Ln, Carson City, NV 89703. The property is currently under a Net Lease (NNN) agreement with Carson Tahoe Physician Clinics, a highly credible tenant, providing significant stability and predictable cash flow. The lease has approximately four years remaining, ensuring a long-term investment horizon. Built to suit the tenant's needs, the building is zoned RC and offers a strong return on investment. The lease includes a favorable 3% annual rent increase, protecting against inflation and enhancing long-term profitability. Furthermore, the lease agreement includes two to five-year renewal options, providing additional security and potential for future growth. The asking price is $4,000,460, translating to a price per square foot of $536.83. This represents a compelling opportunity for investors seeking a stable, high-yield investment in a desirable Nevada location. The property's strong tenant, favorable lease terms, and strategic location combine to create a compelling investment proposition. This is a rare chance to acquire a well-established medical office building with a proven track record of success. Don't miss this chance to secure a valuable asset in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,702,164
    Hospitality
    $1,559,173
    Educational
    $1,297,214
    Medical
    $1,341,827
    Retail
    $2,017,888
1425 Vista Ln, Carson City, Nevada

Location Insight

City
Carson City
County
Carson City
State
Nevada
Latitude
39.1978
Longitude
-119.782
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
$23,199
$176,148
$473,629
$649,777
-
$503,280
$1,353,226
$1,856,506

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